Crypto Stocks Soar: GENIUS Act Fuels Rally as Trump Eyes Stablecoin Bill
Crypto Market Surges as GENIUS Act Advances, Trump Backs Stablecoin Legislation.
The cryptocurrency market is experiencing a significant uplift this week, driven by a pivotal development in U.S. regulatory landscape. The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act successfully passed the Senate with a decisive 68-30 bipartisan vote. This landmark legislation, aimed at creating a comprehensive federal framework for stablecoins, has ignited a wave of optimism across the digital asset sector, leading to substantial rallies in key crypto stocks…
This Week In Crypto
This week in crypto, the U.S. Senate passed the GENIUS Act, establishing a federal framework for stablecoins with a 68-30 bipartisan vote, though it awaits House approval amid concerns over Trump's crypto ventures. Tron went public through a $210M reverse merger with Nasdaq-listed SRM, marking a significant U.S. market entry. Geopolitical jitters caused a 7% crypto market drop due to Israel-Iran war fears, impacting Bitcoin and other assets. Plasma blockchain emerged as a Layer 1 challenger to DeFi’s stablecoin dominance with its innovative design. Solana ETF odds surged to 91%, with the SEC hinting at a summer approval. World Liberty Financial launched its $USD1 stablecoin on the TRON network, tied to Trump’s crypto ventures. Top analysts’ portfolios highlighted diverse investment strategies amid rapid market evolution.
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Crypto portfolios of top analysts and influencers in June 2025
The portfolios of prominent crypto analysts and influencers play a key role in shaping public sentiment and investment decisions. (This is not financial advice.)
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Plasma: The Blockchain Challenging DeFi’s Stablecoin Status Quo
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