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U.S. Makes Crypto History – Trump Signs First Stablecoin Law: The GENIUS Act In a historic moment for the crypto industry, U.S. President Donald Trump has officially signed the GENIUS Act, the first-ever federal law to regulate stablecoins. The signing ceremony took place at the White House and was attended by top leaders in the crypto world, including CEOs from Coinbase, Tether, Circle, and Kraken. Trump called the signing “a major step to secure America’s lead in global finance and crypto.” He also joked, saying, “It’s called the GENIUS Act… maybe it’s about me.” What Does the GENIUS Act Do? The GENIUS Act creates a full set of rules for stablecoins — digital currencies tied to the U.S. dollar. Here are the key points: 100% Reserve Rule: Every stablecoin must be backed fully by U.S. dollars or safe assets like Treasury bonds. Large Issuers Audited: Companies issuing stablecoins over $50 billion in value must get audited every year. Two Regulators in Charge: The Federal Reserve will watch over bank-related issuers, while the OCC will oversee others. No Algorithmic Coins: Stablecoins that are not backed by real assets, like algorithmic ones, are banned. Market Reaction and Industry Cheers The news sent a wave of excitement through the crypto world. Circle’s stock jumped 18.2%, while crypto leaders praised the move as the beginning of real clarity in the U.S. crypto market. Brian Armstrong, CEO of Coinbase, called it a “surreal moment” and confirmed they’re working closely with the government on next steps. What’s Next? This is just the beginning. Two more bills — the CLARITY Act and the Anti-CBDC Act — have passed the House and are on their way to the Senate. Trump has promised to sign more crypto laws by the end of the year, aiming to reshape how digital money works in the U.S. Trump closed the event by saying, “Crypto has changed the game. It supports the dollar and makes America stronger.” This new law marks a turning point — not just for stablecoins, but for the future of finance in the United States.
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$FXS /USDT Still in Play – Bulls Defend Momentum Near $3.76 High FXS/USDT is holding strong at $3.733 after tagging a fresh 24h high of $3.764. The uptrend remains intact with a solid +11.57% daily gain, fueled by consistent higher lows and strong volume at 3.72M FXS. Bulls continue to push without signs of exhaustion, keeping the breakout structure alive. Trade Setup Entry Zone: $3.65 – $3.75 Stop Loss: Below $3.45 Target 1: $3.95 Target 2: $4.20 As long as price holds above $3.60, the trend remains bullish. A breakout above $3.76 could lead to a strong continuation toward the $4+ psychological level. $FXS
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We’re about to make so much f****** money
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$APT is setting up for a classic breakout move 👀 The chart says it all: ➜ Accumulate → Pump → Accumulate → Pump ➜ Currently breaking out from falling wedge on weekly ➜ Similar structure led to massive rallies before ➜ Eyes on $8–$14 range if momentum holds ➜ Volume ticking up + trend reversal confirmation coming This time doesn’t look like a fakeout
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$SUSHI /USDT Long Trade Setup – Bullish Recovery Targeting $1.05+ SUSHI/USDT is bouncing back after finding support near $0.872, now trading at $0.967 with a daily gain of 6.15%. The price is recovering from a recent dip after touching the 24h high of $1.100, and volume remains strong at 61.82M SUSHI. Trade Setup Entry Zone: $0.950 – $0.975 Stop Loss: Below $0.910 Target 1: $1.035 Target 2: $1.100 If SUSHI sustains above $0.950, bulls may retest the $1.10 high. A clean breakout above $1.035 could trigger continuation toward higher resistance. $SUSHI
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