The total market cap for all cryptoassets surged past $4 Trillion for the first time ever last night, driven by a rally after the House of Representatives passed a series of pro crypto legislation.
| | | | $4 Trillion | The total market cap for all cryptoassets surged past $4 Trillion for the first time ever last night, driven by a rally after the House of Representatives passed a series of pro crypto legislation (covered in story below). Interestingly, that’s about the same amount of money the Big Beautiful Bill increases our debt by… Read more → | House Passes All Three Crypto Bills | Yesterday, The House passed three key crypto bills: | The GENIUS Act (308-122) for stablecoin legislation and the most important bill of the three. The CLARITY Act (294-134), a crypto market structure bill. The Anti-CBDC Surveillance Act (218-210), which is obvious what it is. | President Trump is expected to sign the GENIUS Act stablecoin bill into law at a White House ceremony today. Crypto markets predictably rallied. Read more → | Crypto 401ks | Yesterday, the Financial Times reported that President Trump is preparing to sign an EO that would allow the $9 trillion US retirement market to invest in alternative assets such as gold, precious metals, private equity, and crypto. In May, the Department of Labor quietly reversed a rule that discouraged bitcoin and other crypto in retirement plans. But even still, today most 401(k)s are housed in mutual funds with zero exposure to crypto despite all these new Bitcoin ETFs. Overall, this change could represent a radical shift in how American’s can invest their savings. Read more → |
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| | Coinbase’s new super app Base is a game changer Link» Tether's USDT sets new record market cap above $160 billion Link» Coinbase (COIN) officially hits ATH Link» Charting Crypto Report Q3 Link» |
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