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Stay up-to-date on the most trending topics in crypto with our professional and in-depth news.

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  • 14:12
    U.S. House of Representatives May Advance Three Key Pieces of Legislation During Crypto Week
    According to ChainCatcher, citing The Block, U.S. Representative French Hill stated that the House of Representatives has enough votes to pass the GENIUS Stablecoin Act, the Digital Asset Market Structure Clarification Act, and a bill to restrict the Federal Reserve from issuing a CBDC. These three bills aim to establish a regulatory framework for digital assets, covering key aspects such as stablecoin reserve requirements and the division of regulatory responsibilities among institutions. Former President Trump has previously expressed support for the GENIUS Act, which requires stablecoin issuers to maintain full reserves and mandates annual audits for major issuers. The Market Structure Act is designed to clarify the regulatory authority and responsibilities of the SEC and CFTC over cryptocurrencies.
  • 14:04
    Pudgy Penguins May Be Launching a Handheld Gaming Device
    Odaily Planet Daily reported that the NFT project "Pudgy Penguins" posted on X, asking "Who needs one?" The accompanying image features a handheld gaming console with the Pudgy Penguins NFT logo, suggesting that a similar product may be launched.
  • 13:56
    Analysis: US "Crypto Week" Legislation Drives Bitcoin Price Rebound
    Odaily Planet Daily News: Data from the London Stock Exchange Group shows that Bitcoin prices have turned upward. The cryptocurrency surged to a record high of $123,153 on Monday before pulling back due to profit-taking. However, crypto investors are now focusing on potential crypto asset regulatory legislation in the United States. During what is being called "Crypto Week," the U.S. House of Representatives will review three bills aimed at a comprehensive overhaul of U.S. cryptocurrency policy. Josh, an analyst at TPICAP's digital asset division, stated in a report that this could pave the way for greater institutional adoption of cryptocurrencies and drive Bitcoin even higher. She noted, "Bitcoin's role as 'digital gold' in investment portfolios is becoming increasingly important." (Jin10)
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