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Jeevbhai
@jeevbhai
Top 4 Crypto News 1. U.S. Senate passes stablecoin regulation bill The Senate approved the bipartisan “GENIUS Act” with a 68–30 vote, establishing the first federal framework for dollar-pegged stablecoins. It mandates asset backing, AML compliance, and audits. 2. Trump’s crypto dealings spark corruption concerns The Guardian reports on allegations that Trump has profited from memecoin ventures and used his influence to ease crypto regulations. Senators including Warren. 3. Ethereum’s recovery seen as “digital oil” amid criticism Despite still being ~50% below its 2021 high, Ethereum is being reevaluated as essential infrastructur. 4. Crypto prices dip amid broader market uncertainty Major tokens—Bitcoin, Ethereum, Solana—fell on June 17 due to risk-off sentiment. Traders are consolidating profits amid geopolitical tensions, indicating short-term caution.
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