Jul. 9 at 4:50 PM
CRYPTO WEEK LOOMS: Oversees betting market Polymarket gives The GENIUS Act a 91% chance of passing and The Clarity Act a 54% chance into ‘Crypto Week’ next week. 📅
• The Genius Act: GENIUS, which stans for ‘Guiding and Establishing National Innovation for US Stablecoins Act) will aim to put a regulatory framework around stablecoins for the first time in US history. Should it pass, the legislation would be bullish for stablecoin operators like
$CRCL and
$COIN. 🐂🐂🐂
• Meanwhile, any crypto legislation that passes will likely be bullish for Bitcoin proxies, such as
$MSTR $ARKB $IBIT. 🐂🐂🐂
https://www.zacks.com/commentary/2569649/crypto-week-looms-a-look-at-incoming-digital-asset-legislation?cid=sm-stocktwits-1--oc&ADID=SYND_STOCKTWITS_TWEET_1__OC