šŸ›ļø 1. U.S. Congress advances key crypto bills (including CLARITY & GENIUS)

The CLARITY Act (236 pages) aims to clearly define U.S. crypto regulations but faces criticism—former CFTC Chair Timothy Massad and Atlantic Council’s Carole House say it might confuse regulators more; if it stalls, the SEC and CFTC could issue rules separately .

Meanwhile, the GENIUS Act, a priority in the Senate, continues advancing. It focuses on stablecoins and draws bipartisan support—though some Democrats fret over ethical provisions after Trump-linked benefits surfaced .

āš–ļø 2. Senate scrutinizes CFTC nominee Brian Quintenz

Trump’s pick for CFTC chief, Brian Quintenz, with past ties to a16z Crypto and KalshiEx, is being questioned in Senate hearings over those industry connections.

He’s pledged to divest conflicting interests and supports legislative crypto frameworks. His confirmation may give the CFTC more clout in regulating digital assets .

šŸ“ˆ 3. Crypto markets roar back in 2025 bull run

Bitcoin has surged past $100,000, with strong institutional inflows, including major ETFs like Fidelity and iShares.

The Circle IPO shot up 170%, nearing a $20 billion valuation—citing renewed investor confidence amid a friendlier policy environment .

That said, analysts caution: focus on diversified ETFs and be wary of volatility and surviving spotcoin firms .

🌐 4. Japan’s Metaplanet raises $5.4 B for Bitcoin

As part of crypto adoption momentum, Metaplanet (Japan) has secured $5.4 billion to expand its Bitcoin acquisition plan—reflecting growing overseas institutional demand .

šŸ“Š 5. Market snapshot & altcoin trends

As of today, Bitcoin hovers near $67–70 K, while Ethereum trades around $3.6 K, with altcoins slipping overall; exceptions include Gnosis (GNO) and Injective (INJ), which saw 4–9% rallies .

Trending coins on CoinGecko: GIZA, Keeta, Plume—posting 20%, 9%, and –1.9% moves in the last 24 hrs .

šŸ“Œ Summary

Crypto’s in full bull-market mode: rallies in Bitcoin and Ethereum, catalytic IPOs, and institutional deals. But while Congress debates new regulations, scrutiny is intensifying—especially around leadership picks and lawmakers’ relations with industry. Watch the progress of CLARITY/GENIUS, the Quintenz confirmation, and global moves like Japan’s Bitcoin buying spreed.