🇺🇸 Congress Is All-In On Crypto: Major Wins Incoming!

Stablecoin and Crypto legislation are getting close to becoming law, and Congress is fully on board.

Jul 06, 2025

Hey Thinkers 💡

Congress is Hosting Crypto Week! 🇺🇸🚀
The U.S. House Financial Services Committee has officially declared July 14–18 as Crypto Week.

In a major announcement posted on X, House Financial Services Committee Chairman French Hill, House Agriculture Committee Chairman Glenn "GT" Thompson, and House Leadership stated that the week will be dedicated to advancing key crypto legislation:

CLARITY Act (Crypto Market Structure)
Anti-CBDC Surveillance State Act
GENIUS Act (Stablecoins)

This is a pivotal moment for the U.S. crypto industry. If all goes well, we could see:

✅ The GENIUS Act passed and sent to President Trump for signature
✅ The CLARITY Act approved by the House and headed to the Senate

If you recall, White House Crypto Czar David Sacks recently outlined the timeline for the CLARITY Act:

📜 Bill introduced before the August recess
🛠️ Mark-up during the first week of September
✅ Final vote by the end of September

This marks the final stretch of U.S. crypto legislation and could perfectly align with the final phase of the crypto bull market—as macroeconomic, legislative, on-chain, and chart signals all converge.

🔍 Major Headlines This Week

🇩🇪 Deutsche Bank Enters Crypto Custody
Germany’s largest bank, Deutsche Bank, is set to debut a crypto custody service in 2025. The bank is partnering with Bitpanda to bring this solution to life—a big step toward institutional adoption in Europe.

🦊 Robinhood Goes All-In on Crypto
Robinhood is making bold moves:

Launching its own Layer-2 blockchain using Arbitrum tech, focused on tokenized assets and 24/7 trading
Tokenized stock trading now live in Europe, offering access to 200+ U.S. stocks and ETFs
Perpetual futures coming to European users via its Bitstamp acquisition
Crypto staking now available in the U.S., starting with Ethereum and Solana

📈 When Will Bitcoin Move?

Crypto investors are watching Bitcoin closely, waiting for a breakout above $112,000 to enter price discovery mode and trigger the next leg of the bull run.

Analyst Rekt Capital noted:

“Despite Daily Closing beneath the black diagonal, Bitcoin never really turned it into resistance… Bitcoin is now once again positioned above the key trendline. Needs a Daily Close above $108,500 to solidify steps toward a reclaim.”

Key technical and macro indicators show BTC still has room to run:

Global liquidity continues to rise (with a typical 2–3 month lag in crypto performance)
Elliot Wave theory suggests we’re in the macro 5th wave for the total market cap. And the Fibonacci targets show we’re far from the key 4.236 extension level

Reminder: This phase is all about patience and volatility. As Bitcoin moves higher, capital will rotate into altcoins, potentially kicking off the true altseason that many have been anticipating.

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