On July 19, data showed that today's crypto fear and greed index slightly rose to 73, with the market continuing to maintain a 'greed' sentiment, remaining in the 'greed' range.
Note: This index threshold is 0-100, covering indicators including volatility (25%), market trading volume (25%), social media popularity (15%), market surveys (15%), Bitcoin's market share (10%), and Google trends analysis (10%).
On the same day, Trump officially signed the (U.S. Stablecoin National Innovation Act (GENIUS Act)), marking the establishment of the first federal regulation related to cryptocurrency assets in the U.S.
The bill stipulates that stablecoins must be backed by 100% U.S. dollars or equivalent liquid assets as reserves, implementing annual audits for issuers with a market value exceeding $50 billion, while also establishing regulatory guidelines for foreign issuers. Executives from companies such as Circle, Tether, and Coinbase attended the signing ceremony, stating that this move will 'establish the U.S. as a dominant force in the global financial and cryptocurrency technology fields.'
The U.S. Securities and Exchange Commission (SEC) announced it is considering launching an 'innovation exemption', marking its shift from 'enforcement-based regulation' to a role that supports market innovation.
Recent passage of the (GENIUS Act), (CLARITY Act), and (Anti-CBDC Act) collectively builds a new regulatory framework for the cryptocurrency industry, promoting the compliant development of tokenized assets. Support from Wall Street and political forces has accelerated the cryptocurrency industry's transition from the margins to the mainstream financial system.
