MARA Holdings (NASDAQ: MARA) saw its stock price tumble nearly 5% during intraday trading on May 12 after the Bitcoin mining company reported disappointing first-quarter 2026 earnings and revealed a massive Bitcoin sale. The decline reflects growing investor concerns over the firms profitability, debt strategy, and transition away from traditional crypto mining.
A major piece of US crypto legislation is now in the spotlight with XRP at the center: the CLARITY Act draft text was released Monday night, totaling 309 pages and arriving ahead of a key Senate markup scheduled for Thursday. The bill has been delayed since January, but the appearance of the full draft has already triggered intense attention from XRP analysts who believe important parts of the document could meaningfully improve the altcoin's regulatory outlook.