Bitcoin's big Jul. gains in focus
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US President Trump is expected to sign the GENIUS Act on Friday, the first major crypto legislation passed by Congress, into law. Yahoo Finance Senior Reporter Ines Ferré outlines the latest. Check out Yahoo Finance's interview with Congressman Mike Haridopolos (R-FL) just after the House passed the GENIUS Act here.
Some industry watchers point to an imminent Bitcoin correction, despite US lawmakers passing three key bills to provide more clarity for the cryptocurrency industry.
Ether, the second largest cryptocurrency after Bitcoin, continued to surge Friday after the House of Representatives approved three crypto-friendly bills that could give digital assets increased legitimacy.
Crypto market surges past $4 trillion following US Congress passes GENIUS Act regulating stablecoins
Lido DAO (LDO) edges higher by over 5% at press time on Friday, extending its five consecutive days in the green. LDO gains momentum following BitGo's announcement on Thursday of native Ethereum (ETH) staking via Lido for its institutional clients.
Backers of the Genius Act, a potentially landmark bill that could help "stablecoins" go mainstream, say it would greatly speed electronic payments.
The Bitcoin price continued to consolidate today, July 16, as the recent bull run took a breather, and traders await the vote on the GENIUS Act in the
Zack Shapiro, head of policy at the Bitcoin Policy Institute, breaks down the three crypto-related bills currently sitting in the U.S. House of Representatives.
At the start of the House's "Crypto Week," Bitcoin's price reached a record high. What to know about the GENIUS Act and other cryptocurrency bills.
The Trump administration is actively exploring a de minimis tax exemption for Bitcoin transactions to eliminate barriers to everyday Bitcoin and crypto use,