#CryptoMarket4T

🔥 The market value of cryptocurrencies exceeds $4 trillion 💰

👇 Trump signs the GENIUS stablecoin law 🚀

✅- President Trump has signed the GENIUS stablecoin bill into law, marking the first major legislation for cryptocurrencies to receive Congressional approval and reach the White House.

✅- The bill establishes a federal regulatory framework for stablecoins and requires that stablecoins be fully backed by the US dollar or its equivalent in liquid currencies.

💰 The market value of cryptocurrencies exceeds $4 trillion 💥

✅- The global market capitalization of cryptocurrencies surpassed $4 trillion for the first time ever on Thursday.

- It is now approximately $3.94 trillion, according to CoinGecko data.

💰* Acquisitions and developments in the cryptocurrency industry 🚀*

✅- The decentralized exchange dYdX has acquired the Pocket Protector social trading platform for cryptocurrencies.

✅- Thumzup Media, backed by Donald Trump Jr., has received approval from its board to hold up to $250 million in cryptocurrency assets.

🌟* Regulators' preferences for symbolic bank deposits 📈*

✅- It appears that non-US regulators prefer symbolic bank deposits over stablecoins, according to a new report from JP Morgan.