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Texas Leads Crypto Innovation with Strategic Bitcoin Reserve

Texas Leads Crypto Innovation with Strategic Bitcoin Reserve

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Historic Legislation: Texas became the first U.S. state to establish a state-backed Bitcoin reserve through Senate Bill 21, signed into law on June 21, 2025. Purpose: The reserve aims to hedge against inflation and diversify Texas’ financial reserves, managed by the Texas Comptroller of Public Accounts. Investment Scope: The fund is limited to cryptocurrencies with an average market capitalization of at least $500 billion over the...

Bitcoin, Front page, News

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Crypto Market Surges as GENIUS Act Advances, Trump Backs Stablecoin Legislation

Crypto Market Surges as GENIUS Act Advances, Trump Backs Stablecoin Legislation

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The U.S. Senate passed the GENIUS Act, a landmark bill to regulate stablecoins, with strong bipartisan support (68-30 vote). The act aims to establish a clear regulatory framework for stablecoins, requiring 1:1 backing by liquid assets and monthly disclosures. Major crypto-related stocks, including Coinbase (COIN), Circle (CRCL), and SRM Entertainment (SRM), saw significant surges following the news. President Donald Trump...

Front page, News, Stablecoins

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U.S. Senate Passes GENIUS Act to Regulate Stablecoins

U.S. Senate Passes GENIUS Act to Regulate Stablecoins

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In a landmark move for the cryptocurrency industry, the U.S. Senate passed the GENIUS Act (S.1582) on June 17, 2025, with a decisive 68-30 vote, establishing the first comprehensive federal framework to regulate stablecoins—digital currencies like Tether (USDT) and USD Coin (USDC) designed to maintain a stable value, typically pegged to the U.S. dollar. The legislation, which cleared a procedural hurdle on June 11 with a 68-30 vote, aims to...

Crypto regulation, Front page, News, Stablecoins

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Tron Crypto Goes Public on Nasdaq

Tron Goes Public in U.S. via $210M Reverse Merger with Nasdaq-Listed SRM

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Reverse Merger Announced: Tron will go public in the U.S. through a reverse merger with SRM Entertainment, rebranding as Tron Inc. Financial Details: The deal includes a $100M equity investment, potentially rising to $210M with warrants, to buy TRX tokens for a crypto treasury. Market Impact: TRX surged 2–10% to $0.287–$0.29, with SRM’s stock soaring 533.79% on June 16, 2025. Key Players: Justin Sun will advise Tron Inc., with...

Cryptocurrencies, Front page

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Geopolitical Jitters Hit Crypto

Geopolitical Jitters Hit Crypto: How Israel-Iran War Fears Impact Bitcoin and Beyond

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Market Plunge: The crypto market shed 7% of its value, falling to $3.3 trillion, after Israel’s airstrikes on Iran on June 13, 2025. Key Declines: Bitcoin BTC dropped 5% to $103,464, Ethereum ETH fell 10% to $2,471, and altcoins like Solana SOL saw losses up to 11%. Liquidations Surge: $1.2 billion in crypto positions were liquidated as investors shifted to safe-haven assets like gold and U.S. Treasuries. Geopolitical Driver:...

Bitcoin, Cryptocurrencies, Ethereum, Front page, News

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