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]

Industry Trends - 4 Bitcoin (BTC) mining operations transitioned to Ethereum (ETH) staking this quarter [1] - Sony, Coinbase (CB), and Robinhood (RH) all announced Layer 2 (L2) solutions [1] Supply Dynamics - 155 thousand ETH were unstaked and moved to exchanges from miners [1] - Exchange Traded Funds (ETFs) absorbed 315 thousand ETH this week alone [1] - Total ETH absorption is running at 3330% (33.3x) of new issuance [1]

etfs buying 22x more btc daily than miners can produceexchange reserves down 77% since januaryonly 18k btc left on exchangessupply vacuum gets real when you're buying tomorrow's bitcoin today ...

Group 1 - The article emphasizes the uncertainty in investment forecasting, highlighting that predicting market movements is inherently challenging due to the fast-paced nature of the world [1] Group 2 - iREIT® offers comprehensive research services covering various investment vehicles such as REITs, mREITs, Preferreds, BDCs, MLPs, ETFs, Builders, and Asset Managers [2] - The iREIT® Tracker provides data on over 250 tickers, including quality scores, buy targets, and trim targets, enhancing investment decision-making [2] - A new Ratings Tracker called iREIT Buy Zone has been introduced to assist members in screening for value opportunities [2]

Market Trends & Investment Opportunities - Bitcoin hits a new record, potentially signaling the start of a longer bull run, driven by institutional demand and regulatory tailwinds [1] - Historically, July and the fourth quarter are strong periods for Bitcoin [1] - Bitcoin ETFs experienced their biggest day of inflows this year, exceeding $1 billion, marking the second-largest inflow day on record for ETH ETFs [3] - Circle IPO provided reasons for investors to be interested in crypto beyond Bitcoin's price, reducing perceived risk [5][6] - Tokenization, including stablecoins, has helped revive ETH, which is outperforming Bitcoin ahead of its 10-year anniversary [4] Financial Performance & Liquidation - Over $655 million in Bitcoin and short Bitcoin positions were liquidated in the past 24 hours [2] Macroeconomic Factors - The Fed meeting at the end of the month should be monitored as a potential macro catalyst [3] Regulatory Landscape - Congress is making headway on legislation, and the White House is supportive of crypto [5][6]

yes https://t.co/cotekCQnRWOndo Finance (@OndoFinance):RWAs are one the fastest-growing verticals in crypto.Tokenized stocks and ETFs are about to accelerate that growth. ...

ethereumtreasuries bought 200,000 ETH last 30 daysnet issuance only 57,000 ETHetfs hold 4.11m ETHsharplink 188,478 ETH ($490m)bit digital 100,603 ETH ($260m)112,000 ETH moved to staking yesterdaydemand running 4x supply ...

2025:- stablecoins- tokenization of everything- institutional compliant DeFi- launchpads- fintech chain launches- crypto m&a- ETFs for dozens of tokens2026:- crypto-powered businesses- hundreds more chains- $10T total marketcap- trillions of $$$ of stablecoin volumes- perps volume > options volume in TradFi- use stablecoins to pay for anything ...

Core Insights - The article discusses the background and qualifications of an MBA student from the Indian Institute of Management—Indore, highlighting their achievement in passing CFA Level 1 and Level 2 examinations [1] - The student has experience in publishing on Seeking Alpha and has worked with Que Capital, a subsidiary of AlmaStreet Capital LLC, focusing on a GARP (Growth At a Reasonable Price) investment approach [1] - The intention is to apply both GARP and Value Investing strategies in future reports on Stocks and ETFs, tailored to specific industries and business cycle stages [1] Group 1 - The individual is an MBA student at IIM Indore, which ranks in the Financial Times Top 100 Schools for MBA/MiM [1] - The student cleared CFA Level 1 in May 2023 and plans to take CFA Level 2 in November 2024 [1] - Experience includes publishing on Seeking Alpha during an internship at Que Capital, which is linked to AlmaStreet Capital LLC [1] Group 2 - The investment approach mentioned is GARP, which focuses on growth at a reasonable price [1] - Future reports will utilize both GARP and Value Investing strategies, depending on the industry and business cycle [1]