US Dollar’s Global Role Under Scrutiny A significant shift in global financial dynamics could be on the horizon, potentially triggered by the U.S. push to regulate dollar-backed stablecoins. This initiative is sparking fears of widespread monetary destabilization. Amundi, Europe’s largest asset manager with over €2 trillion ($2.36 trillion) in assets under management, raised concerns on…
US House Designates “Crypto Week” The U.S. House of Representatives has officially designated the week starting July 14 as “Crypto Week,” signaling a concentrated legislative push for digital assets. During this period, lawmakers will actively consider three landmark bills: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act. This comprehensive initiative…
A Resounding Endorsement from Crypto Investors A recent HarrisX online survey, conducted in June among 1096 Americans including 230 cryptocurrency investors, has unveiled a striking level of approval for Donald Trump’s administration’s actions within the digital asset sector. The poll indicates that a substantial 81% of crypto investor respondents are closely monitoring the administration’s policies,…
Crypto Market Analysis: July 5, 2025 – Ongoing Correction Amidst Optimism As of July 5, 2025, the cryptocurrency market continued its corrective phase. The total global crypto market value remained around $3.3 trillion (based on July 4 data). Leading cryptocurrencies like Bitcoin (BTC), Ethereum, and Solana experienced price drops. This market adjustment follows a period…
The United States Federal Housing Finance Agency (FHFA) is embarking on a significant study to determine if cryptocurrency holdings can be considered in mortgage qualification assessments. This initiative, announced by FHFA Director William Pulte, marks a potential turning point for integrating digital assets into traditional financial systems. If approved, allowing borrowers to list Bitcoin, stablecoins,…
Two prominent Republican senators are set to introduce a pivotal framework for a major bill designed to establish clear rules for digital assets. This initiative aims to define how cryptocurrencies will be classified and regulated, specifically addressing whether they fall under the purview of the Securities and Exchange Commission (SEC) or the Commodity Futures Trading…
Texas has officially become the third U.S. state to establish a government-run Bitcoin reserve, signaling a growing and significant trend of digital asset adoption at the state level. Governor Greg Abbott’s signing of Senate Bill 21 into law empowers the Texas Comptroller to strategically allocate state resources into Bitcoin, forming a newly created fund that…
In a decisive move to combat a growing wave of financial scams, the Spokane City Council in Washington State has unanimously voted to ban all virtual currency kiosks, including crypto ATMs, from within city limits. This ordinance directly targets approximately 50 machines currently located in various convenience stores, gas stations, and major retail outlets such…
Investors in burgeoning crypto-treasury companies are increasingly bracing themselves for what might seem like a mundane event: routine SEC filings. However, as demonstrated by the recent sharp decline in SharpLink Gaming Inc.’s shares, these seemingly administrative procedures can trigger significant market reactions and unleash substantial selling pressure. This evolving dynamic highlights a unique challenge for…
In a momentous development for the burgeoning digital asset industry, the United States Senate has officially passed a groundbreaking bill aimed at establishing a comprehensive regulatory framework for USD-pegged cryptocurrency tokens, widely known as stablecoins. This legislative triumph, which occurred on June 17, signifies a pivotal shift in how digital currencies are viewed and governed…
