Crypto Gains and Legislation: Key Developments from July 13–19
TL;DR Summary
The week saw significant developments in crypto, including Trump's signing of the GENIUS Act into law, increasing mainstream acceptance, and a surge in XRP's price. Notably, a Bitcoin whale moved $4.77 billion worth of BTC to Galaxy Digital, and Trump is considering an executive order to allow retirement funds to invest in crypto. Meanwhile, Stellar's XLM shows a bullish pattern, potentially rallying 35%, and legal issues continue for some crypto entities. Overall, the market remains dynamic with rising institutional interest and notable price movements.
- XLM to follow XRP’s bullish rally, Trump’s big crypto nod: Hodler’s Digest, July 13 – 19 Cointelegraph
- The week when crypto won big in America NPR
- Fact Sheet: President Donald J. Trump Signs GENIUS Act into Law The White House (.gov)
- What's next after the stablecoin law is signed Axios
- Trump signs landmark crypto bill into law Politico
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