Related to tariffs TrumpDespite the hardening attitude of Bitcoin $121,394.05 The price is over 120 thousand dollars. Subcoins He suffered slight losses and the latest explanations about the EU are morale. But the agenda of the crypton is not just about this, the House of Representatives will vote for 3 crypto money this week. What do they do, what we will quickly take a look at it. We will also talk about analysts’ Ondo and Link Coin price targets.
Crypto Money Law Summary
As we have reported before, the Senate approval came to GenIus. Let’s quickly remember the law process. The House of Representatives or the Senate prepares a draft law. After the approval is given, the law is sent to the other parliament for approval. If there is a different draft in the other assembly (House of Representatives/Senate) in the same subject, these 2 drafts are converted to a single bill and negotiations and so on. In the final stage, approval is given and sent to Trump (US president) to sign it.
While working on Senate Genius, the House of Representatives serves the same purpose for the stablecoins Stable was working on a draft named. Genius First, he was sent to the House of Representatives as he received approval and the stable was shelved in order to prevent the process.
What will Genıus bring?
The most important law to be voted for this week is Genius Stablecoins The bill of interest. The bill offers a clear roadmap to the stablecoin exporters. You know, we have been talking about the regulatory clarity, the issue of guidance, or it is now being solved.
Large banks will be able to export their own stablecoin. For these, the rules and the procedure will become clear. For the global domination of the dollar, Republicans say that the business of companies that export stablecoin should be facilitated without neglecting control ”. Moreover, the crypto version of the dollar will only exist in stablecoin due to the bill that banned CBDCs (Central Bank digital currency) to be approved this week. In other words, like China’s digital Yuan, the United States will not make a digital dollar, so it has to pave the way for stablecoins. Why does he meet CBDC? We can explain this with confidentiality concerns.
In summary Stablecoins This law will pave the way for Visa, MasterCard It will pave the way for very big things that concern the overall crypto currencies, including giants’ stablecoins, including stablecoins. In the early August, Trump (at the latest) wants to sign this law at his desk.
The rules concerning the detailed of the law include protection measures that secure investors. The result promises the market rise to crypto currency investors with more adoption.
Ondo and arb coin comments
Ali Martinez Among the Moving Altcoins Chainlink $16.19 (Link). Chainlink, who was almost unrivaled about Blockchain -based Oracle solutions, has recently signed many partnerships, including Mastercard. A few years ago LINK Coin Token has increased its benefit with its stake structure, but the price is still in place. Martinez points to the resistance level of $ 17.5. The rally can be accelerated after this area has been overcome.
“The next major obstacle for Chainlink (LINK) is the level of resistance of $ 17.50. Wait to break!”
Rwa Ondo, which makes a great breakthrough in the field, can reach $ 1.13 in the scenario where the rise continues. However, if the momentum continues to lose (the wick in the last candle triggered with a new announcement), the support of $ 0.7 can be tested. Waleed shared its goals for two scenarios.
The BTC continues to remain strong, morale for Ondo Coin.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.