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GENIUS

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Donald Trump: The administration will work on establishing "clear and simple" cryptocurrency frameworksUS President Donald Trump once again praised his experience in the field of cryptocurrencies during a conference held on Thursday, announcing to the audience that it is a "great honor" to be seen as the president of cryptocurrencies. In a recorded 90-second video during the "State of Cryptocurrency" summit organized by Coinbase (COIN) (unrelated to the news outlet CoinDesk of the same name), Trump reiterated his statements made at other events about ending what he called his predecessor's war on cryptocurrencies and forming a task force to study digital assets.

Donald Trump: The administration will work on establishing "clear and simple" cryptocurrency frameworks

US President Donald Trump once again praised his experience in the field of cryptocurrencies during a conference held on Thursday, announcing to the audience that it is a "great honor" to be seen as the president of cryptocurrencies.
In a recorded 90-second video during the "State of Cryptocurrency" summit organized by Coinbase (COIN) (unrelated to the news outlet CoinDesk of the same name), Trump reiterated his statements made at other events about ending what he called his predecessor's war on cryptocurrencies and forming a task force to study digital assets.
Morning News Update #Web3 📉 Traders are increasing bets on a Fed rate cut in September as macro signals soften. 🚫 Multiple crypto KOLs and project X accounts have been suspended unexpectedly — reason still unclear. 🏦 #Plasma to reopen $500M in deposit capacity, raising total cap to $1B. 📜 U.S. Senate passes the #GENIUS , marking major progress in crypto legislation. 💼 Payments giant #Stripe acquires crypto wallet provider #Privy — deepening its Web3
Morning News Update #Web3

📉 Traders are increasing bets on a Fed rate cut in September as macro signals soften.

🚫 Multiple crypto KOLs and project X accounts have been suspended unexpectedly — reason still unclear.

🏦 #Plasma to reopen $500M in deposit capacity, raising total cap to $1B.

📜 U.S. Senate passes the #GENIUS , marking major progress in crypto legislation.

💼 Payments giant #Stripe acquires crypto wallet provider #Privy — deepening its Web3
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🪙 The US Senate approved bill #GENIUS , regulating the stablecoin market — the final vote is scheduled for Monday. The bill requires stablecoins to be fully backed by US dollars or similar liquid assets and provides for annual audits of issuers with a market capitalization of over $50 billion.$USD1 {spot}(USD1USDT) #USD1
🪙 The US Senate approved bill #GENIUS , regulating the stablecoin market — the final vote is scheduled for Monday.
The bill requires stablecoins to be fully backed by US dollars or similar liquid assets and provides for annual audits of issuers with a market capitalization of over $50 billion.$USD1
#USD1
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Plasma Causes a Sensation with $500 Million in ICO: Is the "Frenzy" of 2017 Making a Comeback?The cryptocurrency market is witnessing a noteworthy phenomenon as Plasma, a stablecoin network backed by Bitcoin, has attracted $500 million in deposits in just minutes for its upcoming token sale. Even more astonishing, a trader spent as much as $100,000 in Ethereum gas fees to ensure their $10 million deposit in USDC was successfully executed. The traders' enthusiasm for this public sale has led many to believe that the "frenzy" #ICO (Initial Coin Offering) from 2017 is making a comeback. ICOs were the hot trend of 2017 but gradually faded due to a slew of project failures and increasing regulatory scrutiny.

Plasma Causes a Sensation with $500 Million in ICO: Is the "Frenzy" of 2017 Making a Comeback?

The cryptocurrency market is witnessing a noteworthy phenomenon as Plasma, a stablecoin network backed by Bitcoin, has attracted $500 million in deposits in just minutes for its upcoming token sale. Even more astonishing, a trader spent as much as $100,000 in Ethereum gas fees to ensure their $10 million deposit in USDC was successfully executed.
The traders' enthusiasm for this public sale has led many to believe that the "frenzy" #ICO (Initial Coin Offering) from 2017 is making a comeback. ICOs were the hot trend of 2017 but gradually faded due to a slew of project failures and increasing regulatory scrutiny.
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#GENIUS The US Senate will vote on the GENIUS stablecoin bill this Wednesday The law provides for: 🔵Full backing of stablecoins by the US dollar or liquid assets. 🔵Annual audits for issuers with a market capitalization over $50 billion. 🔵Foreign issuers must comply with US legal requirements, such as freezing assets related to crimes.
#GENIUS
The US Senate will vote on the GENIUS stablecoin bill this Wednesday

The law provides for:

🔵Full backing of stablecoins by the US dollar or liquid assets.

🔵Annual audits for issuers with a market capitalization over $50 billion.

🔵Foreign issuers must comply with US legal requirements, such as freezing assets related to crimes.
Math Puzzle | IQ Test | Only for Genius solve if you are genius math quiz math puzzle math riddles quizzes answer if you are genius puzzle quizzes and puzzles puzzles and quizzes reasoning puzzle nityam study centre quiz time quick math quiz brain teasers brain teasers with answers reasoning questions riddles and brain teasers with answers riddles 99% people failed to solve this puzzle math puzzle brainTest only for genius #mathspuzzle #genius #Write2Earn
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The 'Genius' Act Set to Vote: How Will Stablecoins Change the Crypto Landscape?On Thursday this week, March 13, 2025, the U.S. Senate Banking Committee will vote on the GENIUS Act—a bipartisan bill aimed at establishing a clear legal framework for stablecoins, focusing on reserve requirements, auditing, and licensing. Led by Senators Bill Hagerty (R-TN) and Tim Scott (R-SC), this bill not only protects users but also promotes President Donald Trump's crypto policy, aiming to make the U.S. the 'crypto capital of the world.' But how will it affect the cryptocurrency market?

The 'Genius' Act Set to Vote: How Will Stablecoins Change the Crypto Landscape?

On Thursday this week, March 13, 2025, the U.S. Senate Banking Committee will vote on the GENIUS Act—a bipartisan bill aimed at establishing a clear legal framework for stablecoins, focusing on reserve requirements, auditing, and licensing. Led by Senators Bill Hagerty (R-TN) and Tim Scott (R-SC), this bill not only protects users but also promotes President Donald Trump's crypto policy, aiming to make the U.S. the 'crypto capital of the world.' But how will it affect the cryptocurrency market?
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This week's macro events and key forecasts for the crypto market are as follows: #solana will host the #accelerate 2025 crypto summit from May 19 to 23; May 20: The Mayor of New York City will advance the cryptocurrency plan before the crypto summit; May 22: The #TRUMP dinner will be held on May 22, and the next phase plan for the token will be announced that day; CoinAnk data shows that many Federal Reserve officials will speak during the period from Monday to Friday. The core variables of the crypto market this week focus on two dimensions: policy regulation and political games, while also paying attention to the interaction between the technical ecosystem and macro liquidity. The Senate's vote on the "#GENIUS Bill" on May 19 may become a watershed moment for the stablecoin market. This bill requires issuers to hold 100% reserves of highly liquid assets and mandates annual audits for projects with a market cap exceeding $50 billion. Although this move may enhance market transparency and institutional participation, it might also stifle innovation space for small and medium-sized stablecoins. If the bill passes, the compliant and low-cost USDC may benefit, while the USDT, whose reserve transparency is in doubt, will face pressure. The Mayor of New York City's push to advance crypto plans resonates with Trump's dinner policy narrative. New York City is attracting crypto companies through public-private partnerships, which may stimulate regional market activity; meanwhile, Trump announcing a token plan during the dinner continues his advocacy for a "crypto strategic reserve," potentially driving short-term speculation on the meme token TRUMP tied to personal IP. However, caution is needed for the policy reversal risks brought by political cycle fluctuations. On the technical ecosystem front, the Solana summit and the launch of the Sahara AI testnet may boost market attention on high-performance public chains. If Solana announces an ecosystem support plan during the summit, it may alleviate the recent downturn in trading volume; the Sahara AI testnet marks a new stage in the integration of #AI + blockchain, potentially attracting institutional funds. In terms of macro liquidity, the intensive speeches by Federal Reserve officials may reinforce market expectations for the interest rate path. Current CME data shows that the probability of a rate cut in June is only 11.6%; if officials release hawkish signals, it may suppress the crypto market's risk appetite, leading funds to migrate towards stablecoins and other safe-haven assets. However, if the dollar index weakens due to easing rate cut expectations, it may trigger a safe-haven linkage effect between Bitcoin and gold.
This week's macro events and key forecasts for the crypto market are as follows:
#solana will host the #accelerate 2025 crypto summit from May 19 to 23;
May 20: The Mayor of New York City will advance the cryptocurrency plan before the crypto summit;
May 22: The #TRUMP dinner will be held on May 22, and the next phase plan for the token will be announced that day;
CoinAnk data shows that many Federal Reserve officials will speak during the period from Monday to Friday.

The core variables of the crypto market this week focus on two dimensions: policy regulation and political games, while also paying attention to the interaction between the technical ecosystem and macro liquidity. The Senate's vote on the "#GENIUS Bill" on May 19 may become a watershed moment for the stablecoin market. This bill requires issuers to hold 100% reserves of highly liquid assets and mandates annual audits for projects with a market cap exceeding $50 billion. Although this move may enhance market transparency and institutional participation, it might also stifle innovation space for small and medium-sized stablecoins. If the bill passes, the compliant and low-cost USDC may benefit, while the USDT, whose reserve transparency is in doubt, will face pressure.
The Mayor of New York City's push to advance crypto plans resonates with Trump's dinner policy narrative. New York City is attracting crypto companies through public-private partnerships, which may stimulate regional market activity; meanwhile, Trump announcing a token plan during the dinner continues his advocacy for a "crypto strategic reserve," potentially driving short-term speculation on the meme token TRUMP tied to personal IP. However, caution is needed for the policy reversal risks brought by political cycle fluctuations.
On the technical ecosystem front, the Solana summit and the launch of the Sahara AI testnet may boost market attention on high-performance public chains. If Solana announces an ecosystem support plan during the summit, it may alleviate the recent downturn in trading volume; the Sahara AI testnet marks a new stage in the integration of #AI + blockchain, potentially attracting institutional funds.
In terms of macro liquidity, the intensive speeches by Federal Reserve officials may reinforce market expectations for the interest rate path. Current CME data shows that the probability of a rate cut in June is only 11.6%; if officials release hawkish signals, it may suppress the crypto market's risk appetite, leading funds to migrate towards stablecoins and other safe-haven assets. However, if the dollar index weakens due to easing rate cut expectations, it may trigger a safe-haven linkage effect between Bitcoin and gold.
🚨#GENIUS Stablecoin Act Clears 🇺🇸U.S. Senate Hurdle with Bipartisan Support 🔹Senate passed cloture motion to begin formal review of #GENIUSAct 🔹At least 15 Democrats, including Schiff and Warner, backed the motion. 🔹Bill enters comprehensive review phase for potential regulation of stablecoins. --- $BTC $ETH {spot}(ETHUSDT)
🚨#GENIUS Stablecoin Act Clears 🇺🇸U.S. Senate Hurdle with Bipartisan Support

🔹Senate passed cloture motion to begin formal review of #GENIUSAct

🔹At least 15 Democrats, including Schiff and Warner, backed the motion.

🔹Bill enters comprehensive review phase for potential regulation of stablecoins.
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$BTC $ETH
Ek San
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🚨🇺🇸SENATE SET TO DEBATE #GENIUSACT #TODAY AT 3PM EST

🔹GENIUS Act targets stablecoin innovation and regulation.

🔹Senate floor proceedings begin at 3PM EST.

🔹Vote not guaranteed today, but sources say support is strong.

Full text and updates at congress.gov.
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⚖️ The law #GENIUS could transform cryptocurrency regulation. The U.S. Senate is about to vote on law #GENIUS , which aims to establish a clear framework for stablecoins and other digital assets. {spot}(USDCUSDT) This legislation could increase trust in the market, but it also generates debates about the balance between regulation and freedom in the crypto sector. 🏛️
⚖️ The law #GENIUS could transform cryptocurrency regulation. The U.S. Senate is about to vote on law #GENIUS , which aims to establish a clear framework for stablecoins and other digital assets.
This legislation could increase trust in the market, but it also generates debates about the balance between regulation and freedom in the crypto sector. 🏛️
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🔥🇺🇸 GENIUS or GENI-ACH? The US Senate is preparing for a stablecoin revolution… or the farce of the year? 💥💵While the world thinks that the US is still fighting for democracy, they are secretly pushing through the stablecoin law under the code name GENIUS (no, this is not Musk's pseudonym, and not a new meme coin from TikTok). According to FOX Business reporter Eleanor Terrett, while they are publicly drumming up support for a Pentagon official's vote, the real show is happening behind the scenes — Republicans want to quietly push this law through without unnecessary noise and procedural 'dances with tambourines'.

🔥🇺🇸 GENIUS or GENI-ACH? The US Senate is preparing for a stablecoin revolution… or the farce of the year? 💥💵

While the world thinks that the US is still fighting for democracy, they are secretly pushing through the stablecoin law under the code name GENIUS (no, this is not Musk's pseudonym, and not a new meme coin from TikTok). According to FOX Business reporter Eleanor Terrett, while they are publicly drumming up support for a Pentagon official's vote, the real show is happening behind the scenes — Republicans want to quietly push this law through without unnecessary noise and procedural 'dances with tambourines'.
See original
China's Quiet Sale of Bitcoin: A Surprising Move Amid Crypto Ban and Budget CrisisWhile the global cryptocurrency market continues to grow and some countries like the US are starting to integrate crypto into their economic strategies, China is following a contradictory path: banning domestic crypto transactions while quietly selling Bitcoin to patch the public budget. Selling Bitcoin quietly: A stopgap solution amid the economic crisis Since 2019, China has officially banned all domestic crypto trading activities. However, according to #Reuters , local governments are currently authorizing private companies to sell seized Bitcoin in the international market. This action is primarily aimed at addressing the public budget deficit caused by the slowing economic growth.

China's Quiet Sale of Bitcoin: A Surprising Move Amid Crypto Ban and Budget Crisis

While the global cryptocurrency market continues to grow and some countries like the US are starting to integrate crypto into their economic strategies, China is following a contradictory path: banning domestic crypto transactions while quietly selling Bitcoin to patch the public budget.

Selling Bitcoin quietly: A stopgap solution amid the economic crisis

Since 2019, China has officially banned all domestic crypto trading activities. However, according to #Reuters , local governments are currently authorizing private companies to sell seized Bitcoin in the international market. This action is primarily aimed at addressing the public budget deficit caused by the slowing economic growth.
#GENIUSAct Big changes are happening in education, and it's time we pay attention. The #GENIUSAct is about Giving Every Neurodivergent Individual Unconditional Support—a movement to ensure students with ADHD, autism, dyslexia, and other learning differences get the resources, accommodations, and respect they deserve in schools. Support the #GENIUSAct . Speak up. Share this. Be part of the change.While the bill recently faced a procedural setback in the Senate, bipartisan negotiations are ongoing. Lawmakers are reportedly working toward consensus with the goal of revisiting the bill before the Memorial Day recess. The outcome of the #GENIUS Act will have significant implications for the future of stablecoins and broader digital asset adoption in the U.S.
#GENIUSAct

Big changes are happening in education, and it's time we pay attention.

The #GENIUSAct is about Giving Every Neurodivergent Individual Unconditional Support—a movement to ensure students with ADHD, autism, dyslexia, and other learning differences get the resources, accommodations, and respect they deserve in schools.

Support the #GENIUSAct . Speak up. Share this. Be part of the change.While the bill recently faced a procedural setback in the Senate, bipartisan negotiations are ongoing. Lawmakers are reportedly working toward consensus with the goal of revisiting the bill before the Memorial Day recess.

The outcome of the #GENIUS Act will have significant implications for the future of stablecoins and broader digital asset adoption in the U.S.
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Bullish
Midday News Update #Web3 🪙 a16z partner clarifies no link to $A16ZE — token's market cap plummeted from millions to under $1M overnight. 🎯 Multicoin Capital co-founder criticizes Ethereum Foundation restructuring: “lack of focus, conflicting goals.” 📉 Reuters reports #Coinbase data breach traced to Indian contractor involvement. 🐋 ETH ICO whale moved 617 $ETH to Kraken 4 hours ago — total 4,620 ETH sold in past 2 weeks. 🏛️ U.S. Senate may vote on #GENIUS stablecoin bill as early as June 9.
Midday News Update #Web3

🪙 a16z partner clarifies no link to $A16ZE — token's market cap plummeted from millions to under $1M overnight.

🎯 Multicoin Capital co-founder criticizes Ethereum Foundation restructuring: “lack of focus, conflicting goals.”

📉 Reuters reports #Coinbase data breach traced to Indian contractor involvement.

🐋 ETH ICO whale moved 617 $ETH to Kraken 4 hours ago — total 4,620 ETH sold in past 2 weeks.

🏛️ U.S. Senate may vote on #GENIUS stablecoin bill as early as June 9.
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