🌌 Senate Stunner, AI Deepfake Ban, Binance Fights FTX.Bitcoin Rally Follows
⚡ CryptoTrendz - 📌 Hottest Topics in the Last Few Hours!:
Ripple partners with Zand Bank & Mamo, boosting its $70B network in UAE. GENIUS Act clears Senate with 15+ Democrats flipping. Trump signs AI deepfake porn bill. Bitcoin nears $120K breakout as momentum stays strong. Stablecoin bill advances, too. ✨Here’s an overview:
🔖 Bitcoin & Market Trends:
🔹Bitcoin briefly surged past $106K before a pullback, showing stable momentum (source).
🔹Analysts predict a breakout to new all-time highs but with caution (source).
🔹Glassnode highlights a key level to watch in the short term (source).
🔹The market update notes spot demand rising while short-term profits slow (source).
🔹Some dismiss concerns over a double top at $107K (source).
🔖 Regulation & Legal:
🔹A stablecoin bill passed a major hurdle, signaling regulatory progress (source).
🔹Trump signed a bill criminalizing nonconsensual AI deepfake porn (source).
🔹The Senate saw 15+ Democrats support the GENIUS Act in a key vote (source).
🔹A South Korean presidential candidate proposed a won-based stablecoin (source).
🔖 Corporate Moves & Lawsuits:
🔹Binance seeks dismissal of FTX’s $1.76B clawback suit, calling it legally deficient (source).
🔹Genesis filed lawsuits to recover $3.3B from DCG and Barry Silbert (source).
🔹Ripple expanded its UAE reach by adding Zand Bank and Mamo (source).
🔹Michael Saylor encourages Metaplanet to buy more Bitcoin (source).
🔖 Security & Scams:
🔹Ripple is warning about new XRP scams targeting users (source).
🔹A report reveals $330M was stolen through social engineering, not hacking (source).
🔹Coinbase’s data leak could put users at physical risk, warns a TechCrunch founder (source).
🔹Binance’s founder shares key questions every crypto investor should ask (source).
🔖 Altcoins & Blockchain Updates:
🔹Ripple’s XRP made a crucial price comeback, sparking hope among holders (source).
🔹Bitcoin is nearing record highs, with some eyeing a $120,000 breakout (source).
🔹A Bitcoin golden cross is expected in days, indicating key price levels (source).
🔹Arthur Hayes predicts Bitcoin will soar as US borrowing increases (source).