#CryptoStocks
Yesterday, the U.S. Senate approved the GENIUS Act — a historic step towards regulating stablecoins. This immediately boosted the quotes of key companies in the crypto industry:
• Coinbase (COIN) rose by ~16% due to expectations that the new Coinbase Payments network will accelerate the use of USDC in e-commerce (Shopify, eBay) .
• Circle (CRCL) +33%, due to a strong influx of capital (A/D Line +250%) .
• Galaxy Digital (GLXY) +4%, supported by demand for institutional products and crypto custody .
Today, the top discussions include — #CryptoStocks, including COIN, CRCL, GLXY, as well as AMD and NVDA as indirect exposure to the crypto sector .
💡 Why this matters:
Regulation of stablecoins reduces uncertainty and paves the way for mass adoption, making these stocks attractive in the medium term.