GENIUSActP
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š° Evening Update: BTC Plunges, SOL Freezes ā Stablecoins & U.S. Policy in Spotlight
Bitcoin ($BTC ) is now trading at $99,184, down a steep 3.16% todayāits lowest level since early June.
Solana (SOL) slid around 6.4%, currently at $128.91, after spiking earlier .
š Sell-Off Drivers
1. Geopolitical Flashpoint
Ongoing Middle East tensions caused ~$1.015āÆB in crypto liquidations, triggering panic selling across markets.
2. U.S. Stablecoin Law Surges
The Senate passed the GENIUS Act, imposing full-reserve requirements for stablecoin issuers. Circleās stock rallied over 500% this week in response.
3. Tetherās Treasury Role
Tether now holds close to $98.5āÆB in U.S. Treasuries, helping stabilize yield curves and provide institutional confidence.
š” My Perspective
BTC dip feels like a temporary shockāif tensions ease, expect a rebound above $100K.
SOL decline may be a rational resetāwatch $130 as a potential bottom before recovery.
Stablecoin clarity from GENIUS Act could establish long-term credibility, making regulated stablecoins foundational to global adoption.
ā Your Take:
Are you buying the dip in BTC or SOL?
Do you view stablecoin legislation as a boon or threat to cryptoās future?
Drop your strategy and thoughts below š
#bitcoin #solana #GENIUSActP #BinanceSquare
Bitcoin ($BTC ) is now trading at $99,184, down a steep 3.16% todayāits lowest level since early June.
Solana (SOL) slid around 6.4%, currently at $128.91, after spiking earlier .
š Sell-Off Drivers
1. Geopolitical Flashpoint
Ongoing Middle East tensions caused ~$1.015āÆB in crypto liquidations, triggering panic selling across markets.
2. U.S. Stablecoin Law Surges
The Senate passed the GENIUS Act, imposing full-reserve requirements for stablecoin issuers. Circleās stock rallied over 500% this week in response.
3. Tetherās Treasury Role
Tether now holds close to $98.5āÆB in U.S. Treasuries, helping stabilize yield curves and provide institutional confidence.
š” My Perspective
BTC dip feels like a temporary shockāif tensions ease, expect a rebound above $100K.
SOL decline may be a rational resetāwatch $130 as a potential bottom before recovery.
Stablecoin clarity from GENIUS Act could establish long-term credibility, making regulated stablecoins foundational to global adoption.
ā Your Take:
Are you buying the dip in BTC or SOL?
Do you view stablecoin legislation as a boon or threat to cryptoās future?
Drop your strategy and thoughts below š
#bitcoin #solana #GENIUSActP #BinanceSquare
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News Digest 19.06.2025 from Vistkar
Ukrainians will be able to have multiple passports, but the list of countries is limited by the Cabinet.
The Verkhovna Rada has adopted a law on dual citizenship in Ukraine. The decision was supported by 243 parliamentarians.
Now Ukrainian citizens will be able to have a second citizenship, but only from countries that the Cabinet of Ministers includes in a special list. Which countries these are has not yet been determined. The Cabinet will decide for itself and will be able to change the list.
The Verkhovna Rada has adopted a law on dual citizenship in Ukraine. The decision was supported by 243 parliamentarians.
Now Ukrainian citizens will be able to have a second citizenship, but only from countries that the Cabinet of Ministers includes in a special list. Which countries these are has not yet been determined. The Cabinet will decide for itself and will be able to change the list.
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