Cryptonews

On Tuesday, the President, a man whose every word is a blend of prophecy and performance, declared, “Happy Crypto Week!” with a flourish that could have been mistaken for a flourish of the pen that signs the bills into law. He urged the Republican House to vote in favor of what he termed “tremendous bills,” insisting that digital assets were the future of the nation, a future in which the United States would stand as the unchallenged leader. “This is our moment – Digital assets, GENIUS, clarity! It is all part of Making America Great Again, bigger and better than ever before. We are leading the world, and will work hard with the Senate and the House to get even more legislation on this passed!” he proclaimed, his voice a mix of fervor and a hint of desperation, as if he were trying to convince not only the nation but himself of the grandeur of his vision. 🌟

These tokenized deeds will enable individuals to purchase shares in real estate, making it easier for investors to enter the market without needing to acquire entire properties. The initiative aims to bring Dubai’s booming real estate market to a global audience while improving transparency and access.

As reported by Politico, Speaker Mike Johnson confirmed late Tuesday that Republicans are working tirelessly to resolve their internal squabbles following the 196-222 vote failure, which halted the momentum of the long-awaited legislative package. 😴

And so, the dance continues. Bitcoin, that great enigma, hovered near $118,000, a constant presence in the lives of its devotees. The U.S. CPI data, a siren’s call, beckoned traders to reprice the odds of a September Fed rate cut, a promise of deliverance from the crypto wilderness.

The White House, meanwhile, seems to be embroiled in a game of “Where’s Jerome?” Treasury Secretary Scott Bessent cleverly indicated that “a formal process that’s already starting” was afoot to uncover Powell’s elusive successor. You know, just a casual search for someone who might handle the central bank with a touch more finesse—or at least not set off a financial apocalypse.

After reaching a new high of over $123,000 on Monday, Bitcoin has since dropped by roughly 5.4% from that peak, with its price currently hovering just above $116,000.

The crypto market, a realm where fortunes are made and lost in the blink of an eye, has once again been seized by a fresh wave of enthusiasm. Many major digital assets have recorded impressive gains, fueling a sense of optimism that is as intoxicating as it is fleeting. 🍷

The PUMP token, dear reader, has already earned itself a market cap of $2.33 billion—quite the princely sum. But wait, there’s more! Only a mere 35.4% of its total supply is in circulation. Should the rest decide to join the party, its fully diluted valuation could soar to a jaw-dropping $6.58 billion. Why, it’s enough to make the token rank 44th on CoinMarketCap—what a climb! 🌟

Ethereum price started a fresh increase above the $2,880 zone, outperforming Bitcoin. ETH price gained pace for a move above the $2,950 resistance zone and entered a positive zone. It’s like Ethereum is saying, “I’m not just a cryptocurrency, I’m a movement!”

On the fifteenth day of July, the illustrious U.S. House of Representatives cast aside a chance at progress, halting the noble pursuit of three grand crypto measures: the GENIUS Act, the CLARITY Act, and the Anti-CBDC Surveillance State Act. This fine initiative was dubbed “Crypto Week,” a week promising to bring clarity, guidance, and perhaps a sparkly crown for our beloved digital tokens! 👑✨