Author: Digicoinvision

Top Stories of The WeekCrypto execs center stage as Trump signs stablecoin bill into lawUS President Donald Trump signed one of the first bills related to crypto and blockchain of his administration into law on Friday after delays due to debates in the House of Representatives and Senate.In a Friday signing ceremony attended by many cryptocurrency company executives and high-ranking Republicans, including Vice President JD Vance and House Speaker Mike Johnson, Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law.The president acknowledged the support of several crypto figures in attendance, including Kraken co-CEO David…

Block Inc. (NYSE: XYZ) will join the S&P 500 index effective before the market opens on Wednesday, July 23, 2025. This development underscores Block’s growing influence in the financial sector and its commitment to integrating cryptocurrency into mainstream finance. Block Inc., formerly known as Square, was co-founded by Jack Dorsey in 2009 as a financial […]

Tether will issue USDT in the U.S. under the GENIUS Act’s foreign issuer framework. A second, U.S.-compliant stablecoin is being developed for domestic regulatory alignment. Circle affirms the GENIUS Act supports its audit-based compliance model and existing reserves. Tether will begin issuing USDT within the United States under a new legal system following President Donald Trump’s signing of the GENIUS Act on Friday. The company also confirmed plans to launch a separate U.S.-based stablecoin to meet domestic compliance requirements. Speaking at the White House following the signing, Tether CEO Paolo Ardoino announced that the company will comply with the “foreign…

Chainlink is entering a pivotal moment in its market cycle, with bullish sentiment returning after a prolonged period of underperformance. Since late June, LINK has surged over 70%, marking its strongest rally in months and reigniting investor confidence. The price action signals that this could be more than just a relief bounce—it may be the start of a broader recovery trend. Related Reading Market participants are paying close attention, especially as fresh on-chain data from Santiment reveals a surge in whale accumulation. Addresses holding large amounts of LINK have been steadily increasing their positions, a trend often associated with confidence…

The GENIUS Act contains a little-noticed clause that prevents technology giants and Wall Street behemoths from dominating the stablecoin market, according to Circle Chief Strategy Officer Dante Disparte.“The GENIUS Act has what I’d like to call — just for my own legacy sake — a Libra clause,” Disparte told the Unchained podcast on Saturday. Any non-bank that wants to mint a dollar-pegged token must spin up “a standalone entity that looks more like Circle and less like a bank,” clear antitrust hurdles and face a Treasury Department committee with veto power over the launch.Banks don’t get a free pass either.…

Ethereum is holding firm above the $3,500 level, a key support reclaimed last Friday, signaling renewed strength in the market. After surging over 70% since late June, ETH appears to have entered a new bullish phase driven by rising demand and institutional interest. The momentum has shifted clearly in favor of the bulls, with technical structure and price action aligning to support further upside. Related Reading Adding to the bullish outlook, CryptoQuant data shows that Ethereum open interest has reached an all-time high, pointing to growing trader activity and rising capital in ETH derivatives markets. This surge in open interest…

The blobs are coming: Dencun will go live on Goerli at 6:32 UTC on January 17, 2024.Dencun will be Goerli’s last upgrade before core teams stop supporting it. More on this in a previous post.Assuming the Goerli upgrade goes well, the Sepolia and Holesky testnets will activate Dencun over the next few weeks.To receive an email alert for network upgrade announcements, subscribe here. The Dencun network upgrade is scheduled to activate on the Goerli testnet at 6:32 UTC on January 17, 2024. The upgrade includes several changes, most notably the introduction of ephemeral data blobs with EIP-4844, also known as…

Optimistic regulatory expectations became the focal point for cryptocurrency investors this week, following an event dubbed by the US government as “Crypto Week,” during which lawmakers sought to pass three key regulatory bills for the Web3 industry.Fueled by the optimistic outlook, Bitcoin (BTC) flipped Amazon’s $2.3 trillion market capitalization and soared to become the world’s fifth-largest asset by total value.Regulators passed the three key bills amid Republican concerns with central bank digital currencies (CBDCs).In a Thursday House session, lawmakers voted 294-134 to pass the Digital Asset Market Clarity (CLARITY) Act, a bill aimed at establishing a market structure for cryptocurrencies,…

Coinsilium Group Limited has expanded its Bitcoin treasury to 112 Bitcoin following a £920,000 purchase executed through its wholly-owned Gibraltar subsidiary, Forza Gibraltar Limited. The latest acquisition of 10.2489 Bitcoin at an average price of £89,765.73 per Bitcoin ($120,538.77) represents the company’s continued commitment to its Bitcoin-focused treasury strategy.  The digital asset venture builder, which has been operating in the blockchain sector since 2015, established Forza Gibraltar Limited specifically to manage its Bitcoin treasury operations. The subsidiary’s total Bitcoin holdings now stand at 112.0009 Bitcoin, with an aggregate average purchase price of £81,710.15 per Bitcoin ($110,677.77), bringing the total value…

Nearly half of all crypto-related mentions on social media this week centered around Bitcoin as it hit new highs, a level of dominance that may signal a local top and a potential short-term pullback, according to sentiment platform Santiment.“As Bitcoin’s market value crept above $123.1K for the first time in its 17+ year history, there was an equally historic social dominance spike,” Santiment analyst Brian Quinlivan said in a report on Wednesday.Surging Bitcoin chatter has led to price dips“43.06% of all crypto discussions were about $BTC just as the coin’s market value was peaking,” Quinlivan added. Quinlivan said that “the…