Crypto News Roundup: Major Legislation, XRP Surge, and Blockchain Adoption

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Big news from Washington: Congress is pushing forward the GENIUS Act to regulate stablecoins, aiming to make crypto

safer for everyone.

But environmental advocates warn it could fuel more energy-hungry crypto mining, especially since the bill doesn’t require eco-friendly

methods like proof of stake.

As one expert put it, 'The more that cryptocurrency is legitimized and used, the more crypto mining there

will be.' Meanwhile, the SEC is delaying decisions on key Bitcoin and Ether ETFs, keeping investors on edge.

XRP is making headlines, trading near $3.30 and repeating a bullish pattern from 2017.

Analysts say a breakout above this level could send XRP into 'price discovery' mode.

Adding fuel to the fire, Ripple has joined California’s new blockchain task force, aiming to modernize government services.

This partnership could boost XRP’s adoption and price, with one analyst noting, 'Policy partnerships could spark the next

breakout.' Fetch.ai (FET) is holding strong above key support, targeting $1.03 and possibly $1.40 if momentum continues.

Meanwhile, companies like Matador Technologies and Super Copper Corp are ramping up Bitcoin investments, and VCI Global is

launching a new Bitcoin fund for institutions.

Plus, GameStop hints at accepting crypto payments in the future, and Bonk memecoin is up 15% in a

day!

Stablecoins are in the spotlight as Bank of America explores its own digital dollar and the GENIUS Act

aims to regulate the $260 billion stablecoin market.

Meanwhile, Tether’s USDT has hit a $160 billion market cap, and analysts suggest even conservative investors should consider

crypto in their portfolios.

With altcoin season heating up and institutional adoption rising, the crypto market is more dynamic than ever!

That’s your crypto news roundup!

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