Senate Passes GENIUS Stablecoin Act, Sends Bill to House for Consideration – Crypto News Bitcoin News
The U.S. Senate passed the GENIUS Stablecoin Act, a bill establishing federal regulations for stablecoins, now moving to the House for further consideration and potential clashes with other proposals.
Is Semler Scientific Flashing a Warning Sign for Bitcoin Treasury Firms? – Decrypt
Semler Scientific’s Bitcoin holdings face scrutiny as its mNAV nears one, raising concerns about its ability to grow Bitcoin per share. Experts suggest capital discipline and strategic measures to stabilize value.
U.S. Senate Passes Stablecoin Bill The GENIUS Act
The U.S. Senate passed the GENIUS Act, establishing a federal framework for stablecoins with 1:1 dollar backing, audits, and licensing. It exempts compliant stablecoins from SEC jurisdiction, boosting crypto infrastructure.
VanEck’s Solana ETF moves closer to market entry with DTCC listing
VanEck’s Solana ETF, VSOL, is listed with DTCC, advancing Solana’s mainstream adoption. Regulatory approvals pending, with potential July launch if SEC processes filings swiftly.
Bitcoin Miners Face More Trouble as Transaction Fee Share Hits 3-Year Low – Decrypt
Bitcoin miners face declining revenue as transaction fees hit a 3-year low, despite BTC prices rising above $100,000. Fewer network users mean lower fees, compounding post-halving challenges for miners.
Goldman Sachs Predicts American Households Will Pour $425,000,000,000 Into Stock Market This Year: Report – The Daily Hodl
Goldman Sachs predicts US households will invest $425 billion in stocks this year, remaining key equity buyers. Households own 38% of the US market, with record-high equity allocations.
XRP Price Prediction: Canada Approves First Spot XRP ETF – $1,000 XRP Coming?
Canada approves first XRP ETFs, boosting XRP price by 0.2% with trading volumes tripling. Analysts predict bullish trends as institutional adoption grows, with potential resistance at $2.33.
MEV Bots Are Blocking Blockchain Scaling, Warns Flashbots
Flashbots warns that MEV bots are hindering blockchain scalability by consuming excessive blockspace and gas, with 40% of Solana’s blockspace and over half of Ethereum rollups’ gas used by spam bots.
Elon Musk’s xAI Seeks $4.3 Billion in Fresh Funding: Bloomberg – Decrypt
Elon Musk’s xAI seeks $4.3 billion in new equity funding to expand AI infrastructure, including a supercomputer with 200,000 GPUs, following previous $14 billion raised and the acquisition of X.
JP Morgan’s JPMD ‘Stablecoin’ Is Actually a Deposit Token on Base – Decrypt
JP Morgan plans to pilot JPMD, a deposit token on Ethereum’s Base network, initially for Coinbase institutional clients, with future expansion pending regulatory approval.
