The U.S. Treasury is moving fast on stablecoin regulation.
Treasury Secretary Bessent says implementation of the GENIUS Act framework is moving quickly, bringing clearer rules for the U.S. stablecoin market closer.
#Crypto#Stablecoins#GENIUSAct#USDT#USDC#CryptoNews #CryptoRegulation
🇸🇻 EL SALVADOR IS STILL STACKING BITCOIN
El Salvador keeps adding $BTC, with its reserve standing above 7,700 BTC right now.
Despite market moves, the government still holding tight.🔥
Weekend is over and what a great Monday it is for $BTC.
Currently trading @ $64K. ETFs are flowing in, the shorters are getting rek'd.
Happy Monday ☀️🫡
$BTC doesn’t have enough liquidity on both sides in the longer timeframe, that’s why it’s just ranging. On the downside there’s no real reason for it to go below $61k, and the same applies to $67k on the upside.
From my point of view Bitcoin may drop first to take that $5 billion worth of liquidity, then head higher.
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Gen Z is not just trading. They are becoming long term investors.
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