🚨 GENIUS Act Back on Track: Bipartisan Support Secured, Says Rep. French Hill
📜 After a turbulent start to Crypto Week, momentum for U.S. crypto legislation is gaining ground. Financial Services Chair French Hill has confirmed that the House now has the bipartisan votes needed to pass both the GENIUS Act and CLARITY Act — two key bills poised to reshape the digital asset landscape.
🌐 Despite an initial failed procedural vote, House members are set to reconvene for another attempt, signaling renewed optimism for crypto policy reform.
🔍 Why this matters:
▫️ Paves the way for clearer, innovation-friendly crypto regulation in the U.S.
▫️ Reinforces bipartisan commitment to advancing digital asset frameworks
▫️ Boosts market confidence amid regulatory uncertainty
💡 If passed, these bills could mark a turning point for U.S. leadership in Web3 and blockchain innovation.
#GENIUSAct #CLARITYAct #CryptoRegulation #DigitalAssets #CryptoWeek
https://coingape.com/french-hill-claims-house-now-has-bipartisan-support-to-pass-genius-act/?utm_source=bnb&utm_medium=coingape
$ETH /USDT Short Signal Exhaustion at Resistance, Correction in Play
Ethereum surged past $3,380, but momentum is stalling. Price is now rejecting from the supply zone, indicating a likely pullback after the vertical rally. A short setup is active as ETH begins to cool off.
🔻 Short Entry: $3,380 – $3,390
🎯 Targets:
• TP1: $3,280
• TP2: $3,200
• TP3: $3,160
🛡️ Stop Loss: $3,440
Leverage: 10x
Risk: 2–3% of wallet
Market View:
ETH remains bullish overall, but short-term exhaustion suggests a healthy retracement. As long as bears hold below $3,390, downside toward $3,200 remains in play.
{future}(ETHUSDT)
$BTC /USDT Short Trade Signal Breakdown in Progress
Bitcoin failed to hold above the $119,600 resistance, forming a clear rejection candle on the 1H chart. Momentum has shifted in favor of the bears, with price falling below a key demand zone opening the door for further downside.
📌 Short Setup:
Entry: $118,800 – $118,500
🎯 Targets:
• T1: $117,800
• T2: $117,200
• T3: $116,200
🛡️ Stop Loss: $119,700
Leverage: 10x
Risk Allocation: 2–3% of wallet
Market View:
Bitcoin is seeing intraday weakness after rejection from local highs. If selling volume holds, expect continuation toward previous support levels.
{future}(BTCUSDT)