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#GENIUSAct President Donald Trump Officially Signs The GENIUS Act Into Law 🥳🥳🥳: What’s Next for Crypto? After passing the final House vote on Thursday, the GENIUS Act was enacted into law by President Donald Trump on Friday, July 18. The signing into law of the Genius Act was witnessed at the White House by top crypto leaders, including Tether (USDT) CEO Paolo Ardoino and Coinbase Global Inc. COIN CEO Brian Armstrong. The landmark crypto legislation will foster the development and adoption of stablecoins in the United States and globally. According to President Trump, during the signing ceremony, the GENIUS Act is a major milestone for the financial industry. #geniusactlaw #GENIUS稳定币 #altcoinseason
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#GENIUSAct Continuation of Bitcoin’s consolidation Bitcoin remains in a consolidation phase as bears thwart the bulls’ attempt to sustain the price above $120,000. BTC’s rally and the passing of three key pieces of legislation in the US House of Representatives have boosted sentiment in the cryptocurrency sector. That pushed the total cryptocurrency market capitalization to $3.85 trillion on Friday. Ether (ETH) is leading the altcoins charge higher, signaling the start of an altseason. Although sharp rallies are common during bull markets, traders should be ready for frequent pullbacks during the up move. $BTC $ETH $BNB
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#ETHBreakout3.5k Trump’s Crypto Venture Now Holds $251M in ETH The Trump family’s flagship crypto business, World Liberty Financial (WLF), has ramped up its Ethereum (ETH) accumulation, spending $3 million in USDC on July 18 to acquire an additional 861 ETH. According to Lookonchain, this latest buy brings WLF’s total ETH holdings to 70,143, worth an estimated $251 million, with over $23 million in unrealized profits.
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#AltcoinBreakout Charles Schwab sees spot bitcoin and ETH trading as ‘growth’ area Charles Schwab is planning to launch spot Bitcoin and ETH trading "sometime soon." In an interview with CNBC on Friday, CEO Rick Wurster said the wealth management and banking giant's clients want to trade crypto and that the digital asset industry represents a growth area.
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$USDC Wall Street giants bet on stablecoins 🔝🔝🔝 As crypto markets keep a close eye on Capitol Hill for movement on the GENIUS bill, legacy financial institutions are already laying the groundwork for a future where stablecoin payment rails handle trillions of dollars in client transactions. Once a niche tool used primarily by crypto traders to fund exchange accounts, stablecoins have evolved into one of the industry’s most compelling use cases. Major players like JPMorgan, Citigroup and Bank of America are now competing for a share of this growing market. #USDT #StableCoins #GENIUSBill
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Latest News
Ethereum(ETH) Surpasses 3,600 USDT with a 0.60% Increase in 24 Hours
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Cryptocurrency Market Experiences Significant Liquidations
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21Shares and Teucrium ETFs Submit Crypto Index ETF Applications to SEC
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Trump Signs GENIUS Act Banning Yield-Bearing Stablecoins
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SharpLink Gaming Increases Ethereum Holdings by 4,904 ETH
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