Stablecoin bill just cleared a major hurdle

Stay up to date on last week’s biggest crypto news in under 2 minutes—quick, clear, and easy to digest. ⚡⚡⚡

In today’s newsletter:

• 1 minute market analysis

• The biggest story of last week

• Quick tech analysis - BTC & ETH

• Major crypto headlines and tweets

• Meme of the week

Biggest Story: Stablecoin Bill Moves Forward 📜

The GENIUS Act, a bipartisan stablecoin regulation bill, has passed the Senate Banking Committee (18-6) and is moving toward a full Senate vote. If signed into law, it will clarify state vs. federal oversight for stablecoin issuers and create a more defined regulatory framework for crypto payments. Industry leaders see this as a significant step in the U.S. embracing digital assets.

🔹 Why It Matters: This could be the most crypto-friendly regulation to pass in years, setting the foundation for broader stablecoin adoption in global finance.

🔹 What’s Next: A full Senate vote is expected in the coming weeks. Stay tuned.

Bitcoin Strategic Reserve: Still Relevant?

The Bitcoin Strategic Reserve (BSR) was officially announced earlier this month, yet $BTC.X ( ▲ 1.67% ) price action remained muted. Traders seemed to expect the U.S. government to market-buy 1 million BTC daily—an unrealistic assumption. Here’s what the executive order actually means:

• The U.S. government now recognizes Bitcoin as a strategic asset.

• Bitcoin and altcoins are now separated in U.S. policy—only BTC will be accumulated, while altcoins seized by authorities won’t be sold.

• Budget-neutral strategies for further BTC acquisition are being developed (which could mean selling assets like gold or real estate in exchange for BTC).

The market currently does not expect the government to buy any Bitcoin, so when they do, expect shockwaves to hit the charts.

Top Crypto Headlines 🗞️

🔹 Russia’s Crypto Oil Trade
Russia has started selling oil in Bitcoin, Ether, and stablecoins—completely bypassing the U.S. dollar. Middlemen convert yuan or rupees into crypto, then funnel it to Russian accounts. Though it’s a small fraction of Russia’s $192 billion oil trade, it’s growing, proving that crypto is playing a role in global finance.

🔹 Rumble Follows Up With $17M Bitcoin Buy
The video-sharing platform Rumble has officially allocated $17.1 million into 188 BTC. CEO Chris Pavlovski called it “a hedge against inflation.” Another Nasdaq-listed company adding Bitcoin to its balance sheet? Bullish.

🔹 Binance Raises $2 Billion
A technology-focused investment firm in Abu Dhabi, MGX, has invested $2 billion in Binance for a minority stake. This marks the largest-ever crypto investment transaction paid entirely in stablecoins.

🔹 Trump Family + Binance?
A WSJ report claims Trump’s family, through World Liberty Financial, is negotiating a stake in Binance US. CZ denied the claims, calling the story "factually wrong." Regardless, speculation is growing on whether a Trump-era crypto regulatory shift could benefit Binance.

Technical Analysis 📊

📉 Bitcoin's Weekly Chart Shows a Reversal Zone

• $BTC.X ( ▲ 1.67% ) recently closed below the weekly Kijun-Sen line, signaling potential further downside.

• The monthly Ichimoku chart has strong support at $80,100, but if it breaks, we could see $65K BTC before any reversal.

📊 Ethereum Oversold & Ready to Rip?

• $ETH.X ( ▲ 13.17% ) ’s 90-day MVRV ratio has been negative for weeks, meaning most holders are at a loss.

• Historically, deeply negative MVRV values signal market bottoms.

• The last time ETH was this oversold was July 2022, followed by a 70% rally.

MEME OF THE WEEK

WHAT’S TRENDING @ 𝕏

Final Thoughts

📢 Stay patient.

• Bitcoin dominance remains high – expect a strong altcoin season soon?

• Institutional interest is growing – AI and meme tokens lead 2025 gains.

• Watch out for scams – protect your portfolio from emerging threats.

🔥 Your Turn:

Have market insights or analysis to share? Reply to this newsletter with your thoughts, and we'll feature the most valuable contributions in our next issue.

1  Risk Disclaimer: Market analysis provided is for informational purposes only. Cryptocurrency and meme asset investments carry significant risks. Past performance does not indicate future returns.