Just a bit more, anon. Price discovery awaits. ...

Market Performance - USELESS coin is outperforming the entire market [1] - A new All-Time High (ATH) and price discovery are anticipated soon for USELESS coin [1] Coin Overview - USELESS coin is described as a "USELESS coin" [1]

Market Trends - Bitcoin surpassed $123,000 for the first time, entering price discovery mode [1] - The rally is driven by sustained institutional demand, not just retail investors [1] ETF Inflows - Spot Bitcoin ETFs experienced massive inflows, totaling $27 billion last week [1] - Nearly half of the weekly inflow occurred in a single day, marking the second-largest session on record [1] - BlackRock's IBIT fund now holds over $83 billion in assets, becoming one of the fastest-growing ETFs in US history [2] Market Dynamics - A short squeeze is occurring, forcing traders who bet against Bitcoin to buy back in [2] - Options expiration cleared selling pressure, potentially leading to increased volatility [3] Regulatory Landscape - The House is considering bills on stablecoin oversight and a Fed-issued digital dollar [3] - Republicans are promoting "crypto week" to make the US more favorable to digital assets [4] Overall Outlook - Near-record ETF inflows, a short squeeze, and potential regulatory tailwinds create a powerful setup for continued momentum [4]

Bitcoin uh this morning hitting a new high above $123,000. Joining us right now on the move and what it means. Anthony Pompagano is here as the founder and CEO of Professional Capital Management.Good morning to you. I guess as Joe said, if you're going to get to 250,000 or 500,000, you you got to cross 123 at some point. Uh but what do you think is happening.What's driving it right this moment. First of all, welcome to the greatest show on Wall Street. I think that Wall Street's full undivided attention now ...

Market Trends & Drivers - Bitcoin reached a new high above $123,000 [1] - Wall Street's attention is now fully on Bitcoin [2] - Record inflows into Bitcoin ETFs are driving the price increase, with BlackRock's fund reaching almost $90 billion in about a year, becoming a top 20 largest ETF in the world [2] - The expiration of options at the end of Q2 removed downward pressure on Bitcoin [3] - Short sellers being "blown out" as Bitcoin's price increased contributed to the price discovery phase [4] - Bitcoin has transitioned from a contrarian trade to a consensus trade, with ETFs, Bitcoin treasury companies, retail investors, and sovereign wealth funds all showing interest [6] Regulatory & Political Landscape - A friendlier administration and Congress are seen as helpful for Bitcoin [8] - The pending bills primarily address stablecoins and market structure rather than Bitcoin specifically [9] - Politicians are likely to lean into the crypto sector due to the interest of younger generations [14] Custody & Investment Strategies - Self-custody is a key part of Bitcoin's value proposition, but qualified custodians are necessary for regulated financial entities [16] - Public companies face different limitations than individuals regarding custody of Bitcoin [17]

Market Trends - $50 million shorts liquidated in the past 60 minutes, potentially triggering a short squeeze [1] - Bitcoin is approaching price discovery, suggesting a potential breakout [1] Investment Opportunities - The market anticipates which altcoins will experience the most significant gains following Bitcoin's price discovery [1]