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Alex Thorn

Steady4 stories2 sourcesLast updated: 5/4/2026

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CLARITY Act markup could come next week after stablecoin deal breakthrough
NEWS
5/4/2026

CLARITY Act markup could come next week after stablecoin deal breakthrough

The CLARITY Act is moving toward its next procedural test after Senate negotiators released compromise language on stablecoin rewards last week, raising expectations that the Senate Banking Committee could take up the measure as soon as the week of May 11. Alex Thorn, head of research at Galaxy Digital, said the release of text from […] The post CLARITY Act markup could come next week after stablecoin deal breakthrough appeared first on CryptoSlate.

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CryptoSlate
CLARITY Act Stablecoin Yield Provisions Published, Markup Expected Imminently
Developing
Tech·5/2/2026AI summary

CLARITY Act Stablecoin Yield Provisions Published, Markup Expected Imminently

New stablecoin yield provisions have been published by Senators Thom Tillis and Angela Alsobrooks, potentially clearing a major roadblock for the CLARITY Act. The legislation prohibits paying interest on stablecoins but allows rewards for bona fide activities. Polymarket traders now see a 55% chance of the bill passing in 2026, up 9% in 24 hours. Senate Banking Committee could schedule markup as soon as the week of May 11.

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Cointelegraph
Bitcoin Current Cycle 'Dramatically Weaker' Than Prior Cycles: Analyst
NEWS
4/19/2026AI summary

Bitcoin Current Cycle 'Dramatically Weaker' Than Prior Cycles: Analyst

Galaxy's Alex Thorn says Bitcoin's current cycle since the April 2024 halving is dramatically underperforming previous cycles, with only 97% upside versus 9,294% in 2012, 2,950% in 2016, and 761% in 2020. The 30-day volatility index has dropped from 9.64% in 2020 to just 1.75% currently. Critics note BTC hit an all-time high before the halving due to spot ETF approval, skewing the comparison. Bitcoin is currently trading at $74,703, up 5% weekly.

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Cointelegraph