Indian Exchange Suffers $44M Hack—Solana Hot Wallet Compromised in Sophisticated Attack

A Republican lawmaker is raising alarms about the newly signed GENIUS Act, arguing it could pave the way for the government to introduce a more complex, multi-tiered central bank digital currency (CBDC). While the law itself is a big step toward regulating stablecoins—cryptocurrencies pegged to traditional assets—some critics worry it leaves the door open for future CBDC expansion, which they see as government overreach.

Editor’s Note: The GENIUS Act is a major milestone for stablecoins, giving them legal clarity in the U.S. financial system. But the debate isn’t over—some see this as a slippery slope toward a more controlled digital currency landscape, while others view it as necessary oversight. Either way, it’s a sign that crypto regulation is heating up, and not everyone’s happy about where it might lead.

Ethereum's price has been on a tear lately, surging to $3,600 and posting a 45% gain in just a month. Now, a market analyst using Elliott Wave theory—a method that predicts price movements based on crowd psychology—says ETH could skyrocket to $10,000. While the current rally is exciting, it’s worth noting that crypto markets are volatile, and not everyone may share this ultra-bullish outlook.

Editor’s Note: If Ethereum really hits $10,000, it would be a game-changer for investors and the broader crypto market. But predictions like these should be taken with a grain of salt—crypto is unpredictable, and even the best analyses can miss the mark. Still, the optimism around ETH reflects growing confidence in its long-term potential, especially with upgrades and growing use cases in decentralized finance (DeFi). Whether you're a trader or just watching from the sidelines, this kind of hype is hard to ignore.

Bitcoin's price is hovering in a tight range between $117,500 and $118,000, showing signs of consolidation—a classic "calm before the storm" moment. Traders are watching closely, as this tension often precedes a big move, either up or down. The market seems to be holding its breath, waiting for a breakout.

Editor’s Note: When Bitcoin trades in a narrow range like this, it’s like a coiled spring—eventually, it’s going to snap in one direction. For investors, this could mean a major opportunity (or risk) depending on which way it breaks. If you’re into crypto, now’s the time to pay attention—things could get volatile fast.

Crypto Week wrapped up with optimism as the GENIUS Act signaled progress in regulatory clarity for digital assets. While the mood is upbeat, industry insiders caution that this is just the first step—real-world adoption and deeper ties to traditional finance and identity systems will take more time and effort.

Editor’s Note: For crypto enthusiasts and skeptics alike, this isn’t just another hype cycle. The GENIUS Act suggests lawmakers are finally engaging seriously with crypto, but the road to mainstream financial integration is long. Think of it like laying the foundation for a house—the blueprint looks good, but there’s still a lot of building to do.

Bitcoin is flirting with the $120k mark, and while that’s grabbing headlines, there’s more action in the altcoin market. Three lesser-known cryptocurrencies are inching toward their all-time highs, including one dirt-cheap token (priced under a penny) that analysts think could surge tenfold in the coming days.

Editor’s Note: For crypto traders, this isn’t just another Bitcoin rally—it’s a sign that the broader market is heating up. The spotlight on an ultra-low-cost token with explosive potential hints at the kind of speculative frenzy that can redefine portfolios (or wipe them out). Whether you see this as a golden opportunity or a red flag depends on your risk appetite, but either way, it’s a moment worth watching.