SHOCKING! Michael Saylor to Sell Bitcoin! Clarity Act will be Marked Up Next Week!

May 6, 2026

AI Summary

5 min read

Bitcoin traded above $81,200 at recording time, holding in a rising channel with potential to reach $84,000-$85,000 amid a CME gap between $82,000 and $84,000. The host anticipates possible overshoots to $87,000-$90,000 but notes RSI nearing overbought at 70, signaling a likely cooldown that could spark a relief rally in major altcoins like Ethereum, Solana, and XRP, plus top 15-20 coins and privacy coins. Total3 chart shows bullish RSI room and a flipped MADD, historically allowing alts to outperform Bitcoin temporarily.

MicroStrategy's Reported Shift on Bitcoin Holdings

MicroStrategy faces pressure from a $12.54 billion Q1 loss and dividend obligations, leading to reports it may sell Bitcoin—contradicting CEO Michael Saylor's long-standing "never sell" stance and aggressive propaganda like "sell your kidney to buy Bitcoin." The host highlights excessive leverage via debt raises as risky, akin to 2008 scenarios, unlike Tesla's conservative cash allocation to Bitcoin while maintaining operating revenue. This pivot signals bear market stress, potentially worsening narratives if Bitcoin corrects; a collapse seems unlikely due to possible bailouts by institutions like BlackRock, countries building reserves, or even the U.S. government to avert fallout. MicroStrategy is no longer purely a "Bitcoin treasury company" in the host's view, urging caution amid Saylor's prior dismiss

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What you'll learn

1 (01:03) **Bitcoin Market Update** - BTC at $81,240 in rising channel, potential top at 84-85K with CME gap
2 (02:26) **Altcoin Outlook** - Expect relief rally in majors like ETH, SOL, XRP if BTC cools
3 (03:32) **Michael Saylor/MicroStrategy to Sell Bitcoin** - Company may sell BTC to fund dividend obligations amid $12.54B Q1 loss
4 (10:14) **CME Launches Bitcoin Volatility Futures** - New contracts start June 1st, boosting institutional products
5 (10:41) **Clarity Act Markup Next Week** - Sen. Bernie Moreno confirms Bitcoin/crypto market structure bill advances
6 (12:48) **Kraken Partners MoneyGram** - Enables crypto-to-cash withdrawals in 100+ countries
7 (14:21) **Solana Adoption: OnRay Reinsurance** - Forward Industries/Rockaway X lead $5M Series A for on-chain reinsurance

+ Full timestamped outline available in the app

Show Notes

Crypto News: Michael Saylor's Strategy signals potential bitcoin sale to fund dividends obligations. Senator Bernie Moreno says they're going to mark up the Bitcoin and crypto market structure legislation Clarity Act "next week."
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⏰ Time Stamps ⏰
00:00 Intro
00:24 Bitcoin analysis
02:46 Michael Saylor to Sell Bitcoin
09:28 CME Bitcoin volatility futures
09:57 Bernie Moreno Clarity Act Markup
11:03 Kraken Exchange MoneyGram
12:36 Onchain Reinsurance Solana
14:03 Tennessee Bankers Crypto Stablecore
16:10 Parity Act Crypto Taxes
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