GENIUS Act passed Senate; Trump supports rapid House approval for stablecoin regulation.
Bloomberg raised altcoin ETF approval odds to 95% amid strong SEC engagement.
Fed eyes July rate cut; Ohio moves to exempt sub-$200 Bitcoin payments from tax.
A series of significant developments in U.S. crypto regulation, monetary policy, and institutional adoption are creating a bullish outlook for the altcoin market. Analysts now point to a combination of these factors for an immediate “Altseason.”
Key catalysts include the U.S. Senate’s passage of a federal stablecoin framework, signals of a potential July interest rate cut from Federal Reserve, and dramatically increased approval odds for a slew of spot altcoin ETFs
Regulatory Clarity Emerges with GENIUS Act
The U.S. Senate passed the GENIUS Act on June 17 with a 68–30 bipartisan support, establishing the first federal framework for stablecoins. The bill includes reserve audits, consumer protections, and anti-money-laundering measures for issuers. With bipartisan support, it now moves to the House of Representatives.
Meanwhile, President Donald Trump urged lawmakers to approve the bill without delay. In a …
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