šļø 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 criticismāformer CFTC Chair Timothy Massad and Atlantic Councilās 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 supportāthough some Democrats fret over ethical provisions after Trump-linked benefits surfaced .
āļø 2. Senate scrutinizes CFTC nominee BrianāÆQuintenz
Trumpās pick for CFTC chief, BrianāÆQuintenz, with past ties to a16z Crypto and KalshiEx, is being questioned in Senate hearings over those industry connections.
Heās pledged to divest conflicting interests and supports legislative crypto frameworks. His confirmation may give the CFTC more clout in regulating digital assets .
š 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 valuationāciting 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 .
š 4. Japanās Metaplanet raises $5.4āÆB for Bitcoin
As part of crypto adoption momentum, Metaplanet (Japan) has secured $5.4āÆbillion to expand its Bitcoin acquisition planāreflecting growing overseas institutional demand .
š 5. Market snapshot & altcoin trends
As of today, Bitcoin hovers near $67ā70āÆK, while Ethereum trades around $3.6āÆK, with altcoins slipping overall; exceptions include Gnosis (GNO) and Injective (INJ), which saw 4ā9% rallies .
Trending coins on CoinGecko: GIZA, Keeta, Plumeāposting 20%, 9%, and ā1.9% moves in the last 24āÆhrs .
š Summary
Cryptoās in full bull-market mode: rallies in Bitcoin and Ethereum, catalytic IPOs, and institutional deals. But while Congress debates new regulations, scrutiny is intensifyingāespecially around leadership picks and lawmakersā relations with industry. Watch the progress of CLARITY/GENIUS, the Quintenz confirmation, and global moves like Japanās Bitcoin buying spreed.