New SEC Chair Paul Atkins made statements that could turn the game for the crypto market. As of 10.06.2025, his words and the GENIUS Act bill signal a bullish sentiment for $BTC, $ETH, and altcoins. Here’s what’s happening.

Key statements from Paul Atkins

1 Freedom of storage and staking 🟢

◦ Quote: Atkins supports the right to self-custody of crypto assets (cold wallets) and allows staking, which was previously considered an 'illegal securities operation'.

◦ Value:

▪ The previous administration (Gensler) wanted to force everyone to hold assets on licensed exchanges under IRS supervision and ban cold wallets. Atkins is against this.

▪ Staking for $ETH in spot ETFs may be approved, which would raise demand for $ETH (TVL in staking $ETH — $115 billion, 28% of supply).

◦ Impact: Increased interest in altcoins that offer yield through staking ($ETH, $SOL). Potential growth of $ETH to $3,000 in Q3 2025.

2 DeFi without barriers 🟢

◦ Quote: DeFi developers will not be held liable for the use of their code, and the SEC is working on removing 'regulatory barriers'.

◦ Value:

▪ Previously, DeFi was equated to traditional financial structures, requiring licenses and reporting. For example, the developer of Tornado Cash was convicted for user actions.

▪ Atkins proposes to free DeFi from such requirements, stimulating development (50% of DeFi protocols on Ethereum, TVL $97 billion).

◦ Impact: Capital inflow into DeFi could push $ETH to $3,500, $SOL to $250. New projects (Uniswap, Aave) will gain momentum.

3 Loyalty to tokens 🟢

◦ Quote: The SEC will review rules so that tokens are not subject to excessive regulation and issuers can issue assets without the risk of sanctions.

◦ Value:

▪ Currently, many tokens are classified as securities, complicating project launches. The new policy will simplify token issuance.

▪ A transparent regulatory approach will attract venture capital (in 2024, venture investments in crypto — $12 billion, +20% YoY).

◦ Impact: An increase in the number of new tokens and altseason if $BTC.D (62.15%) drops to 55%.

4 GENIUS Act: stablecoin regulation 🟢

◦ Event: On June 11, the US Senate will vote on the GENIUS Act, which requires 100% backing of stablecoins ($USDT, $USDC) by Treasury bonds and monthly audits.

◦ Value:

▪ Stablecoin market cap — $249 billion ($USDT $152 billion, $USDC $61 billion). The law will eliminate the risks of 'scams' and attract institutional investors.

▪ Stablecoins will become the 'digital dollar', available worldwide, simplifying the purchase of crypto (especially in high-inflation countries).

◦ Impact: The market cap of stablecoins could grow to $1–2 trillion by 2027, pushing $BTC to $150k, $ETH to $6,000, $SOL to $400.

My thoughts

Atkins' statements and the GENIUS Act are a 'quiet revolution' for crypto. The market underestimates these changes due to news noise and the $BTC correction. Legalization of staking, freedom for DeFi, and stablecoins will open doors for institutional capital ($12 trillion in treasuries may partially flow into crypto). But short-term risks remain: inflation data (CPI >2.5%) or a failure of US-China negotiations could push $BTC down to $99,200. Clear signals are needed for entry. #CryptoRegulation

Conclusion

Atkins' statements and the GENIUS Act are a bull catalyst for crypto. $BTC, $ETH, and $SOL will receive a boost from DeFi, staking, and stablecoins, but short-term volatility due to macro data (CPI 11.06) requires caution. Watch for liquidity zones ($BTC ~$99,200, $ETH ~$2,400) and maintain risk management. Crypto is moving from the 'gray zone' to mainstream, but whales are playing on FOMO — don’t chase the hype! 😜 #CryptoBoom #SEC #Stablecoins