Genius Act price

🔆 CRYPTO NEWS 🔆 🔸 US Senate passes GENIUS Act, a crypto stablecoin bill; to move on to the House of Representatives; bill establishes a legal framework for stablecoins and issuers. 🔸 PumpFun hires lawyers to fight lawsuit filed by Burwick Law. The X accounts of @pumpdotfun and its founder @a1lon9 have been restored. 🔸 US Fed leaves interest rates unchanged at 4.25% - 4.50%. 🔸 Nobitex (@nobitexmarket) crypto exchange exploited for ~$80M. 🔸 EigenLayer (@eigenlayer) raises $70M in OTC Sale from @a16zcrypto. 🔸 Polygon (@0xPolygon) $POL Co-founder Jordi Baylina & Polygon zkEVM team launch Zisk as an independent initiative; Baylina to remain co-founder & advisor at Polygon.

📰 News and Market Updates 📰 Just got done analyzing the recent market news and token metrics. Here's the lowdown: Bitcoin's price is down 0.35% in the last 24 hours, currently sitting at $104,728. The Czech government's survival of a no-confidence vote might have a short-term negative impact on Bitcoin's price due to regulatory scrutiny, but the overall market impact is expected to be minimal. On the other hand, the US President's push for the GENIUS stablecoin bill could lead to increased stability and adoption of stablecoins, potentially boosting investor confidence and driving growth in the crypto market. GENIUS is up 13.19% in the last 24 hours, with a current price of $0.0000023. Solana's price might surge to $200 if three key catalysts occur, including growth in tokenized real-world assets (RWAs) and a spot ETF approval. SOL is currently at $147.72, with a 24-hour price change of -0.33%. Keep an eye on this one, folks. Not watching the Czech government's drama, but watching the Solana ecosystem closely. 🐥💸

24-hour event in the crypto circle! 1 minute quick overview of the overnight market 1. Affected by Upbit's launch of the Korean won trading pair, #RAY rose by more than 28% in a short period of time, temporarily trading at $2.4; 2. U.S. stocks closed: the three major stock indexes were mixed, with #Circle up 34% and #Coinbase up 16%; 3. The Federal Reserve maintains its expectation of interest rate cuts this year unchanged and is expected to cut interest rates twice. The dot plot shows that rate cuts of 25 basis points each are expected in 2026 and 2027; 4. Powell: Tariff-driven inflation is expected to rise in the coming months; 5. a16z: The official X account was stolen for a short time, and the tokens involved and related false content were unofficially released; 6. Analysis: Pro-Israel hackers transferred $8,000+ of stolen $8,000+ funds from the Iranian exchange #Nobitex to a black hole address that cannot be recovered, which is only a political mockery and not for profit; 7. The U.S. Senate passed the stablecoin bill - "#GENIUS Act", and the follow-up process needs to be reviewed by the House of Representatives and signed by the President before it can take effect; 8. Pudgy Penguins launched the P2E game Pengu Clash on TON, and it plans to release more games in 25 years, and the next game "Pudgy Party" will be released in August; 9. JD.com has entered the stablecoin market strongly, and the CEO of JD Coin Chain: JD.com's global sales in Hong Kong and Macao will support users to use stablecoin shopping; 10. X's account was blocked, and Shaw, the founder of ai16z, said that X required a monthly payment of $50,000 in corporate licensing fees to no longer pursue it, and was considering a lawsuit; 11. The "micro-strategy effect" swept the U.S. stocks: 30 companies bought coins as reserves, and the stock price soared by 400% on average; 12. Another Crypto company plans to go public, and FalconX, a crypto broker, plans to launch an IPO in 2025 and has started preliminary negotiations.

U.S. Senate passed the GENIUS Act for stablecoin regulation (sixty-eight to thirty vote) JPMorgan launched its deposit token on Base network Ethereum whales posted largest single-day buying since twenty seventeen Coinbase developing twenty-four-seven tokenized stock trading Oil deals are being tokenized in Latin America Japan’s corporates are aggressively acquiring Bitcoin Galaxy Digital staked sixty-three million dollars in Solana VanEck’s Solana ETF hit DTCC registry; approval odds spiked to seventy-six percent Fed expected to turn dovish — adding fuel to an already re-ignited crypto rally