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On May 19, 2025, the Senate advanced a bipartisan bill to regulate stablecoins—cryptocurrencies pegged to assets like the U.S. dollar—with a 66-32 vote. The legislation represents a major move toward creating a regulatory framework for the crypto industry and has the backing of President Trump and lawmakers from both parties. However, critics warn the bill could open the door to corruption and conflicts of interest.
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The Trump family is deepening its involvement in the cryptocurrency space. Eric Trump’s company, American Bitcoin, a Bitcoin mining firm, has announced plans to go public through a merger on the Nasdaq. The family is also supporting World Liberty Financial and the $TRUMP memecoin, prompting concerns over potential conflicts of interest. Meanwhile, GD Culture Group—a firm with ties to China—intends to invest $300 million in the $TRUMP token. $BTC
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#WIF is on fire! $WIF/USDT is surging with over 27% gains today, fueled by strong bullish momentum. A spike in trading volume and positive market sentiment suggest a potential breakout ahead. Keep an eye on this move! Buy $WIF and start trading now: 👇🏻 $WIF
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Texas Senate Bill SB 21, introduced by Senator Charles Schwertner, calls for the creation of a state-managed Bitcoin reserve. The bill would permit investments in cryptocurrencies with a market capitalization exceeding $500 billion—a threshold currently met only by Bitcoin. If signed into law by Governor Greg Abbott, Texas would become the second U.S. state to establish a crypto reserve.
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China’s stock market is skyrocketing! Next up: the crypto market! #Markets #Crypto #BullRun #Investing #CryptoNews
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