CoinDesk Podcast Network Trump Signs GENIUS, What Now? | COINDESK DAILY
Jul 21, 2025
The signing of the GENIUS Act by President Trump marks a pivotal moment for crypto regulation, setting standards for stablecoin issuers. This has sparked a rally in altcoins, particularly ether and other layer-1 assets. Corporate interest in Bitcoin and ether is on the rise, signaling increased trust in the market. Additionally, a new privacy-focused blockchain, Midnight, is set to revolutionize user control over personal data, blending utility with enhanced privacy. The future of crypto looks both exciting and uncertain!
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GENIUS Act Drives Ether Rally
- The GENIUS Act signed by President Trump marks a new era for crypto regulation in the U.S.
- This has triggered strong market reactions, with Ether rallying significantly and institutional interest surging.
Ether's Bullish Momentum Grows
- Ether surged nearly 27% in seven days, breaking past $3,800 amid growing institutional interest.
- Experts predict Ether could reach $4,000 soon and potentially $15,000 long-term based on earnings multiples.
Corporates Keep Buying Bitcoin
- Corporations continue to accumulate significant Bitcoin holdings despite reduced Bitcoin dominance.
- Siquan's Communication and Michael Saylor's company made multi-million dollar Bitcoin acquisitions recently.