#美国加密周 Capitol Hill in Washington is brightly lit, and a political battle determining the fate of 130,000 liquidated traders and the future of cryptocurrency is unfolding.
A bloody storm sweeps across the crypto circle! Just yesterday, the GENIUS bill, strongly pushed by Trump, suffered a 'defection' attack from 13 Republicans, and the procedural vote ended in a crushing defeat of 196:223. Bitcoin fell 5% in response, instantly breaking through the $116,000 defense line, with over 130,000 liquidations across the network, $493 million evaporated—Coinbase and Circle's stock prices collectively plummeted, and the market fear index soared to a yearly peak.
However, as the midnight bell tolls, Trump suddenly drops a nuclear-level declaration on Truth Social: 'I have reached a historic agreement with 11 key congressmen in the Oval Office; vote to support the GENIUS bill tomorrow morning!'. The House responds quickly, announcing that the ultimate procedural vote will begin at 00:20 Beijing time on the 17th, and if passed, debate and final voting will commence immediately!
Trump himself is also rallying for 'Crypto Week' on his 'Truth Social' platform, portraying it as a key step for the U.S. to become the 'undisputed, number one leader' in the digital asset space. He calls on all Republican congressmen to vote in favor, firmly believing that 'the GENIUS bill will make our great nation lead China, Europe, and all other countries by light-years; they are endlessly trying to catch up, but simply cannot.
Political gamble, Trump's desperate counterattack
The center of this legislative storm—the GENIUS bill—is no longer an ordinary regulatory framework, but a strategic weapon binding Trump's dollar hegemony with the future of crypto. Although the Senate passed the bill with a high vote of 68:30 on June 18, it encountered a hardline ambush in the House of Representatives.
Georgia congresswoman Marjorie Taylor Greene leads a rebellion, angrily denouncing the bill as a 'betrayal of Trump's executive order banning CBDCs', demanding a bundled vote on the anti-CBDC bill. 13 Republicans defect, turning Trump's roaring command on Truth Social into a laughingstock—this is the most brutal internal betrayal faced by the president in 2025!
In a critical moment, Trump displayed his political beast instincts. Last night he urgently summoned 11 of the 12 key congressmen to the White House, coercing and tempting them to reach a secret deal. Speaker Johnson quickly adjusted the agenda, compressing the originally planned three-day agenda into a 24-hour lightning battle. At this moment, the corridors of Capitol Hill are filled with the smell of gunpowder: if the vote fails again this morning, Trump's 'crypto president' persona will completely collapse.
The life-and-death chess game behind the dollar hegemony in the bill
Why is the GENIUS bill worth the president risking everything personally? The answer lies in the abyss of $36.2 trillion in U.S. debt! The bill mandates stablecoin issuers to hold 100% cash reserves or short-term U.S. bonds maturing in 93 days, which is the ultimate weapon to save the U.S. debt crisis.
Treasury Secretary Basant has long indicated: stablecoins will create a $2 trillion demand for U.S. debt, filling the giant pit left by China and Japan's sell-offs! Tether's data reveals an astonishing truth: for every 1% increase in its market share, the yield on one-month U.S. Treasury bonds drops by 3.8 basis points, saving the U.S. $15 billion in interest annually.
Even harsher is the new blueprint for dollar colonialism—when global users pay with stablecoins, funds eventually flow to the U.S. Treasury through issuers, constructing a 'chain-based U.S. debt circulation' mechanism. This is equivalent to fragmenting U.S. debt sales to 3 billion unbanked individuals worldwide, allowing dollar hegemony to be reborn in the blockchain era.
The three major bills ignite a nuclear fission in the crypto world
Don't be fooled by the name 'stablecoin', the GENIUS bill is just the opening thunder of the Republican 'Crypto Week'. The concurrently advanced CLARITY bill and anti-CBDC bill are the super variables reshaping the global financial landscape.
SEC and CFTC power shuffle: Bitcoin and Ethereum gain 'securities exemption', Coinbase can register with dual regulators, solving the century-old problem of 'one token, two sets of rules'
Legitimization of the DeFi revolution: Exempting Uniswap and other protocol developers from the 'unregistered exchange' charge, developers finally break free from legal shackles
Nuclear-level financial institutions enter the arena: Goldman Sachs and BlackRock are approved to custody crypto assets, JPMorgan accepts Bitcoin ETF-backed loans
Permanently strangling the Federal Reserve's CBDC: Defending Bitcoin against censorship narratives, privacy coins and decentralized wallets welcome explosive opportunities
The market has already voted with real money—Bitcoin surged 3.5% in a single day during the bill debate, breaking through the historical peak of $123,000; BlackRock's Bitcoin ETF absorbed $1.76 billion in a week, and 260 listed companies collectively included cryptocurrency on their balance sheets. Analysts declare: if all three bills pass, Bitcoin will violently test the $130,000-$150,000 range!
When Trump roars for the crypto bill in the Oval Office, no one dares to mention that his family-controlled World Liberty Financial company is issuing the USD1 stablecoin! Democratic congresswoman Waters blasts: 'Overseas funds are bribing the president through stablecoins'. This explains why Trump suddenly transformed from a 'crypto killer' to an industry savior—an impeccable overlap of personal interests and national strategy!
The Bank for International Settlements has sounded the alarm: unregulated stablecoins will destroy monetary sovereignty, triggering capital flight from emerging markets. More dangerously, the structure of U.S. debt is buried with risks: stablecoin businesses hold short-term government bonds, while medium- and long-term bonds account for over 70%. If long-term debt confidence collapses, a liquidity tsunami will engulf the globe.
A historic moment is: Amazon and Walmart will be permitted to issue stablecoins. Imagine the tokenization of these giants' trillion-dollar ecosystems—when corporate stablecoins face a run, they will be forced to sell U.S. debt, igniting a volcanic eruption of interest rates, and the Argentine currency crisis will replay in the U.S.
At this moment, politicians in Washington are making the final pulls for votes, while the future has already been written on the blockchain.
Regardless of whether the GENIUS bill wins or loses this morning, the Berlin Wall between traditional finance and the crypto world has already collapsed—BlackRock announces its $84 billion Bitcoin ETF management scale, MicroStrategy holds 478,000 Bitcoin in capital allocation, and Coinbase's Base chain swallows traditional settlement systems.
As Trump resolves the U.S. debt crisis through chain-based circulation, and the blood of 130,000 liquidated traders becomes the lubricant for Wall Street's entry, we will eventually awaken: this regulatory game has no justice, only the iron law of the replacement of old and new hegemonies. Only those who hold coins endure, and in the wave of dollar digitization, Bitcoin at $150,000 is just the first stop of the on-chain era.
Old Zhu summarizes:
Don't believe that Trump loves the crypto circle! He just wants to use stablecoins to fill the hole in U.S. debt!
Evidence 1: Trump's family set up a USD1 stablecoin (World Liberty Corporation), if the bill passes, he profits massively!
Evidence 2: The bill bundles a 'permanent ban on the Federal Reserve issuing digital currency CBDC', ostensibly protecting Bitcoin, but in reality fearing CBDC will snatch the meat from stablecoins!
Wall Street and politicians treat cryptocurrency like an ATM, with rises and falls being their tools to harvest profits!
Old Zhu's suggested operation guide:
Keep an eye on the vote tonight (00:20!):
Passed → Immediately increase holdings in Bitcoin, Coinbase stocks (COIN), BlackRock Bitcoin ETF (IBIT)
Fail → Short selling! Buy fear index tokens (such as BTCVIX)
Long-term ambush:
Amazon/Walmart issues stablecoins (bill allows) → Preemptively lay out the token ecosystems of these companies!
Anti-CBDC bill passed → Opportunity for privacy coins (Monero XMR, Zcash ZEC) to surge!
When Trump paints the blood of 130,000 liquidated traders as the American flag, we finally understand—there is no savior in cryptocurrency, only those who understand the rules in advance can become wealthy! Click to follow, the next wave of 10x wealth code is hidden in tonight's live stream!