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#USStablecoinBill Stablecoin is a ‘digital representation’ of the ‘dollar in your pocket’: Joshua Rosner
‘These are the Plunderers’ co-author Joshua Rosner clarifies a ‘false talking point’ about PayPal Stablecoin on ‘Making Money’ and unpacks how private equity negatively impacts the middle-class and poor.
Sen. Bill Hagerty, R-Tenn., recently got the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act regulating stablecoin "hotlined" for a quicker Senate vote process, just as Democrats began raising both political and policy concerns about the legislation they previously supported.
"The GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins) creates a strong, forward-looking regulatory framework to modernize our payment systems and affirms the dominance of the U.S. dollar," Hagerty told Fox News Digital on Monday, estimating stablecoins in circulation to amount to $243 billion.
"I’m eager to see it passed soon to ensure digital asset innovation thrives in America, customers are protected, and foreign companies are held to the same standards," he said.
However, Hagerty was also critical of Democrats – some of whom splintered after originally supporting the legislation in March – while its Republican co-sponsors, Sens. Tim Scott of South Carolina and Cynthia Lummis of Wyoming, remain on board.
#MarketPullback The Bitcoin price appeared to have reached its top in this current cycle, embarking on a downward trend after notching a new all-time high of $108,786 at the beginning of the year. The story seems to be changing again for the premier cryptocurrency, as it builds on recent bullish momentum and looks to reclaim the $100,000 level. $BTC
Breakthrough Projects Dominate: The 3 Best Altcoins to Buy for May 2025
As the crypto market matures in 2025, fresh waves of innovation are reshaping the altcoin landscape. Investors are increasingly focusing on utility, long-term sustainability, and cutting-edge breakthroughs that promise to redefine blockchain applications. This May, three standout projects are making headlines—not just for their price action, but for their disruptive potential. Here’s a closer look at the 3 best altcoins to watch and consider adding to your portfolio this month. 1. Solana (SOL):
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4 Altcoins That Could Hit New All-Time Highs in May 2025
As crypto markets gain fresh momentum, several altcoins are showing strong potential to break past their previous all-time highs this month. Here are 4 standout projects to watch closely in May 2025:
1. Solana (SOL) Solana continues to impress with high-speed transactions and booming DeFi activity. With new NFT projects launching and growing institutional adoption, SOL is pushing toward its previous peak of $260. 2. XRP (XRP) Following the launch of XRP futures on CME, market sentiment around X
Breaking news: CME Group will launch XRP futures on May 19, 2025! XRP is already outperforming Bitcoin and Ethereum this year. Is this a sign that altcoins are gearing up for a massive rally? $XRP
Breaking news: CME Group will launch XRP futures on May 19, 2025! XRP is already outperforming Bitcoin and Ethereum this year. Is this a sign that altcoins are gearing up for a massive rally? $XRP