✅ U.S. Senate Advances the GENIUS Act for Stablecoins The U | Tahirsindhoo on Binance Square

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✅ U.S. Senate Advances the GENIUS Act for Stablecoins
The U.S. Senate has moved forward legislation to regulate stablecoins—mandating 
1 fiat reserves, routine audits, and licensing—sparking corporate interest from banks and retailers.
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🔴 Breaking News Breaking News 🚨🚨 Iran has attacked the U.S. air base in Doha, Qatar. After Iran launched missiles, the United Arab Emirates has closed its airspace, according to Arab media. Reports are also emerging of an attack on a U.S. base in Kuwait, with sirens sounding across Kuwait. Sirens have gone off in Bahrain as well, with the public instructed to take shelter in safe locations. #IsraelIranConflict #IranUSConflict #Tahirsindhoo

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✅ Circle’s IPO Fires Stablecoin Optimism Circle’s June IPO saw its stock surge ~80%, reinforcing stablecoins as a backbone for cross-border payments and catching Wall Street’s attention. #CirclelPO #MarketPullback #Tahirsindhoo

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✅ $60B Bitcoin Bet Grows: Strategy Buys 245 More BTC at $105.9K Each# Strategy Adds 245 BTC to $60B Bitcoin Stash, Shrugs Off Market Stagnation Even as Bitcoin trades within a narrow range, Strategy shows no signs of slowing its accumulation. In its latest move, the company purchased 245 BTC between June 16 and June 22 at an average price of $105,856 per coin, according to a June 23 Form 8-K filing with the U.S. Securities and Exchange Commission. This latest acquisition lifts Strategy’s total Bitcoin holdings to 592,345 BTC, cementing its position as the world’s largest corporate holder of the leading cryptocurrency. At current market prices, the company’s Bitcoin treasury is valued at roughly $60 billion. The Tysons Corner, Virginia-based firm spent $26 million on the purchase, paying a premium to its cumulative average acquisition price of $70,681 per BTC. The buy was funded through net proceeds from ongoing at-the-market preferred stock offerings. #BTC☀ #bitcoin #Tahirsindhoo $BTC

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✅ Pi Coin Under Pressure: 359M Tokens Now Held by Exchanges Pi Coin Faces Potential Sell-Off as Exchange Balances Surge Pi Coin, the native token of Pi Network, could be heading for increased selling pressure as a growing number of coins make their way onto crypto exchanges. Such inflows often signal that holders are preparing to offload their assets. In the past 24 hours alone, 6.5 million Pi coins have been transferred to exchange wallets. According to data from Piscan, exchanges now collectively hold over 359 million Pi coins. Gate.io and Bitget lead the pack, holding 168 million and 122 million Pi respectively, while OKX and MEXC account for the rest. Gate.io saw the biggest spike in deposits, with 2.1 million Pi added in a single day. Bitget followed closely with 1.4 million Pi deposited. OKX had mixed activity—receiving 2.2 million Pi but withdrawing 4.1 million Pi, resulting in a net loss of 1.9 million Pi from its exchange balance. Despite this flurry of activity, Pi Coin’s price has remained relatively stable. The token is down just 0.90% today, trading at $0.5302, according to CoinMarketCap. Trading volume, however, has dropped sharply—down 45% in the last 24 hours to $43.1 million. This suggests that, so far, the large inflows have not translated into major selling. The Pi Network recently marked its first 100 days since the launch of its Open Mainnet on February 20, 2025. The launch has been hailed as a milestone, enabling developers, merchants, and users to build and transact directly on the Pi blockchain. Since going live, the Mainnet has attracted over 3 million new participants, bringing the total number of users to 13 million. #pi #PiNetwork #Tahirsindhoo

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