Currently there’s a delay with the bill being voted on. Don’t be fooled. It’s for pomp and circumstance. It’s s show. I’ll be shocked if the GENIUS Act isn’t signed this week.
A federal law on stablecoins is most likely going to signed.
Those who struggle with American government (although it’s a requirement to graduate with a high school diploma 🥴) don’t realize how big this is.
You would think some of the Bitcoin maxis (especially the loud ones who comment a lot) would’ve figured out a “blues clue” when stablecoins were mentioned countless times at the BTC conference in Las Vegas this year. Stablecoins at a Bitcoin conference? Make it make sense.
🥴
You just can’t make this up. Especially considering Bitcoin was created to bypass financial institutions. In 2025, financial institutions got their hands all up in Bitcoin. 🥴
How did the price of Bitcoin magically increase by $10k in a week? It couldn’t be the “normal” measures of supply and demand. Let’s just call it what it is…market manipulation.