Morning News Update #Web3

🌐 Ether.fi to launch on the HyperLiquid ecosystem with new beHYPE staking token.

📜 Trump signs the GENIUS Act, marking the first federal regulatory framework for stablecoins in the U.S.

💬 Tether CEO Paolo Ardoino says USDT will seek entry into the U.S. via the Act’s "foreign issuer" channel and plans a U.S.-compliant stablecoin. Despite no full audit to date, Tether pledges to meet compliance standards within 3 years.

🐋 Onchain Lens reports SharpLink Gaming added 19,084 ETH (~$67.52M) to reserves, bringing total ETH holdings to 345,158 ETH (valued at ~$1.22B).

📉 James Wynn notes rising BTC Dominance (BTC.D) is causing funds to rotate out of altcoins—"Altcoin Season" may be postponed.

#Ethereum #TRUMP #stablecoin #Tether #ETHETFsApproved #BTC #CryptoMarkets #Web3 #DeFi #USDT