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The GENIUS Act, a US stablecoin regulation bill, cleared a Senate procedural vote and faces a final decision before moving to the House of Representatives.
Me3 – AI-powered Engagement Infrastructure For Web3 – Brave New Coin
Matthew Ainscow discusses Me3, an AI-powered Web3 engagement platform, focusing on user retention, data analytics, and their upcoming token launch.
VanEck Warns of Emerging Risk for Bitcoin Treasury Companies, Outlines Strategies To Combat Capital Erosion – The Daily Hodl
VanEck warns Bitcoin treasury companies of capital erosion risks as share prices approach NAV parity, suggesting safeguards like pausing ATM issuance and prioritizing buybacks.
JPMorgan Chase Files To Launch Own Crypto Services Trademark Under ‘JPMD’ – The Daily Hodl
JPMorgan Chase files to trademark JPMD for a new crypto services platform offering trading, transfers, and payments for digital assets, joining other major firms exploring crypto solutions.
GENIUS Act could strengthen dollar power, write ‘rulebook’ for global financial system
The GENIUS Act, a US stablecoin regulation bill, faces a key Senate vote. It aims to establish oversight, ensure 1:1 backing, and strengthen the dollar’s role in crypto, despite some opposition over safeguards.
Polygon’s zkEVM Never Adopted Blobs, Now Running at a $1M+ Annual Loss: Researcher Claims
Polygon’s zkEVM chain, acquired for $250M in 2021, is reportedly operating at a $1M+ annual loss with stalled development and no adoption of Ethereum’s Blobs, per researcher Lorenz Lehmann.
Bitcoin Dumps As Trump Threatens Iran – Brave New Coin
Bitcoin and crypto markets plunged as Trump escalated tensions with Iran, threatening military action. BTC dropped 3.5%, ETH 6%, and XRP 7%. Geopolitical risks triggered a market-wide selloff.
Treasury Secretary Bessent says stablecoins are debt relief engine as Senate readies to vote on GENIUS Act
Treasury Secretary Scott Bessent advocates for stablecoins as a tool to reduce federal borrowing costs, citing the GENIUS Act’s potential to boost the $3.7 trillion stablecoin market by 2030 with clear regulations.
Binance Leads Altcoin & Stablecoin Deposits on ETH, TRON
Binance leads altcoin and stablecoin deposits on Ethereum and TRON, handling 59K daily transactions during peak rallies, double Coinbase’s volume, due to its extensive offerings and liquidity.
Solana Price Prediction: $188 Breakout in Sight as Inflows and Institutional Staking Hit New Highs – Brave New Coin
Solana shows strong momentum with $135M in cross-chain inflows and institutional staking. Analysts predict a breakout toward $188 as SOL holds key support levels, signaling bullish potential.
