Bitcoin has surged ~26% in just one week. ๐
According to River, moves of this size have only happened five times since 2019:
April 2019: 26.7% gain
Jan 2021: 25.9% gain
Feb 2021: 25.2% gain
Aug 17-21, 2026: 26.80% gain
Rare territory.
๐จ MAJOR DEVELOPMENT:
The National Organization of Black Law Enforcement Executives (NOBLE) has become the first major law enforcement group to endorse the Clarity Act.
They submitted a letter to senators supporting the bill.
Significant boost for the legislation.
Tom Lee on MSTR's recovery:
"As long as Bitcoin's price recovers, Strategy is going to stage a big recovery...."
"I'm confident Bitcoin's price will recover because it remains one of the most pristine ways to transfer and store value." ๐
Source: Bitcoin Treasuries
U.S.-Iran peace deal = macro bullish.
Clarity Act becoming law = crypto bullish.
If both happen within weeks of each otherโฆ Bitcoin may not stay at these levels for long. ๐
Whatโs your take?
The Clarity Act successfully passed by the Senate Banking Committee.
Now the next step?
Getting it to the Senate floor and then to the President to be signed into law!
How long do you think it will take? ๐
Bitmine going hard on #Ethereum:
๐น Added 145K ETH in the last 30 days
๐น Staked ~770K ETH in the same period
Now sitting at 88% staked across their portfolio.
This is institutional-level conviction!
Sen. Lummis: โWE ARE CLOSER THAN EVER TO GETTING THE CLARITY ACT ACROSS THE FINISH LINE.โ ๐
Clarity is inevitable.
Parabolic moves for $BTC incoming!