BIG CRYPTO NEWS! CLARITY ACT GETS MORE SUPPORT! BITCOIN RALLIES & ONDO BLACKROCK TOKENIZATION!

July 6, 2026

AI Summary

5 min read

Bitcoin was trading at $63,548 at the time of recording, and host Tony Edward described the move as a "relief rally" following oversold conditions and extreme fear sentiment. He pointed to a bullish divergence forming on the weekly chart — where the RSI is ascending while price is descending — as a signal that the majority of the bear market downside may be complete. But he cautioned that the divergence can play out over months, and Bitcoin could still flush down to the low $50,000s before a sustained move higher. A short-term rally to $70,000 is possible before a potential rollover. Edward said he is personally accumulating coins like XRP and Canton Network, and noted that USDT stablecoin dominance is forming a bearish divergence, which he sees as a confirming signal. Bitcoin ETFs also saw a $221 million inflow, ending a 10-day selling streak.

Clarity Act: Law Enforcement Shifts, but Ethics Concerns Mount

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What you'll learn

1 (01:04) **Episode Introduction & Bitcoin Price Rally** - Host Tony Edward welcomes listeners and notes Bitcoin is at $63,548, calling it a relief rally after oversold conditions and extreme fear sentiment.
2 (04:16) **US Treasury Launches Trump Account for Newborns** - Host highlights the new program giving every newborn a $1,000 account, with tax benefits and potential future crypto exposure.
3 (05:52) **Clarity Act Gains Support; Sheriffs Shift to Neutral** - The National Organization of Black Law Enforcement Executives (NOBLE) endorsed the Clarity Act, and the Major County Sheriffs of America shifted from anti to neutral.
4 (09:01) **Ethics Concerns: Trump’s Crypto Holdings & Meme Coin Ban Proposal** - Host warns that disclosure of Donald Trump’s crypto profits creates bad optics for the Clarity Act, giving Democrats ammunition.
5 (11:45) **Ondo Finance Launches SEC-Aligned Tokenized Stocks with BlackRock** - Ondo Finance debuts blockchain-based versions of BlackRock’s iShares Core S&P 500 ETF and Micron Technology shares, issued on Ethereum via OASIS Pro TA.
6 (13:18) **Tokenization’s Next Use Case: Personalized Portfolios** - New York Life Investment executive Thomas Sai says blockchain enables complex, customized portfolio construction not possible in traditional finance.
7 (15:02) **Sponsor Segment: iTrust Capital** - Host promotes investing in crypto and precious metals via an IRA for tax advantages, with low fees and 24/7 trading.

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Show Notes

Crypto News: The Major County Sheriffs of America (MCSA) has shifted to a “neutral” position on the Clarity Act after being against it. Bitcoin rallies to over $63,000. Ondo Finance debuts SEC-aligned tokenized stock model with BlackRock ETF, Micron shares.
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⏰ Time Stamps ⏰
00:00 Intro
00:38 Bitcoin analysis
03:17 Trump accounts crypto
04:52 Clarity Act news
08:03 US Senator memecoin ban
09:43 Ondo Finance Tokenized BlackRock ETF
11:21 Tokenization custom portfolios
14:44 eToro DeFi
16:17 Stablecoin news OUSD & Russia
18:33 South Africa Crypto tax legislation =================================================
#Crypto #Bitcoin #ClarityAct #CryptoNews #Cryptocurrency #BTC #BitcoinNews #ETF #News #Ripple #XRP #XRPNews #RippleXRP #Ethereum #EthereumNews #ETH #Solana #money #investing #trading #Altcoin #Altcoins #NFTs #Metavers