🚨 Breaking News: $BTC $ETH $XRP
Top Headlines You Need to Know:
1. GENIUS Act Signed Into Law
• On July 18, 2025, President Trump signed the GENIUS Act, marking the first official U.S. framework for stablecoins.
• It mandates reserve backing, monthly audits, and AML (anti-money laundering) compliance.
• Trump called it a “milestone for American leadership in global finance and crypto tech,” crowning what’s being dubbed Crypto Week.
2. Crypto Market Cap Blasts Past $4 Trillion
• Global crypto market capitalization just surpassed $4T, fueled by the GENIUS Act’s passage.
• $BTC hit a fresh all-time high near $123K, $ETH jumped 20%+ this week, trading between $3,500–$3,700, and most major altcoins are pumping.
3. More Crypto Bills Advance
• Alongside the GENIUS Act, two more bills — the Digital Asset Market Clarity Act and Anti-CBDC Surveillance State Act — cleared the House.
• These aim to provide regulatory certainty and block any Fed-issued CBDC. Both now await Senate approval.
4. Big Banks Eye Stablecoins
• Following the new legislation, banking giants like JPMorgan, Bank of America, Morgan Stanley, and Citigroup are actively exploring or preparing to issue their own stablecoins.
This could be the start of a new era for crypto — regulation, adoption, and innovation are all converging fast. 🌐📈
