US Senate approves landmark GENIUS Act for stablecoin regulation
The US Senate passed the GENIUS Act to regulate stablecoins, establishing a framework for reserves, compliance, and federal oversight, aiming to bolster dollar dominance and innovation.
Ripple and SEC Ask Court to Pause Appeals as They Fight to End XRP Case – Legal Bitcoin News
Ripple and the SEC have jointly requested to pause appeals as they await a court decision that could settle the long-running XRP case, potentially ending legal disputes.
25% Bitcoin price rally set to follow today’s correction if history repeats
Bitcoin price dropped to $103,300 amid risk-off sentiment ahead of the FOMC decision. Technical and onchain data suggest a potential bounce between $102,000-$104,000, with long-term holders remaining bullish. A 18-25% rally could follow, targeting $130,000 by Q2 end.
OpenAI Lands Pentagon Deal—Musk’s xAI Left Watching From Sidelines – Decrypt
OpenAI secured a $200M Pentagon contract for non-combat AI applications, launching OpenAI for Government. The deal follows its policy shift allowing military use, while xAI faces scrutiny over DHS data concerns.
Dogecoin Price Enters Historical Bounce Zone, But Will This Time Be Different? | Bitcoinist.com
Dogecoin approaches a key support zone between $0.166-$0.172, historically triggering rebounds. RSI hints at bullish divergence, but market conditions may impact its trajectory.
Sonic DEX volume rises 17% – But THIS signals likely trend reversal
Sonic DEX volume rose 17% amid whale accumulation near $0.316 support. Despite 96% of holders being underwater, limited sell pressure and rising whale activity suggest a potential trend reversal.
XRP Bullish Signal: Shark & Whale Wallets Set New All-Time High
XRP shark and whale wallets holding 1M+ tokens hit a record high, signaling potential new big-money investors and increased network activity, according to Santiment data.
US DOJ, Europol seize world’s largest dark web drug market operating via Monero
International law enforcement seized Archetyp Market, a major darknet drug platform using Monero, arresting its German operator in Spain and confiscating millions in assets and infrastructure.
Ripple News Today: Ripple Files Supplemental Letter to Sway Court in Prolonged XRP Lawsuit – Brave New Coin
Ripple files a supplemental letter in its SEC lawsuit, seeking reduced penalties and injunctive relief. The company argues for fairness and regulatory consistency, while both parties request an appeal pause until August 2025.
Asia Crypto News: GENIUS Act Positions Ethereum at the Center of Tokenized Finance, Says Wall Street Veteran
The GENIUS Act’s passage positions Ethereum as central to tokenized finance, with Wall Street veteran Vivek Raman highlighting ETH’s role in institutional finance and regulatory clarity as key drivers.
