Happy Tuesday!

The ‘crypto godfather’ is shorting Bitcoin. That’s right, Michael Terpin says there is one more leg down to come — here’s the thesis behind his trade.

Michael Saylor is looking forward to the CLARITY Act and says it will bring clarity and adoption to STRC. Why is he so sanguine about the bill’s chances?

Plus, expert trader Matt Maley recognized the signal, flagged it to his members, and positioned for what comes next — on both sides. Tomorrow (May 13), he’ll show you the framework and walks through every open trade live. Save Your Spot Now

TOP STORY

Why Crypto 'Godfather' Michael Terpin Says He's Shorting Bitcoin

Crypto "Godfather" Michael Terpin is shorting Bitcoin $BTC at $82,000 — targeting a re-entry in the $50,000-$60,000 range before what he still believes is an eventual move to $1 million by 2033.

Terpin puts 2-to-1 odds on another leg lower, with Coin Days Destroyed models projecting a possible bottom near $42,000 and historical capitulation timelines pointing toward an October low.

His four-year cycle thesis stays intact, just with diminishing downside volatility as the bid gets deeper.

But there is one wildcard he flagged…

SPECIAL OFFER

The Last Time The Chip Sector Looked Like This, The Nasdaq Dropped 80%.

Expert trader Matt Maley recognized the signal, flagged it to his members, and positioned for what comes next — on both sides. Tomorrow (May 13), he’ll show you the framework and walks through every open trade live.

QUICK N DIRTY

Bitcoin, Ethereum, XRP are stalling again and don’t seem able to extend their recent rally: here’s what else is driving markets today.

Ray Dalio has an explanation as to why Bitcoin has not kept pace with gold. Here’s why he thinks BTC is not a safe haven at all.

Arthur Hayes is more sanguine and says Bitcoin going back to all-time highs is a foregone conclusion. Here’s why the crypto veteran remains bullish.

FINTECH FOCUS

Michael Saylor Says CLARITY Act Will Unlock STRC 'Adoption,' But Prediction Markets Aren't Buying It

The CLARITY Act is getting real.

The Senate Banking Committee votes Thursday at 10:30 AM ET on a 309-page stablecoin framework that bans passive yield on dollar tokens but carves out rewards tied to actual crypto activity, and Michael Saylor is already calling it a green light for Strategy's 11.5% STRC yield ecosystem.

Polymarket spiked to 79% odds of a 2026 signing the moment the markup hit the calendar before five major banking trade groups pushed it back to 59% — with Circle already up 20% on the compromise reveal and Coinbase next in line to benefit.

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