#GENIUSActPass Passes the Senate! The US Senate approved th | Zia Ur Rehman Official on Binance Square

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#GENIUSActPass Passes the Senate!
The US Senate approved the GENIUS Act, which will directly impact the crypto world, by a vote of 68-30.
📍 Now it's on to the House of Representatives.

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#CryptoStocks 34% surge in Circle’s stock (CRCL) following the U.S. Senate’s passage of the GENIUS Act reflects a mix of real investor demand and short-term hype. The GENIUS Act, which establishes a federal regulatory framework for stablecoins, provides much-needed clarity for the industry, boosting confidence among institutional investors who prioritize compliance and transparency. Circle’s USDC, as a regulated stablecoin, is well-positioned to benefit, especially given its $61.4 billion market cap and partnerships like Coinbase. The blowout IPO, which saw shares soar 168% on debut and raised $1.1 billion, signals strong market appetite for crypto equities, particularly those bridging traditional finance and digital assets.

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$USDC The report indicates that SpaceX currently has approximately $22 billion in federal contracts. The report says that the scrutiny is intended to provide the administration with the necessary "political ammunition" should President Trump decide to act against Musk. Until recently, Musk served as a senior advisor to the President and headed the Department of Government Efficiency (DOGE). thanks

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#MyTradingStyle Buy the dip" is a trading strategy where investors purchase an asset after its price has temporarily fallen, anticipating a rebound. The core idea is to "buy low and sell high," capitalizing on short-term market corrections within an overall uptrend. This approach aims to lower the average cost of an investment and potentially increase returns when prices recover. However, it carries risks, as a "dip" can sometimes signal the start of a prolonged downtrend, rather than a temporary fluctuation, leading to further losses. It requires careful analysis to distinguish genuine opportunities from falling knives.

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$USDC Apparently, the new bill GENIUS adopted by the US Senate primarily concerns the regulation and control of stablecoins. USDC is the second largest and most popular stablecoin, which has a maker fee discount, meaning zero fees on all trades where you act as a maker.

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#FOMCMeeting Tomorrow important meeting of FOMC but probability no rate cut expected but according to my analysis btc touch $112k once the war end

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