Congress Is One Yard From Sending Bitcoin Vertical
July 22, 2026
Onramp covers this Signal vs. Noise episode, where the hosts discuss the Clarity Act's rising odds of passage ahead of its early August deadline, JPMorgan CEO Jamie Dimon's warning that markets are underestimating risk, and what a bitcoin-friendly bill could mean for markets.
Signal vs Noise: Jackson Mikalic, Michael Tanguma, Liam Nelson, and Brian Cubellis debate the White House's push to ban China's Kimi K3 AI model, dissect Jamie Dimon's warning that markets underestimate risk and he wouldn't buy stocks or treasuries at these prices, unpack why the World Cup trophy's gold has surged from $150,000 to $550,000 since 2020, and weigh the Clarity Act's odds as they swing from 30% to nearly 50% ahead of its early August deadline.
Chapters
04:06 - Topic 1 - US Weighs Banning China's Kimi K3 AI Model 15:08 - Topic 2 - Jamie Dimon Won't Buy Stocks or Treasuries 22:29 - Topic 3 - The World Cup, Gambling & Inflation 29:30 - Topic 4 - Clarity Act's Ethics Language Enters the Final Stretch 37:20 - Topic 5 - Lightning Round: Signals of the Week 44:36 - Wrap-Up & Parting Thoughts
Frequently Asked Questions
What did Jamie Dimon say about the market in this episode?
As discussed on Signal vs. Noise, JPMorgan CEO Jamie Dimon said he wouldn't buy stocks or treasuries at current prices, citing his view that markets are underestimating risk (15:08).
What are the odds the Clarity Act passes, according to the show?
The hosts of Signal vs. Noise note that market odds on the Clarity Act have moved from roughly 30% to nearly 50% ahead of its early August deadline (29:30).
Why do the hosts bring up the World Cup trophy's gold value?
Signal vs. Noise points out that the gold in the World Cup trophy has risen in value from about $150,000 to $550,000 since 2020, using it to illustrate broader inflation trends (22:29).
This episode is editorial and educational content. Onramp does not provide tax, legal, or investment advice. Bitcoin is volatile and may lose value. Past performance does not guarantee future results.