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Major banking trade groups said a proposed fix to a key hurdle in advancing crypto market structure legislation “falls short.”The statement comes just days after Senators Tillis and Alsobrooks finalized a compromise to end the months-long dispute that involved the White House, banking lobby and the crypto industry.

LINK climbed alongside Bitcoin’s return above $80,000, with the broader risk-on session lifting infrastructure tokens across the board on May 4.Chainlink’s CCIP cross-chain protocol averaged $90 million in weekly token transfers in recent months, providing a fundamental backdrop for the price move.LINK had been trading in a tight range between $8.70 and $9.58 for most of April, making May 4’s move its most decisive session in two weeks.

The prediction market ETFs covered U.S. election outcomes, layoffs in the tech sector and the likelihood of a recession.Prediction market platforms Kalshi and Polymarket have done a massive $85 billion in volume so far in 2026.

Just 1% of registered US voters named crypto their top concern; only 3% called it the single most important 2026 midterm issue.Majorities of independents, Democrat-leaning voters, and base Democrats all held unfavorable views of cryptocurrency in the poll.Despite low priority rankings, 22% said crypto is an important issue and 40% would vote for a candidate aligned on digital assets.

The Basel Committee’s 1,250% risk-weight on unbacked crypto makes direct Bitcoin balance-sheet exposure economically unviable for major banks under current rules.Morgan Stanley’s MSBT launched April 8 as the first US bank-affiliated Bitcoin ETP, hitting $100M in six days entirely through self-directed client demand with zero advisor involvement.The bank recommends a 2% to 4% Bitcoin allocation to certain clients and is pursuing an OCC digital trust charter for direct crypto custody and spot trading.

Volume expanded into the $1.40 breakout on May 4, confirming real positioning rather than a low-liquidity push.The $1.45 level is the critical structural barrier: 36.8 billion XRP, or 60% of supply, sits at a $1.44 average cost basis per Glassnode.Standard Chartered projects $4 to $8 billion in additional XRP ETF inflows if the CLARITY Act clears the Senate Banking Committee before May 21.

April’s $1.97 billion in spot Bitcoin ETF inflows was the highest monthly total of 2026, setting the stage for the $80,000 reclaim.CryptoQuant analysts said the rally is driven by ETF inflows and leveraged longs, not broad-based spot buying, a pattern historically linked to fragile gains.Polymarket odds put the chance of Bitcoin reaching $90,000 in May at just 23%, reflecting low conviction about further upside.

K Wave Media is shifting $485 million in funding from its Bitcoin treasury strategy towards an AI infrastructure play.

The new lawsuit targets MARA’s Granbury site as cryptocurrency mining companies pivot to providing AI infrastructure.

Bitcoin just hit its highest price in months, right as $65 billion treasury firm Strategy took a rare week off from BTC accumulation.

GameStop has built a 5% stake in eBay and proposed to fund the deal with cash on hand plus third-party financing.

Bitcoin rallied above $80,000 overnight before selling off on reports of a U.S. warship struck by Iranian missiles. Plus, Clarity Act odds spiked after a new compromise on stablecoin yield.

Bitmine added 101,745 ETH last week, pushing total Ethereum holdings to 5.18 million tokens now.Staked ETH reached 4.36 million tokens, giving Bitmine about $10.2 billion in staked assets.Ethereum Foundation sales added context as Bitmine moved closer to its 5% ETH supply target.

Bitget says its contracts-for-difference (CFD) business has reached a new all-time high, with single-day trading volume surpassing $8 billion.Gold-related products drove roughly 95% of the incremental activity, making precious metals the core engine of Bitget’s cross-asset trading uptick.Chinese-speaking, European, and Southeast Asian markets together accounted for 85% of the growth, underscoring a broad regional expansion.

DAXA warned South Korea’s AML plan could raise exchange reports from 63,000 to 5.4 million.The proposal would flag overseas-linked crypto transfers above 10 million won as suspicious transactions automatically.Korean exchanges are already fighting FIU sanctions as courts review several AML-related enforcement actions.

Bitcoin jumped 2.6% above $80,000, and Ether gained 3.6% to trade at $2,382 as of 11:40 p.m. ET Sunday.Trump said Sunday that the U.S. will guide stranded ships through the Strait of Hormuz, while an Iranian official warned that such a mission could be considered a violation of the ceasefire.