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XRP Hit by Short Term Death Cross: What Comes Next?
XRP bearish twist emerges, but there's silver lining

U.Today 2025-06-14 13:48
Ether ETFs Break 19-Day Inflow Streak with $2.1M Outflow
U.S.-based spot Ether exchange-traded funds (ETFs) have recorded their first net outflow after a historic 19-day run of consecutive inflows . On June 13, the products collectively saw $2.1 million in net outflows, according to data from Farside Investors. The streak, which began on May 16 and excluded the May 26 Memorial Day holiday, marks the longest since Ether ETFs launched in July 2024. Over the course of this inflow streak, spot Ether ETFs attracted around $1.37 billion in new investments, accounting for nearly 35% of their total net inflows of $3.87 billion to date. Notably, on June 11, the funds posted their highest single-day inflow in over four months at $240.3 million. The previous inflow streak record stood at 18 days, ending on December 19, 2024, amid a wave of optimism following Donald Trump’s return to the U.S. presidency. The latest 19-day streak edged out that record by a single trading day. Streak Ends, But Ether Sentiment Remains Upbeat Despite the influx of capital, Ether’s price has not shown a corresponding rally. According to a June 13 analysis from ZeroHedge, Ether is currently trading below the $2,620 level it held at the start of the streak on May 16. The muted price action has fueled ongoing discussions within the industry around the need for staking capabilities in Ether ETFs. BlackRock’s Head of Digital Assets, Robbie Mitchnick, emphasized this point back in March, calling Ether ETFs “less perfect” without staking. Many analysts agree that enabling staking rewards within the ETF framework could drive greater investor interest, aligning the product more closely with the core appeal of Ethereum’s proof-of-stake model. Still, sentiment remains positive. Santiment analyst Brian Quinlivan noted on June 11 that optimism toward Ethereum is growing. “More and more eyes have turned to Ethereum,” he said, highlighting that Ether has been gradually recovering since mid-April alongside the broader crypto market. Major Purchase Highlights Institutional Interest Adding to the momentum, SharpLink Gaming made headlines on June 13 by acquiring 176,271 ETH, valued at $463 million. The purchase makes the sports betting platform the world’s largest publicly traded holder of Ethereum. The purchase underscores growing institutional confidence in the asset despite its historical underperformance in Q3—where Ether has averaged a modest 0.88% return since 2013, according to CoinGlass. The post Ether ETFs Break 19-Day Inflow Streak with $2.1M Outflow appeared first on TheCoinrise.com .

The Coin Rise 2025-06-14 13:45
Bitcoin Mining Companies Thrive with Record Profits in 2025
US Bitcoin mining companies showed record profits in 2025's first quarter. High Bitcoin prices and increased institutional interest drove profitability. Continue Reading: Bitcoin Mining Companies Thrive with Record Profits in 2025 The post Bitcoin Mining Companies Thrive with Record Profits in 2025 appeared first on COINTURK NEWS .

CoinTurk News 2025-06-14 13:45
Pi Price Prediction for June 15, 2025: Can Pi Network Regain Momentum Above $0.60 After Deep Selloff?
The Pi Network price today is trading near the $0.5830 level after a volatile two-day recovery from sub-$0.45 lows. This sharp rebound follows a long stretch of steady declines that were accelerated by a liquidity-induced selloff on June 13. With price now hovering below key resistance levels, bulls face the task of reclaiming lost ground while navigating overhead supply clusters and trendline resistance. What’s Happening With Pi Network’s Price? Pi Network price dynamics (Source: TradingView) The recent Pi Network price action reflects an aggressive bounce after price fell from $0.64 to a low of $0.3969 within a single 4-hour candle on June 13. The wick-based recovery, visible on the 4-hour and 30-minute charts, was supported by strong volume absorption at the 0% Fibonacci retracement level and coincided with a short-term bottom formation. Since then, Pi has stabilized near the 0.618 Fib retracement around $0.5510 and is now attempting to build a higher base. On the daily timeframe, the Pi Network price update shows consolidation just beneath the 0.786 Fib level of $0.5936, which has emerged as immediate resistance. Pi Network price dynamics (Source: Tradi… The post Pi Price Prediction for June 15, 2025: Can Pi Network Regain Momentum Above $0.60 After Deep Selloff? appeared first on Coin Edition .

Coin Edition 2025-06-14 13:45
Rumors that Chinese Tech Giant Tencent Will Acquire the Company Behind This Altcoin Listed on Binance Have Been Denied – Insider Source Speaks Out
The Chinese technology giant responded to the claims that “Tencent is planning to buy Nexon”, which have been on the agenda in the gaming world in recent days. According to information provided by a source close to Tencent, it was stated that the company neither contacted the family of Nexon founder Kim Jung-ju nor made any evaluations regarding the purchase of Nexon. Recently, some media outlets published reports that Shenzhen-based Tencent was considering purchasing South Korean game developer Nexon at a valuation of US$15 billion (approximately 107.7 billion yuan) and had sought the opinion of the founding family in this regard. Related News: What to Expect This Weekend in Bitcoin and Altcoins Following the Iran-Israel Conflict? In previous allegations, it was claimed that Tencent wanted to acquire Nexon, which was founded in South Korea in 1994 and went public in Japan in 2011, in order to further consolidate its strong position in the gaming industry. Known for its role-playing games, Nexon has gained a large fan base, especially with “MapleStory.” The company announced the “MapleStory Universe” project, the Web3 version of this iconic game, on the Avalanche network in March. The native token of this new version, NXPC, was listed on major cryptocurrency exchanges such as Binance, Bybit, Bitget, Upbit and Bithumb in mid-May. *This is not investment advice. Continue Reading: Rumors that Chinese Tech Giant Tencent Will Acquire the Company Behind This Altcoin Listed on Binance Have Been Denied – Insider Source Speaks Out

BitcoinSistemi 2025-06-14 13:41
Unlocking Europe: Coinbase & Gemini Poised for Crucial EU Crypto Licenses
BitcoinWorld Unlocking Europe: Coinbase & Gemini Poised for Crucial EU Crypto Licenses The European Union (EU) market represents a significant opportunity for global cryptocurrency platforms. Recent reports suggest that two major U.S.-based crypto exchanges, Coinbase and Gemini, are on the verge of securing crucial EU crypto licenses . This development signals a major step for these platforms in expanding their reach across the 27-nation bloc under the new Markets in Crypto-Assets Regulation (MiCA). Why Are Coinbase and Gemini Pursuing EU Crypto Licenses? Operating legally and compliantly is paramount for cryptocurrency exchanges seeking long-term sustainability and growth, especially in established financial markets like Europe. The EU, with its unified market and substantial user base, presents a lucrative target. However, navigating the regulatory landscape has historically been complex, with differing rules across member states. The introduction of MiCA regulation EU aims to harmonize these rules, creating a clearer framework for crypto asset service providers (CASPs). For exchanges like Coinbase and Gemini, obtaining a license under MiCA is not just about market access; it’s about building trust, offering services legally, and ensuring consumer protection across the entire region. Securing an EU crypto license from one member state allows a firm to ‘passport’ its services, meaning it can operate across all other EU countries without needing separate licenses in each one. This ‘one-stop shop’ approach is a game-changer for international firms. Coinbase EU License and Gemini EU License: The Path Under MiCA Sources familiar with the matter have indicated that both Coinbase and Gemini are likely candidates to receive their initial EU licenses soon. Specifically, Reuters reported that Gemini is expected to secure its first license in Malta, while Coinbase is looking towards Luxembourg for its initial approval. This strategic approach – obtaining a license in one jurisdiction with a clear regulatory stance and then passporting – is a common tactic under MiCA. Malta has positioned itself as a welcoming jurisdiction for crypto businesses, while Luxembourg is a well-established financial hub within the EU. Securing a Coinbase EU license and a Gemini EU license from these respective countries would unlock the broader European market for their services, including trading, custody, and potentially other crypto-related offerings. For users in Europe, this could mean increased access to services from these major global players, potentially leading to more competitive fees, a wider range of assets, and enhanced security features offered by established platforms. Understanding the MiCA Regulation EU Framework MiCA is a landmark piece of legislation designed to provide legal certainty for crypto assets and related activities within the EU. It covers various aspects, including: Licensing: Requiring CASPs (like exchanges) to obtain authorization. Consumer Protection: Setting rules around transparency, disclosure, and investor rights. Market Integrity: Preventing market abuse and manipulation. Stablecoins: Establishing specific rules for stablecoins and e-money tokens. Passporting: Allowing firms licensed in one member state to operate across the EU. The regulation took effect in stages starting in 2023, with most key provisions becoming applicable in late 2024. The push by major crypto exchanges Europe -wide to secure licenses reflects the imminent full implementation of MiCA’s requirements. The Challenge of Regulatory Divergence While MiCA aims for harmonization, the Reuters report highlights a crucial challenge: a growing divergence among national regulators within the EU regarding the pace and criteria for regulatory approval. Even with a unified framework, the interpretation, application, and speed of processing license applications can vary significantly from one country to another. This divergence can create uncertainty and potential delays for firms like Coinbase and Gemini navigating the licensing process. Factors contributing to this might include: Different levels of experience or resources within national regulatory bodies. Variations in how specific MiCA provisions are interpreted locally. National specificities or priorities related to financial stability or consumer protection. Despite these variations, the underlying goal of MiCA is to ensure a consistent standard of regulation across the bloc, ultimately benefiting both businesses and consumers by creating a more predictable environment for crypto exchanges Europe relies on. What Does This Mean for Crypto Exchanges in Europe? The potential entry of Coinbase and Gemini, two of the world’s largest crypto exchanges, operating under a unified MiCA license, could significantly impact the European crypto market. It would likely increase competition among existing European players and provide EU users with more choices from globally recognized brands. For Coinbase and Gemini, obtaining an EU crypto license represents access to a vast, unified market of over 400 million people. This expansion is critical for their global growth strategies, especially as they navigate regulatory environments in other parts of the world. This development also underscores the increasing mainstream acceptance and regulatory maturation of the crypto industry in major economic blocs. As more large players secure licenses, it could pave the way for further institutional adoption and broader integration of crypto assets into the European financial ecosystem. Conclusion: A New Era for Crypto in the EU The anticipated approval of Coinbase EU license and Gemini EU license under the MiCA framework marks a pivotal moment for the cryptocurrency industry in Europe. While challenges like regulatory divergence persist, the overarching trend is towards greater clarity, compliance, and market access. This move by major U.S. exchanges highlights the growing importance of the EU market and the transformative potential of the MiCA regulation in creating a harmonized and regulated environment for crypto exchanges Europe -wide. As these platforms establish their presence, it promises to bring more options and potentially greater confidence for users engaging with digital assets across the continent. To learn more about the latest crypto market trends and regulatory developments, explore our articles on key developments shaping the future of crypto exchanges Europe and beyond. This post Unlocking Europe: Coinbase & Gemini Poised for Crucial EU Crypto Licenses first appeared on BitcoinWorld and is written by Editorial Team

Bitcoin World 2025-06-14 13:40
Exploring the Potential Windfall from an XRP ETF Approval: Top Cryptocurrencies to Watch
Amidst bubbling excitement about the prospective approval of an XRP ETF, certain cryptocurrencies stand out due to their robust community support and innovative use cases. Among these are Pi Network (PI), Dogecoin (DOGE), and Cardano (ADA), but one particular token, FloppyPepe (FPPE) , is making impressive strides. An Overview of FloppyPepe (FPPE) Emerging as an entrant in the altcoin rally, FloppyPepe (FPPE) captures attention with its inventive AI capabilities and meme culture appeal. This SolidProof audited coin integrates tools like Meme-O-Matic and FloppyAI, which offers real-time trading insights and Twitter trend analyses, enriching its investment allure. With a unique “Floppynomics” model that ensures deflation and value increase through a 1% transaction burn, FPPE is not only a token but a phenomenon in the making. Prospects of XRP ETF Approval With major entities like Grayscale and Franklin Templeton stepping into the ETF ring, optimism grows within the cryptocurrency sphere. The betting odds on platforms such as Polymarket have seen the likelihood of an approval by 2025 escalate, with recent figures pointing to 88% confidence among investors. Turning the Spotlight on Pi Network (PI) A notable movement in Pi Network (PI) is evident, with chart patterns indicating a potential breakthrough. If PI surpasses the psychological $1.00 barrier, a swift ascent to $1.6708 is possible—a notable 160% leap from its present valuation. The Phenomenal Rise of FloppyPepe (FPPE) Currently, FloppyPepe (FPPE) is in the throes of a promising presale, priced attractively at $0.00000035. The presale stages offer progressively advantageous terms, with a staggering 80% bonus for early participants who use the promo code “FLOPPY80”. This strategic pricing and presale model makes FPPE an attractive investment for those looking to capitalize on the anticipated XRP ETF approval. Conclusion: A Strategic Time for Altcoin Investments As the cryptocurrency market teeters on the edge of a possibly transformative XRP ETF approval, Pi Network, Dogecoin, Cardano, and FloppyPepe represent pivotal investments. Each brings a unique blend of innovation, community backing, and market positioning, making them prime candidates for portfolio inclusion at this juncture. Join the FloppyPepe (FPPE) presale and community: Website | Whitepaper | Telegram | X (Twitter) Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice.

Bitzo 2025-06-14 13:34
Top Crypto Picks To Buy Now Amid XRP ETF Approval Expectations
As anticipation builds around a potential XRP ETF approval, investors are turning to promising altcoins like Pi Network (PI), Dogecoin (DOGE), Cardano (ADA), and FloppyPepe (FPPE) , all of which could benefit from the bullish sentiment that follows. Backed by strong communities, distinct use cases, and rising momentum, these tokens are quietly positioning themselves as top picks in the current crypto landscape. FloppyPepe (FPPE): The AI Meme Coin Quietly Building A Storm Amid growing expectations of an XRP ETF approval, FloppyPepe (FPPE) is emerging as a top contender poised to benefit from the altcoin surge. Styled as a next-gen meme coin with functional AI, the token blends satire, utility, and early-stage firepower to entice risk-hungry investors. In fact, analysts are backing it as the next “ AI Gem ” after Virtual Protocol to explode portfolios by over 85,000%, even before Pi Network (PI), Dogecoin (DOGE), and Cardano (ADA), making it the best pick among them. But beyond numbers, it’s the architecture of the project that’s making market watchers take notice. The SolidProof audited project introduces features like Meme-O-Matic and FloppyAI, an AI tool that delivers live trading insights and analyzes Twitter trends in real time. FloppyPepe (FPPE) also runs on a tax-based model called “Floppynomics”, which burns 1% of each transaction to create deflation and price value in the long run. XRP ETF Approval Odds Reach 88% In recent weeks, major asset managers, including Grayscale, Franklin Templeton, and Bitwise, have submitted applications for a spot XRP ETF. While none have been approved yet, optimism is building as key decision deadlines approach. This sentiment has been further fueled by Ripple’s proposed settlement with the SEC, which remains under court review. On the prediction platform Polymarket , the odds of an XRP ETF being approved by 2025 surged to 98% in early June, before moderating slightly to 88%. This growing confidence has contributed to a slight surge for altcoins. Pi Network (PI): Classic Chart Patterns Signal Potential Breakout Pi Network (PI) is also gaining attention as a top crypto pick among investors, especially with expectations of an XRP ETF approval fueling fresh momentum across the market. The bullish sentiment is driven by a classic bullish “ double-bottom ” pattern forming on Pi Network’s (PI) weekly price chart. According to analysts, Pi Network (PI) is gearing up for a potential breakout that could deliver significant gains. A confirmed breakout above the key psychological resistance at $1.00 could send Pi Network (PI) toward the $1.6708 mark, a 160% move from current levels. FloppyPepe (FPPE) Offers The Best Entry Point With An 80% Bonus Currently in Stage 2 of its presale and priced at just $0.00000035 , FloppyPepe (FPPE) offers one of the most affordable entry points for investors looking to capitalize on potential gains ahead of the anticipated XRP ETF approval. Even better, buyers can double their token allocation by using the promo code “FLOPPY80”. Additionally, with each new presale stage, early investors will gain over 70% in potential gains, making FloppyPepe (FPPE) a compelling crypto pick for investors to buy in today’s market. Dogecoin (DOGE): Gaining Momentum at Key Technical Level Dogecoin (DOGE) is regaining upward momentum, positioning itself as a top crypto pick for investors. At the time of writing, Dogecoin (DOGE) is trading at $0.1882, reflecting a 6.61% decline in 24 hours. Despite the dip, overall market sentiment is shifting from bearish to bullish amid growing expectations of an XRP ETF approval. Dogecoin (DOGE) has reached a key technical level —the 100% Fibonacci extension, a point where many altcoins historically encounter resistance. Suppose Dogecoin (DOGE) breaks out above this level, analysts say the combined boost from XRP ETF hype could fuel significant follow-up momentum. This would reinforce Dogecoin’s (DOGE) position as a top crypto pick for investors right now. Cardano (ADA): Poised for a Breakout as Bullish Momentum Builds Cardano (ADA) is emerging as another strong crypto pick amid growing speculation around an XRP ETF approval. Currently trading at $0.7216, Cardano (ADA) has gained 3.57% in the past 24 hours, signaling renewed upward momentum. Despite recent fluctuations, the broader market trend remains bullish, with Cardano (ADA) steadily rebounding from its recent low of around $0.62. Technical indicators also point to increasing buying pressure. Prominent analyst World of Charts shared a post on X (formerly Twitter), highlighting a bullish pattern forming on Cardano’s (ADA) 2-day chart. According to the analyst, if the pattern continues to mirror historical trends, Cardano (ADA) could surge toward $1.50. Why These Altcoins Are Worth Investing In Amid XRP Approval Expectations With XRP ETF approval looking increasingly likely, fresh momentum has entered the altcoin market, setting the stage for a potential breakout. Tokens like Pi Network (PI), Dogecoin (DOGE), Cardano (ADA), and FloppyPepe (FPPE) are already showing promising signs through chart performance and presale activity. But among these top crypto picks, FloppyPepe (FPPE) stands out as the most compelling choice for both short-term gains and long-term potential. Backed by AI-powered tools, the token is uniquely positioned within the rapidly growing $66 billion AI agent market. If it captures even 1% of that market, combined with its early entry positioning, analysts say a 1,000% price surge could just be the beginning. Join the FloppyPepe (FPPE) presale and community: Website | Whitepaper | Telegram | X (Twitter) Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.

Crypto Daily 2025-06-14 13:33
Seven Asset Managers Update Solana ETF Filings to Include Staking Language Amid SEC Developments
Seven leading asset managers, including Fidelity and Grayscale, have updated their Solana ETF filings to incorporate staking provisions, signaling a strategic response to evolving SEC guidance. This development follows recent

CoinOtag 2025-06-14 13:32
64,000,000 T-Mobile Records Containing Highly Sensitive Customer Data Allegedly Leaked Online As Mobile Giant Refutes Attackers’ Claims
Hackers say they just posted a massive new trove of T-Mobile customer data online – but the details of the data dump are in question. Cyber thieves uploaded the data to a popular dark web forum, according to Cybernews. The outlet’s researchers say a sample of the data appears to contain some emails linked to prior T-Mobile breaches, along with “some new data points not seen in previous T-Mobile attacks.” But the mobile giant says the malicious actors are flat-out lying. “Any reports of a T-Mobile data breach are inaccurate. We have reviewed the sample data provided and can confirm the data does not relate to T-Mobile or our customers.” Researchers say the data contains full names, dates of birth, tax IDs, addresses, phone numbers, email addresses, device IDs, cookie IDs and IP addresses. “If this data is legitimate, exposing 64M lines of highly sensitive information poses a serious threat of identity theft/fraud, surveillance, and further, better-targeted attacks on customers.” The alleged data dump comes as 76 million T-Mobile customers begin to receive their share of a $350 million payout following a 2021 data breach and class action settlement. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post 64,000,000 T-Mobile Records Containing Highly Sensitive Customer Data Allegedly Leaked Online As Mobile Giant Refutes Attackers’ Claims appeared first on The Daily Hodl .

The Daily Hodl 2025-06-14 13:30
Crucial GENIUS Act Poised to Become First Bipartisan Legislation in Years: David Sacks
BitcoinWorld Crucial GENIUS Act Poised to Become First Bipartisan Legislation in Years: David Sacks In the often-contentious landscape of U.S. politics, finding common ground can seem like a rare event. Yet, a potential breakthrough is on the horizon, specifically within the realm of digital assets. According to insights shared by White House crypto czar David Sacks, the GENIUS Act , legislation focused on stablecoin regulation , is emerging as a significant contender to become the first piece of truly bipartisan legislation to pass through the U.S. Congress in years. This development is particularly noteworthy for the cryptocurrency industry, which has long sought clear regulatory frameworks. What is the GENIUS Act and Why Does Stablecoin Regulation Matter? The GENIUS Act (an acronym that likely stands for something specific within the legislative text, though its full name isn’t commonly cited) represents a concentrated effort to establish rules for stablecoins. Stablecoins are a type of cryptocurrency designed to maintain a stable value, typically pegged to a fiat currency like the U.S. dollar. They are crucial for the functioning of the broader crypto market, facilitating trading, lending, and payments. Effective stablecoin regulation is seen by many, including policymakers and industry participants, as essential for several reasons: Financial Stability: Ensuring stablecoins are backed appropriately and managed transparently can mitigate risks to the traditional financial system. Consumer Protection: Clear rules can protect users from potential fraud, mismanagement, or the collapse of stablecoin issuers. Market Integrity: Regulation can foster trust and encourage wider adoption of stablecoins for legitimate purposes. Preventing Illicit Finance: Establishing frameworks can help prevent stablecoins from being used for money laundering or other illegal activities. The push for the GENIUS Act underscores a growing recognition in Washington D.C. that ignoring digital assets is no longer an option. The proposed legislation aims to provide clarity on how stablecoins should be issued, managed, and supervised. David Sacks’ Perspective on Bipartisan Legislation David Sacks , a prominent figure often associated with discussions around crypto policy and venture capital, highlighted the potential of the GENIUS Act in a recent statement. His observation, shared via Cointelegraph on X, points to the unique position this bill holds in the current political climate. The fact that it is being discussed as potentially the first piece of significant bipartisan legislation to pass in a long time speaks volumes about the perceived urgency and potential consensus surrounding stablecoin regulation . Why is bipartisan legislation so rare and why is its potential passage significant? In recent years, political divisions have often led to legislative gridlock, making it difficult for major bills to gain traction and pass through both the House and the Senate with support from both Democrats and Republicans. A bill passing with bipartisan backing suggests: There is a shared understanding across the political spectrum regarding the need for action. Compromises have likely been made to address concerns from both sides. The resulting law may be more robust and have broader support, potentially leading to more stable policy long-term. For the crypto industry, David Sacks’ remarks offer a glimmer of hope that a functional regulatory framework, supported by both major parties, could finally materialize, ending some of the current uncertainty. The Crucial US Senate Crypto Vote on June 17 The GENIUS Act is reportedly up for a final vote in the US Senate crypto discussions on June 17. This date marks a critical moment for the legislation and for the future of stablecoin regulation in the United States. A successful vote would move the bill closer to becoming law, potentially setting a precedent for how other digital asset classes might be regulated in the future. Market participants, policymakers, and crypto enthusiasts are watching the US Senate crypto proceedings closely. The outcome of this vote will signal whether Congress is ready to provide the regulatory clarity that the industry has been advocating for. It will also test the willingness of politicians from opposing parties to work together on complex, emerging technologies. Potential Benefits and Challenges of the GENIUS Act While the prospect of bipartisan legislation is positive, the specifics of the GENIUS Act are what will ultimately determine its impact. Based on the goal of stablecoin regulation , potential benefits could include: Increased institutional adoption of stablecoins due to regulatory certainty. Greater innovation within a clear legal framework. Enhanced trust and confidence among consumers and businesses using stablecoins. Strengthening the U.S. position in the global digital asset landscape. However, challenges and potential drawbacks also exist: The specific requirements of the regulation could be overly burdensome for smaller stablecoin issuers. Defining which entities fall under the regulation’s scope could be complex. Balancing innovation with necessary safeguards is a delicate act. The bill’s passage is not guaranteed, despite the positive outlook shared by figures like David Sacks . The details hammered out in the legislative process, and the outcome of the US Senate crypto vote, will reveal how these potential benefits and challenges are addressed. Actionable Insights and What to Watch For For anyone interested in the crypto space, particularly stablecoin regulation , the upcoming period is critical. Here are some actionable insights: Monitor the US Senate Crypto Vote: Keep a close eye on news regarding the vote scheduled for June 17. The outcome will be the most immediate indicator of the GENIUS Act’s fate. Understand the Details: If the bill progresses, delve into the specifics of the legislation. How does it define stablecoins? What are the requirements for issuers? Which regulators are involved? Assess the Impact: Consider how the regulation might affect different types of stablecoins, decentralized finance (DeFi) protocols that use stablecoins, and the broader crypto market. Follow Bipartisan Developments: The potential passage of this bill as bipartisan legislation could set a precedent. Watch if this signals a shift in how Congress approaches crypto policy overall. Listen to Experts: Pay attention to analysis from industry experts, legal scholars, and policymakers like David Sacks to understand the nuances and implications. Conclusion: A Potential Turning Point for US Stablecoin Regulation The prospect of the GENIUS Act passing as significant bipartisan legislation , as highlighted by David Sacks , represents a potential turning point for stablecoin regulation in the United States. With a crucial vote approaching in the US Senate crypto discussions on June 17, the coming days are vital. While challenges remain, the possibility of Congress finding common ground on this critical aspect of digital finance offers hope for greater clarity and stability in the market. The outcome will not only shape the future of stablecoins but could also signal a new era of congressional engagement with the crypto industry. To learn more about the latest crypto market trends, explore our article on key developments shaping stablecoin institutional adoption. This post Crucial GENIUS Act Poised to Become First Bipartisan Legislation in Years: David Sacks first appeared on BitcoinWorld and is written by Editorial Team

Bitcoin World 2025-06-14 13:30
SEC’s Latest Action on Solana ETFs Now Mirrors the “Final Phase” of Approval
The SEC’s actions reignited Solana ETF speculations. Issuers have submitted updated filings for Solana ETFs, including staking. Users expect the SEC to approve Solana ETFs soon. The US Securities and Exchange Commission (SEC) recently took steps that triggered speculations that it would approve multiple spot Solana ETFs soon. Bloomberg’s ETF James Seyffart highlighted this development, citing the SEC’s recent, direct engagement with the firms that have filed to launch the products. UPDATE: Multiple stories broke the news earlier this week that the SEC had reached out to issuers requesting them to submit updated documents for their Solana ETFs & to include staking. As of 5 PM EST we have 6 of the 7 hopeful Solana ETF issuers that have submitted those S-1's pic.twitter.com/WqPI2jf2CW — James Seyffart (@JSeyff) June 13, 2025 This proactive move by the regulator is being interpreted as a strong bullish signal and confirmation that Solana could be the next cryptocurrency to get its own spot ETF in the United States. SEC Requests Updated Filings from All Seven Applicants According to Seyffart, the story broke earlier this week on the SEC asking is… The post SEC’s Latest Action on Solana ETFs Now Mirrors the “Final Phase” of Approval appeared first on Coin Edition .

Coin Edition 2025-06-14 13:30

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