🇺🇸 SENATOR CYNTHIA LUMMIS: U.S. SENATE ACCELERATES CRYPTO MARKET LEGISLATION
🔹 The Senate will return to work on September 3 🔹 September: The Senate Banking Committee will review the market structure bill 🔹 October: The Senate Agriculture Committee will handle the section related to the CFTC 🔹 The goal is to finalize the bill and present it to the President before the end of the year, with hopes of completing it before Thanksgiving (late November)
The Fed’s July minutes showed rare division: most favored holding rates at 4.25%–4.5%, but two governors pushed for immediate cuts — the first such split in 30+ years. Concerns diverged between inflation risks and a weakening labor market. The Fed faces a tough trade-off: cut too soon and risk inflation, wait too long and risk recession. All eyes now turn to Chair Powell’s Jackson Hole speech this Friday for signals on the next move.
🔹 BULLISH IPO = $1.15 BILLION IN STABLECOINS — For the first time in U.S. history, an IPO has been fully settled using stablecoins.
🔹 MAINLY ON SOLANA — Leveraging fast speeds and low costs for minting and settlement.
🔹 HANDLED BY JEFFERIES, CUSTODIED BY COINBASE — A combination of Wall Street expertise and trusted crypto custody.
🔹 STABLECOINS USED — Including USDC, EURC, PayPal USD, Ripple USD, Paxos stablecoins, and others.
Bullish exchange was launched in July 2021 by Block.one, the company behind the controversial EOS ICO, which raised over $4 billion during 2017–2018.
Block.one initially provided Bullish with $100M in cash, 164,000 BTC, 20M EOS tokens, and $300M in investments from major names such as Peter Thiel and Mike Novogratz.
$BTC You can take 50% profit and move the stop loss to entry.
Disclaimer: Personal opinion, not financial advice. Crypto is high risk and you may lose all capital. • Follow @Square-Creator-575303577 for market updates.
Here are the key institutional investors that filed 13F disclosures showing purchases of BlackRock’s Bitcoin (IBIT) and Ethereum (ETHA) ETFs in Q2 2025 (for entities managing at least $100 million in assets):
Although there is a lot of information suggesting that institutions are rushing into crypto, a Bank of America survey shows a completely different picture. On average, fund managers allocate only 0.3% to crypto, and up to 75% do not hold any at all.
Disclaimer: Personal opinion, not financial advice. Crypto is high risk and you may lose all capital. • Follow @Square-Creator-575303577 for market updates.
$SCR DONE TP1 📌 ... Disclaimer: Personal opinion, not financial advice. Crypto is high risk and you may lose all capital. • Follow @Square-Creator-575303577 for market updates.