Crypto Chaos: What’s Coming This Week?

The CLARITY Act, the GENIUS Act, and the Anti-CBDC Surveillance State Act are all on the docket, and we can expect a thrilling spectacle of debate, amendments, and (if we’re lucky) some good old-fashioned politicking 🎪.

Circle’s Digital Currency Bank: The Next Big Thing in Finance?

The proposed First National Digital Currency Bank wouldn’t be your typical corner bank with a friendly teller and a lollipop jar. No, this is a high-stakes, digital-first operation focused on safeguarding USDC reserves, managing cash and short-term Treasury holdings, and offering digital asset custody services to institutional clients. Think of it as a digital fortress for the big players. 🏦

Ethereum price is soaring: these 4 charts show why

Here’s where things get exciting. The daily chart practically screams “rebound!” ETH has formed a bullish flag pattern, which is a fancy way of saying it looks like a flag of victory fluttering in the wind—if your flag was a cryptographic asset and the wind was a whole lot of buying. Not to mention, ETH has created a golden cross pattern. Yes, that means the 50-day and 200-day Exponential Moving Averages have crossed paths like old friends at a high school reunion. When this happens, it’s considered a highly bullish signal. Look out, $4,000!

Grayscale’s Secret IPO: The Crypto Giant’s Sneaky Move 🤫💰

Yes, you heard that right. The crypto-trust giant, known for its ability to turn digital dust into gold, is making a major shift toward becoming a publicly listed company. It’s like they’re trying to join the grown-up table at the family dinner, but with a lot more zeros at the end of their name.

HBAR Price is Going Nuts!

It’s now in the top 15 crypto assets, overtaking Shiba Inu (SHIB) and Bitcoin Cash (BCH). I guess you could say it’s the new kid on the block. 🎉