#USNationalDebt The national debt of the United States has surpassed 37 trillion dollars, marking a significant increase from 18 trillion dollars just a decade ago. Meanwhile, the value of Bitcoin has risen from under 500 dollars to over 100,000 dollars in the same period, highlighting its potential as a store of value.
As the pressure from this growing debt continues to mount, cryptocurrency advocates are renewing their call for Bitcoin as a potential solution. While the defense of Bitcoin is not new, what is particularly intriguing now is the emerging idea that stablecoins could help reduce the national debt.
Swing trading is an alternative strategy for those who enjoy short-term trading but cannot dedicate hours to trading every day. While it requires a proper understanding of technical analysis, it can lead to more efficient returns compared to day trading. As with any form of trading, there will be risks involved. Swing traders, particularly those who are just starting, should ensure they have a solid understanding of technical indicators as well as market fundamentals to make their trading decisions. A swing trader should also seriously consider having a stop-loss in case of last-minute news that affects the market direction they are positioned in.
The platform X, formerly Twitter, is transforming into a "super app" in the Asian style like "WECHAT". CEO Linda Yaccarino announced that users will be able to make investments and financial transactions. Crypto analysts argue that integrating payments or commerce with cryptocurrencies in a widely used application could drive widespread adoption. If X Money ends up being compatible with cryptocurrencies, millions of X users could send and receive Bitcoin, Ether, or stablecoins as easily as sending a Tweet.
The Federal Reserve of the United States kept interest rates stable for the fourth consecutive meeting on Wednesday, forecasting higher inflation and cooler growth this year, as President Donald Trump's tariffs begin to take hold and geopolitical uncertainty looms.
The central bank also released its latest quarterly projections for the economy and interest rates. It expects notably weaker growth, higher inflation, and slightly higher unemployment by the end of this year than it had forecasted in March, before President Donald Trump announced widespread tariffs on April 2. Most of those tariffs were then postponed on April 9. The Fed also indicated that it would only cut rates once in 2026, instead of the two cuts projected in March.
Circle's stock rises over 500% driven by favorable legislation on stablecoins 🚀🚀💵🤑
The GENIUS Act outlined how U.S. companies can issue and manage fiat-backed stablecoins for payments. It still requires approval in the House and the signature of President Donald Trump, but the vote in the Senate indicates strong bipartisan support for integrating crypto payments within the U.S. regulatory framework.
Trump, in a post on Truth Social, stated that the bill would make the U.S. the "undisputed leader in digital assets." 🤑🤑🚀💵
The GENIUS Act: A Crucial Step for Cryptocurrencies in the U.S.
The Act (GENIUS), a bill aimed at regulating stablecoins (cryptocurrencies with stable value) in the United States, has been approved by the U.S. Senate with a vote of 68-30 on June 17, 2025. This approval marks a significant advance towards comprehensive federal regulation of stablecoins.
With this law, it is expected:
* Dominance of the U.S. Dollar: Strengthen the role of the dollar in the digital economy.
* Modernize Payments: Improve payment systems for the digital age.
* Boost Innovation: Reduce regulatory uncertainty to encourage development in the digital asset space.
* Protect Consumers: Include provisions for consumer protection and market integrity.
Now, the GENIUS Act will move to the House of Representatives for review. If approved there, it will be sent to the President for enactment as law.
If you are a beginner, a good way to start practicing can be in this league. Choose a leader and decide how to participate Solo/Team, you can operate in Spot/Futures.
If you've connected to a Web3 app, you've seen WalletConnect.
It's everywhere. A symbol of trust in cryptocurrencies, as $recognizable as Visa when paying. $With billions of dollars flowing annually through the WalletConnect network, it seamlessly connects wallets, apps, and blockchains. A growth is expected at the beginning of next year, let's hope so. 🤑🤑👍
«Ethereum has failed... It's not worth getting involved»: Two Prime
A prominent investment firm explains its strategic shift from ETH-based loans to focus its efforts on Bitcoin.
Two Prime, a firm specializing in investment and loans backed by digital assets, announced its decision to focus exclusively on bitcoin (BTC). The company justifies its decision by stating that, despite the success achieved with Ethereum, its statistical behavior in the market, its value proposition, and the culture of its community have significantly failed. In their opinion, with the creation of Satoshi Nakamoto as an alternative, the risk-reward relationship of continuing to offer products based on ETH is no longer justifiable.
«Now it trades like a memecoin, instead of being a predictable asset», the firm stated. They explain that, even during the volatility of the first quarter of 2025, bitcoin remained within its expected behavior, while ETH registered fluctuations they classify as extreme. They attribute this to a risk-averse environment and a widespread capitulation of long-term investors in the Ethereum network cryptocurrency, which poses a problem for the model of loans backed by this asset. In their analysis, Two Prime takes as a starting point the presidential elections in the United States, which resulted in Donald Trump winning. During his campaign, the now-president had promised a more favorable approach to cryptocurrencies. However, after taking office and unleashing a trade war, financial markets were heavily affected. The company notes that, since the elections, «ETH has shown very little recovery and a strong negative momentum», while bitcoin has returned to its average behavior, suggesting that «people are buying on the dips». $ETH