#StablecoinLaw The U.S. Senate on Tuesday passed a bill to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens known as stablecoins, in a watershed moment for the digital asset industry. The bill, dubbed the GENIUS Act, received bipartisan support, with several Democrats joining most Republicans to back the proposed federal rules. It passed 68-30. The House of Representatives, which is controlled by Republicans, needs to pass its version of the bill before it heads to President Donald Trump's desk for approval.
#CryptoMarket4T Crypto Market Cap Crosses $4T After XRP, ETH Rally Achievement comes as the CoinDesk 20 crosses all-time high. What to know: The market cap for all cryptocurrencies has surpassed $4 trillion, driven by a rally in altcoins like XRP and ETH. The CoinDesk 20 index, which tracks the largest digital assets, has increased by 35% in the past month. Bitcoin's recent surge follows Donald Trump's re-election, sparking investor interest in potential deregulatory crypto policies.
#AltcoinBreakout Trend Tilts in ETH’s Favor Technically, CCN examined the ETH/BTC chart. We observed that the pair has broken out of a bull flag.
This indicates that ETH’s price is on the front foot compared to BTC. Further, the Chaikin Money Flow (CMF) is far above the zero signal line, indicating increasing buying pressure for Ethereum over Bitcoin.
To support this, the green line of the Supertrend is below the pair, suggesting strong support for the uptrend. If sustained, the ETH/BTC pair might break above the 0.382 Fibonacci level and reach 0.035.
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#MyStrategyEvolution DCA (Dollar Cost Averaging) If you’re looking for a crypto trading strategy that doesn’t involve indicators, then dollar cost averaging (DCA) might interest you. DCA is a popular strategy for both beginner traders and experts alike. That's it my DCA investments so far
#USCryptoWeek Crypto week aims to pass three bills into law The US House Financial Services Committee announced Crypto Week would start on July 14. It will consider three bills, namely