🏙️ Crypto Turmoil, Power Plays, and a Brewing Stablecoin Showdown
⚡ CryptoTrendz - 📌 Fresh Trendz: Just In!:
Scathing CFPB exit email stirs political waves as Korea dives into the stablecoin debate. California’s crypto law raises investor alarms. Ethereum eyes a golden cross. Bitcoin’s quiet rally hints at liftoff. Bullish files IPO as crypto demand soars post-Trump pivot. ✨We’ll now walk through:
🔖 Regulation & Legal:
🔹The CLARITY Act has advanced through two House Committees and is now set for a House vote (Source).
🔹California’s dormant crypto law AB 1052 raises concerns over digital assets’ safety (Source).
🔹Rep. Timmons is pressing the SEC for documents on its Ethereum regulation strategy (Source).
🔹Ukraine’s parliament is reviewing a bill on crypto asset reserves (Source).
🔖 Market Trends & Analysis:
🔹Analysts predict a possible “altcoin ETF summer” with upcoming SEC approvals in July (Source).
🔹Bitcoin’s calm rally could pave the way for a significant breakout, according to experts (Source).
🔹Bitcoin may face challenges in Q3 as focus shifts to Ethereum’s growth (Source).
🔹A crypto analyst forecasts an epic upward phase for Bitcoin in the coming months (Source).
🔖 Company Moves & Industry News:
🔹Bullish, backed by Peter Thiel, has filed for a US IPO amid increased crypto demand (Source).
🔹Circle is now publicly listed in the US as stablecoins gain fintech traction (Source).
🔹Coinbase is facing an account freezing crisis, highlighting risks in centralized exchanges (Source).
🔹The CFPB’s top enforcer exited with criticism of Trump’s policies (Source).
🔖 Blockchain & Technology:
🔹Ethereum’s daily chart shows a golden cross, fueling speculation about a new all-time high (Source).
🔹Ripple CTO confirmed a significant Q2 development for XRPL (Source).
🔹Tron saw a $1B USDT inflow but experienced a lending TVL drop (Source).
🔹Ripple’s CEO has shifted his stance on Dogecoin (Source).
🔖 Security & Crime:
🔹Elite footballers have been implicated in a $3.4M crypto fraud case (Source).
🔹The Librarian Ghouls hacker group is targeting Russians to mine cryptocurrencies (Source).
🔹The Bank of Korea Governor is set to meet with bank chiefs as stablecoin debates intensify (Source).