#GENIUSActPass The GENIUS Act has officially passed the US Senate with a bipartisan vote of 68-30 ¹. This landmark legislation establishes a regulatory framework for payment stablecoins, promoting innovation, consumer protection, and national security ². The bill, sponsored by Senator Bill Hagerty, requires stablecoin issuers to be fully backed by US dollars or similarly liquid assets ³. It also includes provisions for reserve and anti-money laundering (AML) requirements, as well as mandatory annual audits for issuers with over $50 billion in market capitalization ³. The GENIUS Act's passage is seen as a significant step forward for the cryptocurrency industry, with Treasury Secretary Scott Bessent projecting that stablecoins could grow into a $3.7 trillion market by the end of the decade ¹. Next steps will involve the House of Representatives, where lawmakers will determine whether to take up the GENIUS Act, work out differences with its own bill (the STABLE Act), or package it with crypto market structure legislation ³.
#FOMCMeeting $ 📢 Big Day Tomorrow: Fed Rate Decision Incoming The Federal Reserve is set to announce its next interest rate decision tomorrow — and all eyes are on Jerome Powell. With inflation showing signs of cooling, pressure is mounting from multiple fronts, including former President Trump, who recently urged the Fed to cut rates and hinted he "might have to force something" if the easing trend continues but rates stay unchanged. Markets are split between expecting a pause and pricing in a potential cut later this year. The Fed has emphasized being data-dependent, but political pressure and macro signals are heating up. 💬 What’s your take? Will we see a cut, a hold, or a surprise hike? 📈 Personally, I’m staying cautious — keeping dry powder on hand, reducing exposure to interest-sensitive assets until the fog clears. #FOMCMeeting
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#TrumpTariffs 🚨 BREAKING NEWS Trump just dropped a $7 BILLION warning shot at Nike. 🧨 His message? Bring your factories back to America — or pay the price. Nike didn’t blink. They stayed silent. So Trump moved fast — hitting them with massive tariffs. This isn’t just talk. It’s a direct strike on a $96 BILLION empire — and the fallout could be global. What’s next? Expect retaliation. Supply chains in shock. And a market watching every Trump move like it’s a chessboard. #TrumpTariffs #NikeShowdown #MadeInAmerica #BinanceHODLerRESOLV