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The Collapse of the GENIUS Act on Stablecoins: What Will Happen to Crypto in the U.S.?
The GENIUS Act – a critical stablecoin bill in the U.S. – is at risk of being scrapped after the Senate failed to pass a crucial vote. Is this the end for the crypto industry in Washington? Let's analyze in detail.
GENIUS Act: A Missed Golden Opportunity?
The U.S. crypto industry, with more political capital than ever, hopes the GENIUS Act will provide 'regulatory clarity' for stablecoins – digital assets equivalent to USD that facilitate international transactions and remittances without going through the banking system. The bill is expected to pave the way for major banks and Wall Street giants to enter the stablecoin market, bringing billions, even trillions of USD to the crypto industry. However, last week, the Senate failed to pass a crucial procedural vote, leaving the GENIUS Act in a 'vague legislative territory.'
GENIUS Act: A Missed Golden Opportunity?
The U.S. crypto industry, with more political capital than ever, hopes the GENIUS Act will provide 'regulatory clarity' for stablecoins – digital assets equivalent to USD that facilitate international transactions and remittances without going through the banking system. The bill is expected to pave the way for major banks and Wall Street giants to enter the stablecoin market, bringing billions, even trillions of USD to the crypto industry. However, last week, the Senate failed to pass a crucial procedural vote, leaving the GENIUS Act in a 'vague legislative territory.'
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Gold Reaches New Heights, Bitcoin Plummets: Is 'Digital Gold' Lost?
On March 19, 2025, gold officially set a new record above $3,047/ounce, while Bitcoin dropped nearly 3% in 24 hours to $81,967 – 25% away from its peak of $108,786. Although hailed as 'digital gold', Bitcoin is heading in the opposite direction of gold, plummeting alongside US tech stocks amid geopolitical tension and trade policies from President Trump causing confusion. What is happening with these two assets?
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Fartcoin 'Farts' Past Dogecoin: The Humorous Memecoin Rises on April Fools' Day?
On April 1, 2025, Fartcoin – the 'fart' themed memecoin on Solana – surged 22% in 24 hours, reaching $0.53 and surpassing Dogecoin (DOGE) and Official Trump token (TRUMP) on April Fools' Day. With a market cap of $500 million and liquidity in the tens of millions, Fartcoin is creating a stir. Could this be a sign of memecoin's comeback?
Fartcoin Explodes on April Fools' Day
#Fartcoin , with the slogan 'hot air soaring high', has increased nearly 22% in 24 hours, reaching a price of $0.53 and a market cap of $500 million, according to CoinGecko. Meanwhile, Dogecoin (DOGE ~0.17 USD) and Official Trump (TRUMP) only increased by 4% and 2%, respectively. Although still down 78% from its peak of $2.48 in February 2025, Fartcoin has impressively recovered 108% in the past month, from a low of $200 million in early March.
Fartcoin Explodes on April Fools' Day
#Fartcoin , with the slogan 'hot air soaring high', has increased nearly 22% in 24 hours, reaching a price of $0.53 and a market cap of $500 million, according to CoinGecko. Meanwhile, Dogecoin (DOGE ~0.17 USD) and Official Trump (TRUMP) only increased by 4% and 2%, respectively. Although still down 78% from its peak of $2.48 in February 2025, Fartcoin has impressively recovered 108% in the past month, from a low of $200 million in early March.
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Decrypt Merges with MYRIAD: A New Future for Digital Journalism?
In a breakthrough move, Decrypt has officially integrated the MYRIAD Markets platform, allowing readers to participate in live predictions on articles. This is seen as the first step in reshaping the media business model, providing a fresh and more interactive approach for readers.
Journalism Merging with Prediction Markets – What’s Happening?
📌 What is Decrypt?
Journalism Merging with Prediction Markets – What’s Happening?
📌 What is Decrypt?
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Ethereum 'Turns Off the Fire' with Lowest Burn Rate Since 2021: Worst Quarter Since 2022 Can Revive?
On 04/02/2025, Ethereum (ETH) ended a challenging Q1 with the burn rate dropping to its lowest level since August 2021, while ETH price plummeted 45%, losing $170 billion in market cap. With the shift to Layer-2 and the potential for asset tokenization, can Ethereum regain its momentum, or will it continue to sink in crisis?
ETH Burn Rate Decreases: Worst Quarter Since 2022
Ethereum, the leading altcoin, has faced a challenging Q1/2025. According to Wintermute, the ETH burn rate – a measure of the amount $ETH removed from circulation – has dropped to its lowest level since August 2021, with only 53 ETH burned per day last week. This has raised concerns in the investment community, negatively impacting ETH's market performance.
ETH Burn Rate Decreases: Worst Quarter Since 2022
Ethereum, the leading altcoin, has faced a challenging Q1/2025. According to Wintermute, the ETH burn rate – a measure of the amount $ETH removed from circulation – has dropped to its lowest level since August 2021, with only 53 ETH burned per day last week. This has raised concerns in the investment community, negatively impacting ETH's market performance.
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🔍 FBI conducts a secret cryptocurrency money laundering operation themed "Elon Musk" for nearly a year 🕵️♂️💸
👤 Main character: Anurag Pramod Murarka, 30 years old, Indian citizen – sentenced to 10 years in prison for operating a digital asset conversion network worth over 20 million dollars 💰🌍
🧑💻 Murarka used aliases like “elonmuskwhm” to trade with groups in the black market, using the hawala system to transfer money and hide cash in children’s books 📚💵📦
After being lured to the U.S. and arrested, the FBI took over the entire system, operating from a post office "the size of a warehouse" in Kentucky 🏢📦 to track the flow of money and gather information.
⏳ In nearly a year of secret operations, the FBI impersonated Murarka and prevented an additional 1.4 million dollars from being converted 💼🚫
📊 Previously, the FBI reported assisting over 4,300 victims and preventing more than 285 million dollars in losses through cryptocurrency-related fraud cases 🛡️🔗
🧠 This is an extremely special case as it shows that the FBI not only tracks but also takes over and operates complex systems to investigate and dismantle suspicious networks 👊🎯
📚 You can read more at #Decrypt
#CryptoNews
👤 Main character: Anurag Pramod Murarka, 30 years old, Indian citizen – sentenced to 10 years in prison for operating a digital asset conversion network worth over 20 million dollars 💰🌍
🧑💻 Murarka used aliases like “elonmuskwhm” to trade with groups in the black market, using the hawala system to transfer money and hide cash in children’s books 📚💵📦
After being lured to the U.S. and arrested, the FBI took over the entire system, operating from a post office "the size of a warehouse" in Kentucky 🏢📦 to track the flow of money and gather information.
⏳ In nearly a year of secret operations, the FBI impersonated Murarka and prevented an additional 1.4 million dollars from being converted 💼🚫
📊 Previously, the FBI reported assisting over 4,300 victims and preventing more than 285 million dollars in losses through cryptocurrency-related fraud cases 🛡️🔗
🧠 This is an extremely special case as it shows that the FBI not only tracks but also takes over and operates complex systems to investigate and dismantle suspicious networks 👊🎯
📚 You can read more at #Decrypt
#CryptoNews
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How Will the U.S. Store Bitcoin? Secrets from the Meeting Between the Treasury and Crypto Companies
The U.S. Treasury has held meetings with three cryptocurrency custody companies to discuss how to protect the nation's strategic Bitcoin reserves. This is an important step, showing that the U.S. government is becoming more serious about digital assets. But who will hold this massive amount of Bitcoin?
Who Is Advising the U.S. Government?
According to sources from #Decrypt , the U.S. Treasury met with Anchorage Digital – one of the leading crypto custody companies – this Monday. Anchorage CEO Nathan McCauley confirmed that government officials asked many questions about how to store Bitcoin safely, as well as the impact of custody on stablecoins and the cryptocurrency market structure.
Who Is Advising the U.S. Government?
According to sources from #Decrypt , the U.S. Treasury met with Anchorage Digital – one of the leading crypto custody companies – this Monday. Anchorage CEO Nathan McCauley confirmed that government officials asked many questions about how to store Bitcoin safely, as well as the impact of custody on stablecoins and the cryptocurrency market structure.
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Trump's “Liberation Day”: Will Bitcoin and Crypto Soar or Plunge?
On April 1, 2025, the cryptocurrency market surged ahead of U.S. President Donald Trump's tariff announcement on “Liberation Day” (April 2nd). Bitcoin reached $84,900, but analysts still worry about the impact of the trade war. Will crypto continue its upward trend or face new challenges?
Crypto Rises Ahead of Tariff Announcement
Bitcoin has risen more than 2.5% in 24 hours, reaching $84,900 and nearing the $85,000 mark – the highest since last week, according to CoinGecko. Major altcoins also increased: Ethereum (ETH ~$1,917, +4%), Dogecoin ($DOGE ~$0.17, +3%), Cardano ($ADA , +2.5%), and Solana ($SOL ~ $150). This surge occurred as investors are optimistic that Trump’s tariffs will be lighter than expected, reducing the risk of a global trade war.
Crypto Rises Ahead of Tariff Announcement
Bitcoin has risen more than 2.5% in 24 hours, reaching $84,900 and nearing the $85,000 mark – the highest since last week, according to CoinGecko. Major altcoins also increased: Ethereum (ETH ~$1,917, +4%), Dogecoin ($DOGE ~$0.17, +3%), Cardano ($ADA , +2.5%), and Solana ($SOL ~ $150). This surge occurred as investors are optimistic that Trump’s tariffs will be lighter than expected, reducing the risk of a global trade war.
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Bitcoin This Week: High Volatility, ETF Recovery, and SEC “Green” for Mining – What is Happening?
Last week (ending March 20, 2025), Bitcoin experienced “a lot of drama” but ended quietly at $84,150, nearly unchanged after 7 days. ETF inflows reversed positively, the SEC “greenlighted” Bitcoin mining, but the highest volatility in 6 months made investors anxious. Is this a sign of stability or just “calm before the storm”? Let’s explore!
Bitcoin: Up and Down, Still “Intact”
Bitcoin: Up and Down, Still “Intact”
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New Hampshire Surprises by Supporting Bitcoin: Will This State Hold BTC Like Gold?
New Hampshire has just made a new turning point by getting closer to incorporating Bitcoin into the state's financial reserves. On Wednesday, the New Hampshire House Commerce and Consumer Protection Committee overwhelmingly passed the Bitcoin Bill HB 302 with a vote of 16-1, paving the way for this state to join Utah, Texas, and Arizona in the wave of cryptocurrency acceptance.
What is New Hampshire Doing with Bitcoin?
The bill #HB302 allows the state treasurer to allocate up to 5% of public funds to Bitcoin, alongside traditional assets like gold, silver, and platinum. This means Bitcoin could be considered as an official reserve asset of the state.
What is New Hampshire Doing with Bitcoin?
The bill #HB302 allows the state treasurer to allocate up to 5% of public funds to Bitcoin, alongside traditional assets like gold, silver, and platinum. This means Bitcoin could be considered as an official reserve asset of the state.
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Chairman of the U.S. House Dashes Coinbase's Hopes: Will Stablecoins Have No Interest?
On 31/03/2025, Chairman of the House Financial Services Committee French Hill bluntly rejected Coinbase's proposal to allow interest-bearing stablecoins. As the stablecoin STABLE Act is about to be passed, will this move slow down the crypto sector's ambitions to compete with traditional banks?
Coinbase Proposes Interest-Bearing Stablecoin: Immediately Rejected
#Stablecoin – digital assets pegged to the USD – are the backbone of the crypto market, supporting tens of billions of USD in transactions each day. At Coinbase, users can currently earn 4.1% APY (annual percentage yield) from USDC – an attractive feature that can compete with traditional bank savings accounts (which have much lower interest rates). However, stablecoin bills in the U.S. House and Senate currently prohibit interest or yield payments to holders.
Coinbase Proposes Interest-Bearing Stablecoin: Immediately Rejected
#Stablecoin – digital assets pegged to the USD – are the backbone of the crypto market, supporting tens of billions of USD in transactions each day. At Coinbase, users can currently earn 4.1% APY (annual percentage yield) from USDC – an attractive feature that can compete with traditional bank savings accounts (which have much lower interest rates). However, stablecoin bills in the U.S. House and Senate currently prohibit interest or yield payments to holders.
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🔥 CZ (CEO of Binance) officially advises the Pakistan Cryptocurrency Council!
Changpeng “CZ” Zhao will support Pakistan in developing regulations, infrastructure, and education about crypto, aiming to boost investment and make the country the cryptocurrency capital of South Asia.
💬 This move comes just a few months after CZ resigned as CEO of Binance and completed a 4-month prison sentence in the U.S. Now, he is returning to Web3 with a series of new projects – including the non-profit education startup Giggle Academy.
📉 Meanwhile, foreign investment in Pakistan is declining by 45%, and crypto is seen as "a doorway of hope" for growth.
➡️ Is CZ's comeback and crypto in Pakistan about to enter a new season?
You can read more here #Decrypt
#bnb
Changpeng “CZ” Zhao will support Pakistan in developing regulations, infrastructure, and education about crypto, aiming to boost investment and make the country the cryptocurrency capital of South Asia.
💬 This move comes just a few months after CZ resigned as CEO of Binance and completed a 4-month prison sentence in the U.S. Now, he is returning to Web3 with a series of new projects – including the non-profit education startup Giggle Academy.
📉 Meanwhile, foreign investment in Pakistan is declining by 45%, and crypto is seen as "a doorway of hope" for growth.
➡️ Is CZ's comeback and crypto in Pakistan about to enter a new season?
You can read more here #Decrypt
#bnb
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Trump Unlocks 40 Million TRUMP Tokens: Will the President's Memecoin 'Pump' or 'Dump' on Solana?
The TRUMP memecoin on Solana – linked to U.S. President Donald Trump – is approaching its first token unlocking event, with 40 million TRUMP tokens (worth about $320 million) to be received by the project team on Friday, April 18, 2025. Will this event drive TRUMP's price skyward or trigger a major sell-off? Let's analyze in detail to better understand the impact of this event on the crypto market.
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