ProShares Debuts Leveraged XRP, Solana ETFs, but they aren't for the risk-averse.
BitcoinWorld Crucial US House Crypto Bills Set for Pivotal July Vote The cryptocurrency world is on high alert as the U.S. House of Representatives prepares for a series of pivotal votes on significant crypto bills . This legislative push could reshape the regulatory landscape for digital assets in America, impacting everything from how tokens are classified to the very future of central bank digital currencies. Are we on the cusp of clarity or complexity? What’s Happening with US House Crypto Legislation? According to Eleanor Terrett, host of Crypto in America, U.S. House Majority Leader Steve Scalise has scheduled a critical July 15 vote. This procedural vote aims to advance three major pieces of cryptocurrency legislation to the House floor, with final votes potentially taking place as early as July 16 or 17. This swift progression signals a serious intent from lawmakers to address the burgeoning digital asset space. The bills in question are: The CLARITY Act : Focused on establishing a clear market structure for digital assets. The GENIUS Act : Aimed at creating a regulatory framework for stablecoins. The Anti-CBDC Surveillance State Act : Proposing a ban on a U.S. central bank digital currency (CBDC). These legislative efforts represent a significant moment for the industry, as they could provide much-needed regulatory certainty or, conversely, impose restrictive measures. The outcome will undoubtedly influence the trajectory of innovation and investment within the United States’ crypto ecosystem. Decoding the CLARITY Act: Defining the Digital Asset Market One of the most anticipated pieces of legislation is the CLARITY Act. Its primary goal is to provide a definitive framework for the classification and regulation of digital assets. For years, the crypto industry has grappled with a lack of clear guidelines, leading to uncertainty over whether a digital asset should be considered a security, a commodity, or something else entirely. This ambiguity has stifled innovation and made it challenging for businesses to operate within legal boundaries. The CLARITY Act seeks to: Establish clear definitions for various types of digital assets. Determine which regulatory bodies (e.g., SEC, CFTC) have jurisdiction over specific assets. Create a pathway for projects to comply with regulations without stifling technological advancement. If passed, this act could bring a new era of predictability to the digital asset market , potentially attracting more institutional investment and fostering greater mainstream adoption. It’s about creating a level playing field where innovation can thrive within a regulated environment. The GENIUS Act: What Does it Mean for Stablecoin Regulation? Stablecoins have emerged as a critical component of the crypto economy, acting as a bridge between traditional finance and decentralized digital assets. However, their rapid growth has also raised concerns about stability, transparency, and consumer protection. The GENIUS Act directly addresses these issues by proposing a comprehensive framework for stablecoin regulation . Key aspects of the GENIUS Act are expected to include: Reserve Requirements : Mandating that stablecoin issuers hold adequate reserves to back their tokens, ensuring 1:1 parity with the underlying fiat currency. Auditing and Transparency : Requiring regular audits and public disclosures of reserve holdings to build trust and prevent collapses like that of TerraUSD. Licensing and Supervision : Establishing a licensing regime for stablecoin issuers, potentially under the oversight of federal banking regulators. The push for robust stablecoin regulation is a response to global financial stability concerns and the need to protect consumers. A well-regulated stablecoin market could enhance confidence in the broader crypto ecosystem, making it a more reliable and integrated part of the global financial system. The Anti-CBDC Surveillance State Act: Preventing a US CBDC Ban? Perhaps the most contentious of the three bills is the Anti-CBDC Surveillance State Act, which aims to prohibit the creation of a U.S. central bank digital currency (CBDC). The concept of a CBDC has been a topic of intense debate, with proponents citing potential benefits like faster payments and financial inclusion, while critics raise serious concerns about privacy, government overreach, and potential for surveillance. Those advocating for a CBDC ban argue that a government-issued digital currency could: Erode Financial Privacy : Allowing the government to track every transaction, potentially leading to a loss of financial anonymity. Enable Surveillance : Providing a tool for direct government control over citizens’ spending habits and access to funds. Centralize Power : Shifting significant economic power from commercial banks and individuals to the central bank. The passage of this act would signal a strong legislative stance against a U.S. CBDC, prioritizing individual privacy and decentralized finance over potential governmental control. This is a critical point for many in the crypto community who value the permissionless and private nature of existing cryptocurrencies. Why These Crypto Bills Matter to You Whether you’re an investor, a developer, or simply curious about the future of finance, these impending votes carry immense weight. The decisions made in the coming days will have ripple effects across the entire crypto landscape: For Investors : Regulatory clarity can reduce market volatility and attract more capital, potentially leading to growth. Conversely, overly restrictive laws could deter investment. For Businesses and Innovators : Clear rules of the road are essential for building sustainable businesses. Uncertainty breeds hesitation, while a defined framework can foster innovation. For the Global Standing of the US : How the U.S. regulates crypto will influence its competitiveness in the global digital economy. Other nations are watching closely. For Privacy Advocates : The CBDC debate directly impacts the future of financial privacy and the balance of power between citizens and the state. The stakes are incredibly high, and the outcomes of these votes could define the next chapter for digital assets in the United States. What Happens Next? Actionable Insights As the July 15 procedural vote approaches, followed by potential final votes on July 16 or 17, here’s what to watch for: Bipartisan Support : Will these bills garner enough support from both sides of the aisle to pass? Bipartisan backing is crucial for enduring legislation. Industry Reaction : How will the cryptocurrency industry, advocacy groups, and major players react to the results? Their response could influence future legislative efforts. Market Impact : While direct price movements are hard to predict, significant regulatory news often causes market shifts. Stay informed and be prepared for potential volatility. Global Implications : How will other countries react to the U.S. stance on crypto regulation, particularly concerning stablecoins and CBDCs? Staying informed through reliable sources like Eleanor Terrett’s updates will be key. This moment could mark a significant turning point, bringing either much-needed certainty or new challenges to the rapidly evolving world of digital finance. A Pivotal Moment for Digital Assets The impending votes in the U.S. House of Representatives on the CLARITY Act, the GENIUS Act for stablecoin regulation, and the Anti-CBDC Surveillance State Act represent a truly pivotal moment for the cryptocurrency industry. These legislative efforts aim to bring structure and clarity to a space that has long operated under a cloud of regulatory ambiguity. Whether they succeed in fostering innovation while ensuring consumer protection and financial stability remains to be seen. The outcomes will not only shape the future of the digital asset market in the United States but will also send a powerful signal to the global financial community. The world is watching as the U.S. grapples with defining its role in the digital financial revolution. To learn more about the latest crypto market trends, explore our article on key developments shaping digital asset market institutional adoption. This post Crucial US House Crypto Bills Set for Pivotal July Vote first appeared on BitcoinWorld and is written by Editorial Team
White House’s AI czar David Sacks has defended the Trump administration’s decision to reverse earlier US export curbs and allow Nvidia and AMD to resume sales of artificial intelligence chips to China. He calls it a strategic recalibration to preserve America’s global tech edge. According to an interview on Tuesday, Sacks said the move—specifically permitting Nvidia to ship its H20 chips—would help the US compete more effectively on the world stage while curbing Chinese tech giant Huawei’s efforts to dominate global markets. Strategic pivot aims to undercut Huawei and bolster US tech supremacy The US is not allowing the sale of its most advanced AI chips to China. Still, the policy aims to prevent Huawei from dominating the Chinese market and using that advantage to scale up and challenge American firms globally. According to AI chief David Sacks, the strategy is deliberately nuanced and designed to serve broader economic and national interests. The reversal is a significant win for Nvidia CEO Jensen Huang, who has spent months lobbying for relief from strict export rules. Huang met with President Trump last week to make his case directly. “Jensen has been making the case publicly for competing in China, and there are a lot of merits to the argument,” Sacks added. The meeting occurred last Thursday, as Nvidia became the first company to end a trading day with a market cap above $4 trillion . The firm edged past Apple and Microsoft to reach the symbolic milestone. The stock briefly hit that level during intraday trading on Wednesday of the same week. Trump applauded Nvidia’s stock performance in a social media post Thursday morning. “NVIDIA IS UP 47% SINCE TRUMP TARIFFS. USA is taking in Hundreds of Billions of Dollars in Tariffs,” Trump posted on Truth Social . “COUNTRY IS NOW ‘BACK.’” Nvidia, AMD score billions as Washington reverses AI chip ban Late Monday, Nvidia announced it had received assurances from the US government to resume exports of certain chips to China. Advanced Micro Devices Inc., Nvidia’s main competitor, swiftly followed with a similar statement. The approvals mark a sharp policy reversal and could bring in billions of dollars in revenue for both companies this year, just months after the Trump administration insisted the matter was non-negotiable. Nvidia expects the reinstated H20 sales to recoup billions in lost revenue this year. The chip was initially designed to meet Biden-era export control standards. Still, the Trump administration tightened restrictions in April, requiring special licenses to sell the H20 and AMD’s MI308 chip to China. The tougher rules forced Nvidia to take a $4.5 billion writedown on unsold H20 inventory in Q1, with an additional $8 billion in potential lost sales. AMD also projected an $800 million charge for Q2 2025. Addressing national security concerns, Sacks dismissed the notion that resuming sales would empower China, calling the H20 “a deprecated chip.” He warned that overly rigid restrictions could backfire, pushing US allies and neutral countries toward Chinese alternatives. “If you don’t let these countries buy American tech, you’re pushing them into China’s arms,” he said. AI exports become a bargaining chip in US-China trade talks Although Trump officials had previously ruled out compromise on AI chip exports, Sacks said the policy shift aligns with a broader strategy to build an “American AI stack” fully based on US-made chips, operating systems, and AI models. Sacks noted that it’s a zero-sum game. He continued to say that they want it all to be American-made and American-powered. Sacks insisted that if they hobbled their firms, they would give China an advantage. The decision comes after months of diplomatic back-and-forth between Washington and Beijing. In a broader trade agreement unveiled last month, the US agreed to ease restrictions on chip-design software exports in exchange for increased Chinese cooperation on rare-earth mineral sales, vital for high-tech manufacturing. Earlier Tuesday, Treasury Secretary Scott Bessent confirmed that the H20 chip restrictions had become a bargaining chip in ongoing talks, despite previous denials of such trade-offs. Bessent described the decision as a strategic bargaining tool used during negotiations in Geneva and London, suggesting it was part of a broader exchange in which both sides had leverage and mutual interests to pursue. KEY Difference Wire helps crypto brands break through and dominate headlines fast
The criminal trial of Tornado Cash co-founder Roman Storm has commenced, spotlighting critical issues around crypto privacy protocols and regulatory enforcement. Prosecutors allege Storm knowingly facilitated money laundering by North
Popular Solana-based token launch platform PumpFun may have conducted the first buyback for its token PUMP, according to onchain data. According to data from the Dumpster DAO, the project completed a buyback of approximately $2.3 million in tokens in just 20 minutes. This transaction was funded from Pump.fun’s wallet, which consists of transaction fees. Launched yesterday, the PUMP token quickly gained popularity after a $600 million initial offering (ICO) held over the weekend, which sold out in just 12 minutes. After launching, the token quickly rose into the top 65 cryptocurrencies by market capitalization and currently ranks 63rd with a market capitalization of approximately $2 billion, according to CoinGecko. This value surpasses the market capitalization of US President Donald Trump's official memecoin, TRUMP, and Sam Altman's rebranded Worldcoin project, World. Related News: Erasing the Traces of Cryptocurrency-Hostile Era in the US: Investigation into Critical Platform Ends Despite this, PUMP still lags behind its rival BONK in the Solana ecosystem in market capitalization. The two projects are in fierce competition for the launch platform market on Solana. The token has been relatively stable throughout its first day of trading, fluctuating between $0.0049 and $0.0061. Currently, the price is around $0.0055. At its peak, PUMP has risen by 65% from its ICO price. According to Dune data, following these developments, 21.6% of ICO participants sold their tokens on decentralized exchanges, while 43.4% transferred their tokens from their wallets to other wallets. *This is not investment advice. Continue Reading: According to Onchain Data, Developers in This Altcoin May Have Started Buying Their Own Altcoins
ProShares has launched the ProShares Ultra Solana ETF (SLON), a leveraged fund designed to deliver twice the daily performance of Solana, marking a significant advancement in crypto investment options. This
An investment vehicle backed by Cantor Fitzgerald is working with Bitcoin pioneer Adam Back on a new treasury company in what would be the second such deal for the investment bank.
Can TURBO hit $0.015 if the current momentum holds?
The cryptocurrency world is abuzz with the emergence of Ruvi AI (RUVI) , a promising new token that has already passed critical milestones. Unlike memecoins like Shiba Inu (SHIB) , Ruvi AI’s foundation lies in transparency, utility, and technological innovation. Analysts are optimistic, predicting that Ruvi AI could hit a valuation of $1 before Shiba Inu, offering a unique opportunity for investors who value security and real-world applications over speculation. Here’s why Ruvi AI stands out as a smarter investment choice and what makes this AI-driven token a game-changer. Built on Trust with Audit and Exchange Partnership The first thing investors seek in a cryptocurrency is trust, and Ruvi AI has delivered. Its third-party audit by CyberScope , a globally recognized blockchain security firm, ensures that Ruvi AI’s smart contracts are secure and reliable. For investors wary of the vulnerabilities often associated with emerging cryptocurrencies, this audit provides essential peace of mind. Adding to its credibility is Ruvi AI’s partnership with WEEX Exchange , a respected trading platform that guarantees post-presale liquidity . This ensures that token holders can trade their assets with confidence once Ruvi AI is publicly listed, addressing key concerns about long-term accessibility. While Shiba Inu has relied on social media hype to gain traction, Ruvi AI is building a solid foundation rooted in security, transparency, and investor reliability. Presale Performance That Signals Strength Ruvi AI’s presale is off to a fantastic start, demonstrating robust support and demand: $2.3 million raised to date, showcasing substantial financial backing. Over 185 million tokens sold , reflecting broad interest among early investors. A thriving community of more than 2,200 token holders , highlighting widespread early adoption. Currently priced at just $0.015 per token in Phase 2 , Ruvi AI is an exceptional entry-point opportunity. By the end of the presale, the token will jump to $0.07 , offering early investors a 5x ROI . Analysts forecast an even more substantial climb to $1 per token after public trading begins, resulting in an extraordinary 66x potential return for those who enter now. This structured growth plan contrasts sharply with Shiba Inu, which relies on a volatile and unpredictable rise in popularity. Real-World Utility Driving Demand Ruvi AI’s unprecedented potential is backed by its focus on real-world applications . By weaving together blockchain intelligence and artificial intelligence (AI) , Ruvi AI provides scalable, high-impact solutions for crucial industries such as marketing , entertainment , and finance . Marketing Revolutionized Ruvi AI’s AI-driven tools allow businesses to optimize their marketing efforts with precision. These tools reduce inefficient ad spending, improve audience targeting, and drive measurable campaign results. With brands increasingly looking for smarter advertising solutions, Ruvi AI has positioned itself as an indispensable partner in the marketing sector. Supporting Digital Content Creators One of Ruvi AI’s standout features is its ability to empower content creators. Through its blockchain-backed payment systems , Ruvi AI ensures creators receive timely and transparent payouts for their contributions. Furthermore, its AI-driven audience insights help creators tailor content to better connect with their audiences, boosting both engagement and earnings. Transformative Financial Technologies Ruvi AI is not just another crypto token, it’s a solution provider. By enabling fraud-resistant payment models and low-cost cross-border transactions , Ruvi AI is tackling inefficiencies in global finance. This makes it a valuable tool for both individual users and businesses seeking smoother financial transactions with reduced costs. With these practical applications, Ruvi AI is ready to sustain long-term demand and relevance in industries that value innovation, a stark contrast to the hype-driven model of Shiba Inu. Rewarding Early Investors with VIP Tiers Ruvi AI doesn’t just offer significant growth potential, it also rewards early investors through its VIP investment tiers , designed to amplify returns based on participation levels. Here’s how these tiers deliver: VIP Tier 2 ($750 investment, 40% bonus): Tokens received: 70,000 (50,000 base + 20,000 bonus). Value at $0.07 per token: $4,900. Value at $1 per token: $70,000. VIP Tier 3 ($2,100 investment, 60% bonus): Tokens received: 224,000 (140,000 base + 84,000 bonus). Value at $0.07 per token: $15,680. Value at $1 per token: $224,000. VIP Tier 5 ($9,600 investment, 100% bonus): Tokens received: 1,280,000 (double the allocation). Value at $0.07 per token: $89,600. Value at $1 per token: $1,280,000. These VIP tiers make Ruvi AI accessible to investors at varying levels while maximizing potential gains as the token’s value increases. Ruvi AI Set to Outpace Shiba Inu Shiba Inu’s success has been tied to viral popularity with little regard for real-world utility or structured growth. Ruvi AI, on the other hand, represents a new breed of token , one that prioritizes transparency, innovation, and scalability. With its $2.3 million presale , low cost of entry at $0.015 , and forecasted 66x ROI , Ruvi AI is positioned as an investment opportunity that combines safety and significant upside potential. For investors seeking more than hype, a token with the potential to transform industries while generating unprecedented growth, the case for Ruvi AI over Shiba Inu is clear. Join Ruvi AI’s presale today and secure your future in one of cryptocurrency’s most exciting projects before its inevitable rise. Learn More Buy RUVI: https://presale.ruvi.io Website: https://ruvi.io Whitepaper: https://docs.ruvi.io Telegram: https://t.me/ruviofficial Try RUVI AI: https://web.ruvi.io/register Disclaimer: This is a sponsored press release for informational purposes only. It does not reflect the views of Times Tabloid, nor is it intended to be used as legal, tax, investment, or financial advice. Times Tabloid is not responsible for any financial losses. The post This New AI Token Just Passed Audit, Analysts Say It Could Hit $1 Before Shiba Inu (SHIB) appeared first on Times Tabloid .
After reaching a new all-time high of $123,200, Bitcoin has retraced to the $116,000 level as profit-taking and shifting market sentiment begin to take shape. While the broader trend remains bullish, a key development has caught the attention of analysts and investors alike. Top analyst Darkfost has flagged significant on-chain activity involving the so-called “80K whale”—a mysterious wallet cluster believed to be holding over 80,000 BTC from the Satoshi era. This entity recently transferred a substantial portion of its holdings to a wallet reportedly linked to Galaxy Digital, a major institutional player in the crypto space. The move is raising eyebrows, as Galaxy Digital enforces strict KYC (Know Your Customer) protocols, suggesting that the identity behind the transfer is now known to the firm. While this could indicate an intention to sell through their OTC (Over-the-Counter) brokerage desk, it’s also possible that the whale is simply reallocating funds for asset management purposes, such as earning yield on dormant BTC . 40,000 BTC Sent to Galaxy Digital As Selling Activity Sparks Volatility Darkfost has reported a significant movement in the Bitcoin network—40,000 BTC has been transferred to Galaxy Digital, one of the most prominent institutional players in the space. The transaction originated from wallet address bc1qmuxrzvnx34j8y6h9leg4zen5gnw7wmfmgp8v2p, which is now completely empty. While this transfer is notable, it’s only part of the picture. Four other wallets from the same cluster still collectively hold 40,000 BTC—none of which have moved yet. The total amount of Bitcoin sent to exchanges or OTC brokers remains uncertain for now, but Darkfost noted that selling activity appears to be ongoing. Such large-scale movements often trigger concerns in the market, and the potential for panic selling is real, especially given the scale and timing of this transfer following Bitcoin’s recent all-time high at $123,200. However, it’s important to contextualize the event within the broader market structure. Despite the short-term volatility, Bitcoin’s fundamentals remain strong. Institutional interest continues to grow, supply on exchanges remains historically low, and long-term holders show no signs of mass exit. This development may cause temporary price fluctuations, but it’s unlikely to shake the long-term conviction many investors maintain in Bitcoin’s trajectory. As always, whale activity commands attention, but it rarely defines the entire trend. BTC Drops To $116K After ATH The 12-hour chart shows Bitcoin facing a sharp pullback after reaching its all-time high at $123,200. Currently trading around $116,509, BTC has dropped nearly 6% from its peak, signaling a period of increased selling pressure. Notably, this correction was accompanied by a spike in red volume, indicating strong profit-taking activity or large sell-side orders—possibly linked to the recent whale movement toward Galaxy Digital. Despite the retrace, Bitcoin still trades well above its key moving averages: the 50 SMA ($109,353), 100 SMA ($107,729), and 200 SMA ($101,375). These levels continue to slope upward, reflecting a healthy longer-term trend. The $114,000–$117,000 zone now acts as short-term support, aligning with the last consolidation area before the breakout. Holding this range will be crucial for bulls to maintain momentum. A breakdown below could trigger a retest of the $109,300 support, a level that capped price action through much of June. On the upside, a recovery above $119K would suggest that buyers are stepping back in. Featured image from Dall-E, chart from TradingView