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#GENIUSAct Crypto markets reacted quickly on Sunday after the US Senate took a major step toward regulating stablecoins. The upper house voted 66-32 to advance the GENIUS Act — short for Guiding and Establishing National Innovation for #US Stablecoins — moving it to the Senate floor for debate. The bill, focused on bringing legal structure to the $250 billion stablecoin market, had been stuck for months amid political concerns, including pushback over former President Donald Trump’s reported interest in crypto. But the latest vote signals lawmakers are ready to move the conversation forward — and the market noticed. Ethereum ($ETH ) led the reaction. Within just over an hour of the vote, ETH jumped 2.3%, and by the end of the day, it was up 7.61%, trading at $2,540.68. Its market cap climbed to $306.73 billion, a 7.60% rise. However, trading volume over the past 24 hours dropped by 12.70%, now at $26.99 billion. Bitcoin ($BTC ) also moved higher, gaining 2.90% in 24 hours to reach $105,376.02. The world’s largest crypto now holds a $2.09 trillion market cap, up 2.95% from the previous day. Its 24-hour trading volume dropped slightly to $55.66 billion, down 11.47%. #XRP saw a quick 2% surge within two hours after the news, though it settled down later in the day. It ended with almost a 4% daily gain, priced at $2.36. $XRP ’s market cap is now around $138.73 billion, slightly up by 3.43%, but its daily trading volume has dipped to $3.18 billion, down 15.99%. The way prices reacted shows how closely the crypto crowd is paying attention to what’s happening in Washington. Now that regulation is finally moving forward, traders seem more hopeful that clearer rules might actually be on the way
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#SaylorBTCPurchase MicroStrategy’s CEO, Michael Saylor, just scooped up $780 million more in Bitcoin! His company now holds over 214,000 BTC – yeah, that’s billions! Why does this matter? Biggest corporate BTC holder Saylor never sells – just keeps stacking! Massive confidence in Bitcoin’s future Some think this will send BTC flying. Others? Just another flex from the Ultimate Bitcoin Maxi.
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#MyEOSTrade After a long experience in the crypto world, I finally decided to try the EOS Trade platform, and it was one of the best decisions! Ease of use, low fees, and amazing execution speed for trades. Whether you're a beginner or a professional, I recommend you try it for yourself. This was #MyEOSTrade share your experiences with me!
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Get 2000 claim now and try your luck
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#Ethereum According to Odaily, on-chain data platform Santiment has reported that the supply of Ethereum (ETH) on exchanges has dropped to 4.9% of its total supply, marking a 10-year low. Meanwhile, Bitcoin (BTC) exchange supply has decreased to 7.1%, the lowest level since November 2018. Over the past five years, the amount of BTC on exchanges has reduced by 1.7 million, while ETH has seen a decrease of 15.3 million.
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Latest News
Bitcoin News: Bitcoin Futures Open Interest Reaches Record $72 Billion Amid Institutional Demand
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Ethereum Spot ETFs See Continued Inflows, Total Assets Reach $8.7 Billion
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Binance to Delist Three Spot Trading Pairs and Terminate Bot Services
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Ethereum Co-Founder Proposes Significant Increase in Gas Limit
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Bitcoin's Potential Surge to $200,000 Driven by U.S. Treasury Policies
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