GENIUS Act, House and stablecoin
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16mon MSN
Bitcoin price, XRP and other cryptos have seen big gains this week. The crypto industry notched its first major crypto regulatory win in the U.S. late Thursday.
The Trump administration is actively exploring a de minimis tax exemption for Bitcoin transactions to eliminate barriers to everyday Bitcoin and crypto use,
The Bitcoin price continued to consolidate today, July 16, as the recent bull run took a breather, and traders await the vote on the GENIUS Act in the
Zack Shapiro, head of policy at the Bitcoin Policy Institute, breaks down the three crypto-related bills currently sitting in the U.S. House of Representatives.
While the second- and third-largest cryptocurrencies have outpaced their larger rival in the past seven and 30 days, it's worth noting BTC has climbed more than 40% in the past three months and hit a new record high.
2don MSN
Thirteen Republicans voted against a motion to advance three pro-crypto bills, 12 of whom Trump said would now vote differently.
There are several reasons Bitcoin could reach even greater heights over the second half of the year. Here's why.
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Stocktwits on MSNEthereum Outpaces Bitcoin After Trump Signals GENIUS Act Vote Could Proceed On WednesdayEthereum (ETH) gained ground against Bitcoin (BTC) in pre-market U.S. hours on Wednesday after President Donald Trump said that the GENIUS Act may face a full vote during the day. The GENIUS Act is good news for Ethereum because it is likely to ban competing yield-bearing stablecoins that often offer higher and simpler returns.
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.
Ethereum's ether is outperforming bitcoin amid expectations that the GENUIS Act will ban yield-bearing stablecoins.