🗞️ Crypto News Recap – July 2–3, 2025

Here’s what’s shaping the markets and the industry 👇

🏛️ Regulation & Stablecoins

🇺🇸 GENIUS Act momentum grows as major crypto firms apply for trust bank charters.

🔹 Circle, Ripple, and BitGo seek federal licenses to issue stablecoins + offer custody (Barron's).

🧾 Treasury Secretary Bessent says the market will choose regulated stablecoins over CBDCs “all day, every day” (CryptoRank).

📉 J.P. Morgan Trims Stablecoin Growth Forecast

The bank revised its 2028 stablecoin market cap estimate to $500B, down from $1T.

Cites limited use cases outside trading/DeFi

Still optimistic on long-term infrastructure (Reuters).

🏦 Coinbase Makes a Move

💼 Coinbase acquires Liquifi, betting on smoother U.S. regulation and tools for compliant token launches (Axios).

📈 Market & Stock Sentiment

Coinbase (COIN) hits new target after ETF & stablecoin progress — analysts raise price expectations by 65%.

Circle (CRCL) soars +53% after Senate passage of the stablecoin bill (Investors.com).

🧭 Summary:
Major crypto firms are moving into traditional finance

U.S. policy is leaning pro-stablecoin

Institutional access is expanding

The market is reacting positively

🔔 Stay informed. Stay positioned.

#CryptoNews #coinbase #Ripple #Binance #Regulation