In a pivotal moment for the crypto world, President Trump has signed the GENIUS Act, creating a regulatory framework for stablecoins and drawing a sharp contrast with the Biden administration. This bipartisan legislation aims to bolster the crypto industry while addressing concerns over consumer protection and data privacy.
This week, Bitcoin reached new all-time highs, fueling a surge in crypto-focused stocks like Coinbase and Strategy. Amid market optimism and institutional interest, investors are buzzing about this crypto rally!
Coinbase has reported a data breach by unknown hackers who stole customer information but did not access passwords. The company is taking measures to prevent future attacks and is offering a reward for information on the attackers.
President Trump’s recent comments on a strategic crypto reserve have ignited a significant rally in major cryptocurrencies like Bitcoin and Ethereum, leading to a surge in their prices on Coinbase.