šļø Trending Crypto News Now:
ā¢ U.S. DOJ Seizes Record $225āÆMillion in Crypto: Federal law enforcement filed to seize more than $225āÆmillion associated with crypto investment fraudsārepresenting the highest U.S. Secret Service crypto seizure to date. The money is attributed to "pig butchering" bogus investment schemes against American victims.
ā¢ Trump Calls for Fast-Track for Stablecoin Regulation: Former President Trump is urging lawmakers to promptly pass and send the GENIUS stablecoin bill to his desk "ASAP." He promotes it as essential for U.S. leadership in digital assets.
ā¢ Iran's Nobitex Hit by $90āÆM Pro-Israel Hack: Iran's Nobitex exchange lost more than $90āÆmillion in crypto after a politically driven hack by group "Predatory Sparrow." The stolen funds, according to reports, were "burned" and inaccessible.
ā¢ XRP in Long-Term Consolidation: Analysts Eye Potential Breakout: XRP's been consolidating for almost 200 days. Some bullish estimates predict it might spike as high as $3.70 and possibly as high as $25, although analysts also see lower possibilitiesāa traditional high-risk, high-reward situation.
ā¢ Toncoin (TON) Down 3.1%, Testing Recovery Zone: Toncoin fell around 3.1%, falling below important support at around $2.92. But buying pressure at $2.87 could shore it up, with upside resistance at $2.99.
š§ Market Snapshot & Context:
ā¢ Wider crypto markets remain stressed against macro headwinds of Middle East geopolitical tensions, higher oil prices, reg lag, and liquidations. Overall market cap decreased around 6% to ~$3.35āÆtrillion.
ā¢ Upside is seen in strong flows into Bitcoin ETFsāBitwise alone processed $83āÆmillion last weekāand increasing institutional appetite as the GENIUS Act approaches Senate passage.
š What to Watch Today:
ā¢ Stablecoin regulation development and House vote timingācan have a substantial impact on regulatory clarity.
ā¢ Hack fallout at Nobitex: explore asset retrieval, possible ripple effects at Middle East-related exchanges.
ā¢ Altcoin volatility: Monitor XRP for any breakout of its long range; TON for bounce from recovery or deepening dip.
#GENIUSActPass #CryptoStocks #DAOBaseAIBinanceTGE #FOMCMeeting #IsraelIranConflict 
