TLDR

• The U.S. Senate Banking Committee reviews the CLARITY Act on May 14, which could define how crypto assets are regulated
• Stablecoin rewards are a key fight in the bill, with banks pushing for limits and crypto firms pushing for flexibility
• Bitcoin is holding above $80,000 but faces resistance near $81,000–$83,000
• Bitcoin ETF flows have improved but have not recovered from heavy outflows seen between late 2025 and early 2026
• Coinbase posted its second straight quarterly loss, with revenue falling from $2.03 billion to $1.43 billion year over year

This week brings several events that could shape the direction of the crypto market. Regulation, Bitcoin’s price zone, ETF flows, and Coinbase earnings are all in…