House passes motion to reconsider crypto package containing the GENIUS Act

Tether’s USDT, the biggest stablecoin in crypto, just hit a jaw-dropping $160 billion in market value—a fresh record—as the broader crypto market heats up. This isn’t just a number; it’s a sign that traders are piling into stablecoins like USDT as a safe harbor while they navigate the volatile crypto waves.

Editor’s Note: Stablecoins like USDT are the unsung heroes of crypto trading, acting as a bridge between wild price swings and real-world stability. This milestone isn’t just about Tether—it’s a barometer for how much trust (and money) is flowing into crypto right now. Whether you’re a skeptic or a true believer, that kind of growth is hard to ignore.

Bitcoin's recent price surge isn't just hype—it's being fueled by real new money. Fresh data from Glassnode shows first-time buyers scooped up 140,000 BTC (a 2.86% supply increase), suggesting genuine interest rather than just traders reshuffling coins.

Editor’s Note: When newcomers jump into Bitcoin during a rally, it’s a healthier sign than when the same old players push prices around. This could mean broader adoption or renewed confidence, but it also raises questions—are these buyers ready for crypto’s volatility, or could a downturn scare them off just as fast? Either way, it’s a shift worth watching.

Pakistan is exploring how to integrate Bitcoin into its economy by learning from El Salvador’s pioneering crypto policies. A high-ranking Pakistani official met with El Salvador’s president to discuss strategies, signaling Pakistan’s growing interest in adopting Bitcoin—though details on potential policies remain unclear.

Editor’s Note: This isn’t just about two countries chatting—it’s a sign that Bitcoin is becoming a serious topic for national economies, especially in regions with volatile currencies or limited banking access. If Pakistan follows El Salvador’s lead, it could spark more global debate about crypto’s role in government finance. But whether that’s a good or risky move? Still up for discussion.

A massive Bitcoin whale from the early days of crypto—originally holding 80,000 BTC—has just moved their remaining 40,000 coins (worth a staggering $4.75 billion) in a single transaction. This comes as Bitcoin hovers around $118,000 after hitting a record high of $123,200. Analysts and traders are watching closely, since this wallet has been a legendary figure in crypto circles, and big moves like this can signal major shifts in the market.

Editor’s Note: When a whale this big makes a move, it’s like watching a tectonic plate shift—it doesn’t always cause an earthquake, but it definitely gets everyone’s attention. This could mean anything from a strategic sell-off to a simple wallet reorganization, but either way, it’s a reminder of how much power early Bitcoin holders still wield. For investors, it’s a heads-up to stay alert—big transactions can ripple through the market in unexpected ways.

California is teaming up with crypto heavyweights like Ripple and Coinbase to streamline government operations using Web3 tech. Dubbed the "California Breakthrough Project," this initiative takes a page from Elon Musk’s playbook—specifically his Department of Government Agency (D.O.G.E.), which aims to modernize bureaucracy. Governor Newsom’s push signals a growing appetite for blockchain solutions in public-sector efficiency, though skeptics might question whether crypto’s flashy promises can deliver real-world results.

Editor’s Note: This isn’t just another tech experiment—it’s a high-stakes bet that blockchain can fix slow, outdated systems. If it works, other states (or even the feds) might follow suit. But given crypto’s rocky track record with hype vs. reality, the real test will be whether these partnerships actually make life easier for taxpayers or just generate headlines. Either way, it’s a sign that Web3 is creeping into the mainstream, one government contract at a time.