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🔥 $SUI will add 100% if the price stays above $3.6 🤑
#SUI #SuiNetwork  

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🟡 The Obstacles Blocking Cryptocurrency Bills in the US Have Finally Been Overcome According to breaking news, cryptocurrency bills have cleared procedural hurdles in the House of Representatives. Following procedural setbacks earlier this week, the US House of Representatives has resumed its efforts to advance landmark legislation on cryptocurrency regulation. In a vote today, House members voted 215-211 to advance the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS), which would establish a framework for stablecoin regulation in the US. The GENIUS bill aims to establish a legal and regulatory foundation for stablecoins. It is expected to reach President Donald Trump's desk this week. The House of Representatives has also voted to vote on the Digital Asset Market Clarity Act (Clarity), which covers the crypto market as a whole. Clarity aims to provide a legal framework that will clarify the division of authority between the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) in regulating crypto assets. However, another bill is also up for a vote that would prevent the Fed from issuing central bank digital currency (CBDC) directly to individuals. No Democrat in the House voted “yes” on these bills. At a press conference this morning, Democrats reacted strongly to the bills. Maxine Waters, the ranking Democrat on the House Financial Services Committee, called Clarity and GENIUS “two of the most dangerous bills,” saying: “These bills are a gift-wrapped invitation for Trump to continue his crypto scam at full speed.” #BTC #Crypto #Bitcoin

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🪙 $XRP Tops $3 on Reports of Fed Chair Powell's Likely Ouster XRP, the third-biggest cryptocurrency by market cap, briefly surged above the $3 level earlier this Wednesday amid numerous rumors of Federal Reserve Chair Jerome Powell's likely ouster. According to Bloomberg, an anonymous White House official said that Powell could end up being fired soon. However, no final decision has been made so far. Major U.S. stock market indices quickly fell on the report, with the S&P 500 index currently trading in the red. The stock market is about the independence of the Fed being undermined. Cryptocurrency mogul Novogratz recently urged investors to buy Bitcoin, criticizing the calls for Powell's termination as "Banana Republic moves." Some believe that firing Powell before the end of his term would be bullish for crypto since it would erode confidence in the Fed and likely result in much lower interest rates in the near future. #XRP #Ripple

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🚫 Binance refuses the listing of Pi Coin: 15% drop and doubts about transparency 🔸 Why did Binance say no to Pi Coin? The official motivation provided by Binance concerns a series of compliance-related concerns that the Pi Network project has failed to address. In particular, issues related to three key points have emerged: 👉 Absence of third-party audits – Pi Network has not yet subjected its blockchain to independent reviews, a standard now required by all major trading platforms to ensure the security and reliability of the code. 👉 Mainnet closed – Currently, the mainnet of Pi Coin remains inaccessible to the public, preventing a real verification of the decentralization and internal functioning of the network. 👉 Centralized governance – The Pi Foundation maintains direct control over a significant portion of the tokens, without public audits on the wallets or transparency in the management system. This model clashes with the founding principles of modern criptovalute, based on decentralization and distributed governance. To all this is added another critical point: the Pi Network code is not completely open source. A fundamental requirement in the blockchain world, as it ensures that the community can independently verify every aspect of the protocol and report any vulnerabilities. 🔸 The impact on the community: backlash and negative ratings The response from the community was not long in coming. In a few days, the Pi Network apps saw a surge of negative reviews and declining ratings on Google Play Store and App Store. Many users expressed their frustration both against Binance, accused of excessive closure, and towards the Pi Foundation, guilty – according to a growing part of the community – of a lack of operational transparency. The missed listing on Binance also has a significant psychological and practical impact: Binance represents one of the exchanges with the highest volume and global visibility. #PI #PInetwork #Binance

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🏫 SEC Schedules Key Vote on July 17 to Conclude Ripple Case According to a report by crypto enthusiast BALE, the U.S. Securities and Exchange Commission (SEC) is preparing for a crucial vote regarding its long-standing case against Ripple. In a tweet published on July 14, BALE stated: “The SEC has scheduled a key vote for July 17. A decision on the complete dismissal of the case against Ripple is expected #SEC #XRP

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⚡️ Don’t Sell Your Cardano Until It Reaches $5 This Cycle: Analyst Despite the Cardano trend below $1, a top market analyst has warned against selling ADA this cycle before a six-fold rally. After a period of massive price uptrend, Cardano and the broader crypto market have consolidated slightly in the past 24 hours. For context, ADA is down 3.82% over the past day, correcting from a high of $0.76 yesterday. Nonetheless, its trajectory appears to still be up only from here, at least according to a recent analysis. Specifically, Mr. Banana has urged Cardano holders not to sell short of a new all-time high of $5 this bull cycle. When asked why he projected the price target, Mr. Banana stated that it is mainly due to strong fundamental analysis of the Cardano ecosystem. However, he did not provide further perspective on this claim. Nonetheless, the Cardano community has been buzzing amid strategic developments. First, the ecosystem has progressed in its course to unlock Bitcoin DeFi with the recent Lace Wallet rollout boosting momentum. Furthermore, a Cardano spot exchange-traded fund (ETF) could launch soon. A recent disclosure from Bloomberg’s senior ETF analyst Eric Balchunas suggests that there is a 90% chance of approval for the ADA-focused investment product before the end of 2025. Several other bullish fundamentals, like Cardano’s addition to the five assets in the US crypto stockpile and founder Charles Hoskinson’s mention in Donald Trump’s crypto cycle, have all sparked optimism among ADA proponents. Notably, an earlier parallel analysis suggests these developments should take Cardano to $10 this cycle. 🔸 Cardano Ready for a Massive Move Meanwhile, Mr. Banana identified a new price development in a parallel tweet, suggesting that Cardano is about to take off. He noted that the blue-chip asset is getting ready for a massive move as it approaches a major resistance level. For context, ADA’s 25% growth last week has brought prices closer to a support-turned-resistance zone. #ADA #Cardano

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