The U.S. House Appropriations Committee has advanced a bill requiring the Treasury Department to conduct a comprehensive study on establishing a Strategic Bitcoin Reserve and digital asset stockpile. Sponsored by Representative David Joyce (R-OH), the legislation gives Treasury 90 days to report on practical feasibility, legal authority, custody architecture, cybersecurity protocols, and interagency coordination for government-held digital assets. Legal experts note that this initiative would force Treasury to address the same operational challenges faced by institutional custodians, potentially setting federal benchmarks for custody standards, key management practices, and accounting treatment of Bitcoin. The provisions build upon former President Trump’s executive order that conceptually created the reserve, now seeking to formalize it into law with detailed implementation guidelines. The bill’s progress depends on broader federal spending negotiations.
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JPMorgan Considers Crypto-Backed Loans Despite Dimon’s Past Criticism
JPMorgan is considering launching crypto-backed loans, allowing customers to use Bitcoin (BTC) and Ethereum (ETH) as collateral—a notable reversal from CEO Jamie Dimon’s earlier skepticism. The Financial Times reports the initiative could start next year, though plans remain fluid. Dimon, who once threatened to fire traders dealing in Bitcoin, has softened his stance, acknowledging crypto’s role in finance. The bank may first lend against crypto ETFs before accepting direct digital asset collateral. Competitors like Morgan Stanley are also entering the space, while Goldman Sachs remains hesitant. Regulatory progress, including a recent stablecoin bill and relaxed Federal Reserve rules, is encouraging traditional banks to engage with crypto despite lingering concerns over compliance and money laundering.
read moreTrump Media Holds $2B in Bitcoin Amid Crypto Policy Shifts
Trump Media and Technology Group, parent company of Truth Social, revealed it holds roughly $2 billion in Bitcoin and related digital assets, funded by recent $2.5 billion in fundraising. The disclosure follows the U.S. House advancing key crypto bills, including a stablecoin framework signed by former President Trump. The firm signaled it may expand its crypto holdings, reflecting a strategic push by Trump-aligned businesses to leverage favorable policy momentum. Bitcoin briefly surged past $123,000 before settling around $116,600, while Trump-linked tokens like WLFI saw significant gains. The announcement coincides with the establishment of a federal Strategic Bitcoin Reserve, hinting at broader government crypto initiatives.
read moreAltcoins Poised for Breakout as Bitcoin Hits Record High
The crypto market is buzzing as Bitcoin hits a record high of $123,091, pushing the total market cap to $2.34 trillion. Altcoins like Cardano (ADA), Lido DAO (LDO), and Ethereum Classic (ETC) are showing strong technical moves, with traders eyeing potential breakouts. Cardano’s integration into Blockchain.com’s DeFi Wallet and its growing TVL signal increasing adoption. Lido DAO continues to dominate liquid staking with $32 billion TVL, while Ethereum Classic surges 33% in a week. Regulatory clarity is also advancing, with key bills like the GENIUS Act and CLARITY Act progressing in the U.S. House. The SEC is considering targeted relief for tokenized securities, adding to the bullish backdrop for altcoins.
read moreU.S. House Passes Landmark Crypto Regulation Bills
The U.S. House of Representatives concluded Crypto Week by passing three significant digital asset regulation bills. The GENIUS Act, focused on stablecoin oversight, passed with a 206-102 vote and now heads to the President’s desk. Meanwhile, the CLARITY Act aims to clarify crypto regulations, and the Anti-CBDC Act seeks to block the Federal Reserve from issuing CBDCs. Despite bipartisan support, Senator Josh Hawley opposes the GENIUS Act, calling it a ‘giveaway to Big Tech.’ With Trump expected to sign the GENIUS Act, these bills could redefine the U.S. crypto landscape.
read moreXRP Hits $3.66 ATH, Analysts Eye $10 Amid Surge
XRP broke its previous all-time high, reaching $3.66 amid strong retail trading activity and regulatory developments, including the passage of crypto-friendly bills in the U.S. House. Analysts like Javon Marks suggest a long-term target of $10, citing fractal patterns and Fibonacci extensions. Trading volume exceeded $23 billion, with Coinbase and Kraken seeing significant retail inflows. Despite an overbought RSI (89), upward momentum persists, supported by MACD indicators. Ripple’s legal battle with the SEC also concluded, removing a key overhang for the asset.
read moreXRP & Dogecoin Surge as US Passes Key Crypto Bills
XRP and Dogecoin are spearheading an altcoin surge, with XRP up 43% in a week, driven by speculative capital and favorable U.S. policy developments. The House passed three key crypto bills, including the GENIUS Act, which aims to regulate stablecoins, and the Anti-CBDC Surveillance State Act, blocking a Fed-issued digital currency. Analysts attribute the rally to macroeconomic concerns like inflation and government spending, pushing investors toward crypto. XRP’s network growth and Dogecoin’s speculative appeal highlight the market’s risk-on sentiment, though analysts warn of volatility. Other altcoins like Curve DAO and Hedera also posted gains exceeding 40%.
read moreU.S. House Passes GENIUS Act, First Federal Crypto Law
The U.S. House passed the GENIUS Act, the first federal crypto law, with 308 votes in favor, sending it to the president for final approval. The bill creates a regulatory framework for stablecoins, requiring 100% reserves, audits, and issuer registration while banning algorithmic stablecoins. Alongside, the House approved the CLARITY Act (294-134), expanding CFTC oversight, and the Anti-CBDC Surveillance State Act (219-210), restricting central bank digital currencies. The GENIUS Act introduces a dual licensing model, balancing state and federal oversight, with implementation set for 2026. The bill faced delays due to Republican disputes over CBDC language but ultimately gained bipartisan support, reflecting a rare consensus on crypto policy.
read moreU.S. ‘Crypto Week’ Could Shape Digital Asset Future
From July 14–18, the U.S. House of Representatives is holding ‘Crypto Week,’ a dedicated session reviewing three major bills: the GENIUS Act (stablecoin regulation), CLARITY Act (digital asset definitions), and Anti-CBDC Act (banning a U.S. central bank digital currency). These proposals aim to address regulatory gaps while balancing innovation and consumer protection. Bitcoin and Ethereum prices remain stable amid the discussions, reflecting cautious optimism. Meanwhile, meme-Fi tokens like FloppyPepe (FPPE) are gaining traction due to their utility-driven models. The outcome of this legislative push could determine the future of crypto adoption in the U.S., with potential impacts on stablecoins, DeFi, and institutional participation.
read moreHouse Passes Key Crypto Bills After Marathon Vote
The U.S. House of Representatives voted 217-212 to advance three major crypto bills—the GENIUS Act (stablecoin regulation), CLARITY Act (market structure), and Anti-CBDC Surveillance State Act—after a record-breaking procedural standoff. The breakthrough followed concessions to conservative Republicans, including attaching the Anti-CBDC Act to the must-pass NDAA. Former President Trump played a role in securing GOP support. The crypto industry hailed the move as a critical step toward regulatory clarity, with the GENIUS Act poised for a final vote. Opposition persisted from some Republicans, including Rep. Marjorie Taylor Greene, who criticized CBDCs as a ‘mark of the beast.’ The vote signals growing legislative momentum for crypto governance in the U.S.
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