Crypto News Roundup: Senate Passes Stablecoin Bill, Bitcoin Buys Surge, XRP Bulls Eye Breakout
Catch up on today’s biggest crypto headlines: the US Senate passes a landmark stablecoin bill, public companies pour millions into Bitcoin, XRP bulls gear up for a rally, and Thailand gives crypto traders a tax break. Plus, the latest on meme coins, ETFs, and more!
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Big news!
The US Senate just passed the GENIUS Act, a major step toward regulating stablecoins.
Senator Bill Hagerty called it 'a new era of payments,' promising faster, cheaper transactions for everyone.
The bill still faces debate in the House, but if it becomes law, the US could lead the
world in crypto innovation.
Some Democrats remain cautious, pushing for more consumer protections, but momentum is strong.
Four US public companies are making headlines by investing nearly $850 million in crypto!
DDC Enterprise is buying $528 million in Bitcoin, Fold Holdings is adding $250 million, and BitMine just grabbed
$16 million more.
Plus, Eyenovia is rebranding to Hyperion DeFi and putting $50 million into the HYPE token.
This wave of institutional buying shows big money is betting on crypto’s future.
XRP is buzzing!
Ripple and the SEC have agreed to pause their legal battle until August, giving the market a breather.
Meanwhile, XRP’s price is consolidating above $2.20, and analysts see a possible breakout if it clears resistance.
Some even predict a 530% surge if history repeats itself.
Plus, North America’s first spot XRP ETF just launched in Canada, and US approval could be next!
Bitcoin is holding above $104,000, but traders are watching the Fed’s next move for clues.
Ethereum is steady near $2,500, while Solana and meme coins like Shiba Inu and Dogecoin are seeing slight
dips.
Shiba Inu futures open interest just spiked, signaling big bets on a rebound.
Remember, meme coins are volatile—do your research!
Thailand just announced a five-year tax break on crypto income, aiming to become a global crypto hub.
Meanwhile, Vaultro Finance’s $VLT token presale on the XRP Ledger is over 62% sold, with investor FOMO running
high.
But remember, always do your own research before jumping in!
OKX is delisting 16 cryptocurrencies soon—check your holdings!
Meanwhile, AAVE is in a corrective phase, but analysts are watching for a bullish reversal if it holds
above $116.
Swing traders, keep an eye on the $195–$172 range for a potential entry.
That’s your crypto news roundup!
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