Continued stair steps or an incoming parabola - that is the question.

NEW: Congresswoman Maxine Waters (D-CA) and Congressman Stephen Lynch (D-MA) have announced “Anti-Crypto Corruption Week” for the week of July 14, during which Democrats will oppose three Republican-backed crypto bills: the “CLARITY Act,” the “GENIUS Act,” and a proposed ban on a central bank digital currency. 🤔 Waters cited the lack of regulations stopping President Trump from engaging with lucrative crypto businesses while in office as a chief concern.

NEW: 🇬🇧 UK investors must pass a “complex investment questionnaire” before they can purchase Strategy’s preferred shares, such as STRK, because these are considered “higher-risk investments.” 🤔 Even if approved, they must retake the test every two years. From Freddie New

NEW: 🇺🇸 Senator Elizabeth Warren is outraged that more than $7 billion of Trump’s net worth is tied to crypto, including a Bitcoin mining company.

NEW: The total number of Bitcoin holders has declined, likely due to retail investors' net wallet liquidations and market exits. This recent exodus preceded Bitcoin's new ATH breakout. This is not unusual, as past retail selling has often preceded bullish price action.

NEW: 🇺🇸 US Bitcoin mining execs earn far more than peers in IT and energy sectors, prompting shareholder backlash, per VanEck. Avg shareholder approval for exec pay is just 64%, versus ~90% for S&P 500 and Russell 3000 firms.

NEW: Spot Bitcoin ETFs just saw their second-largest daily inflow ever, with over $1.1 billion in a single day. BlackRock’s ETF led the charge, pulling in the bulk of the capital as institutional appetite surges.

+600%

Still looking quite tame on the log chart. Log chart verticality is when the real fun begins.

BITCOIN 1 day: +4.40% 1 week: +6.70% 1 month: +5.33% 6 months: +22.68% Year to date: +24.46% 1 year: +100.15% 5 years: +1,160%