The U.S. cryptocurrency industry reached an important milestone this week when the Senate passed the GENIUS Act, a bill that creates a clear regulatory framework for dollar-pegged stablecoins. The bill, officially named the Guaranteed Innovations in Electronic Money and U.S. Dollar Security Act (GENIUS), received support from both sides of the political aisle — several Democrats joined Republicans to push it through. It is now heading to the House of Representatives, where expectations are high for quick approval, and ultimately to President Trump's desk for signing.
Galaxy partners with Liquid Collective to expand institutional Liquid staking
Galaxy Digital has announced a new partnership with Liquid Collective aimed at expanding institutional access to liquid staking, starting with Ethereum and eventually covering Solana. The collaboration followed a recent statement by the U.S. Securities and Exchange Commission (SEC) in May, which clarified that staking is not a security or an investment contract. This regulatory green light has opened the door for broader institutional participation in staking services.
The founder of Cardano believes that ADA is the biggest threat to Bitcoin
The founder of Cardano, Charles Hoskinson, known for his statements, has once again stirred the crypto world — this time with a bold assertion that ADA may become the biggest threat to Bitcoin. In a recent proposal, Hoskinson introduced the idea of creating a $1 billion sovereign fund for Cardano aimed at accelerating ecosystem development, promoting ADA adoption, and changing the global perception of cryptocurrency governance.
Cryptocurrencies vs Banks: How to Ensure Complete Independence?
The banking system is a centralized control mechanism where your money can be frozen, restricted, or devalued. Cryptocurrencies were created as an alternative, but many projects still depend on traditional finance. How to achieve complete freedom?
How USDC temporarily lost its peg to the dollar during the banking crisis in March 2023.
What happened? 1. The collapse of Silicon Valley Bank (SVB) – On March 10, 2023, one of the key banks where Circle (the issuer of USDC) held its reserves was on the brink of collapse. 2. $3.3 billion of USDC reserves were at risk – Circle reported that part of the reserves (about 8%) was held at SVB and could be inaccessible.
#CardanoDebate Hoskinson's plan could bring several potential benefits to the Cardano ecosystem but also carries certain risks. Let's analyze the pros, cons, and possible consequences.
Advantages of the plan: 1. Asset diversification - Currently, the Cardano treasury consists mainly of ADA, creating high volatility and dependence on a single cryptocurrency.
A Thoughtful Plan for Cardano. Everything in its Time
#CardanoDebate #BTC110KSoon? • Charles Hoskinson plans to add XRP, RLUSD, and DeFi features to Cardano. • RLUSD is just part of a larger plan to add Ripple-based assets. • Cardano may invest in bitcoins and use the profits to buy back ADA. --------------------------------------------- Charles Hoskinson, the founder of Cardano, published new information about the potential integration of XRP and related features into the Cardano blockchain.
"DeFi Boom on Cardano: $100 Million from the Treasury to Go to BTC and Stablecoins"
#CardanoDebate Cardano founder Charles Hoskinson proposed an initiative to allocate 140 million ADA (approximately $100 million) from the project's reserves for the development of the Cardano DeFi ecosystem. These funds are proposed to be invested in Bitcoin and stablecoins such as USDM, USDA, and IUSD, which could lead to several possible scenarios:
$ADA Cardano — a project with a strong team, scientific approach, and long-term goals. If you believe in its future, hold $ADA and ignore temporary declines. The crypto market is cyclical, and those who survive bear markets often reap the greatest profits.
HODL through the pain — your patience will be rewarded 🚀 $PEPE
$ADA a rise to the resistance level of $0.7685 is possible, after which a correction to $0.7225–0.7060 may follow.
If the support at $0.7060 holds, the price may retest $0.7685. In case of a breakout — a move towards $0.8643. If the support fails, a pullback to $0.6864–0.6463 is possible.
$BOB there were several such surges, then the price dropped below the initial level. This is an expected decline, everyone is taking profits. I would buy back $BOB at a price of 0.0⁸25
Will $ADA be able to reach $1 again in the near future? In the near future (week or two), reaching $1 is unlikely, but in the medium term (1-3 months), such a scenario is possible under favorable conditions.
$PEPE it is enough to have only $400-$500 to receive $1 daily and use this profit, regardless of the coin's rate throughout the year, even if it drops to 0.00000350.
B² Network is a project aimed at scaling Bitcoin (BTC) using a multi-layer architecture that includes an L2 solution, a DA (Data Availability) layer, and mining products that allow users to earn BTC. Let's break down each component in detail: --- 1. L2 (Layer 2) for Bitcoin Problem: Bitcoin as L1 (base layer) has limited throughput (~7 transactions per second) and high fees under load.
If you delve into the project, you understand that $B2 has every chance of entering the TOP-10 in the future and it can easily reach a price of $ETH , a great long-term investment. An improvement for $BTC and the strongest competitor among its peers, thanks to the implementation of proprietary technologies.
projects that drop by 15% daily have a capitalization of nearly $30 million, $BOB has grown by more than 100% and continues to grow, has only $6 million. It is clearly undervalued.