The post GENIUS Act Establishes First U.S. Stablecoin Framework appeared on BitcoinEthereumNews.com.
Darius Baruo
Jul 09, 2026 20:38
The GENIUS Act marks a regulatory milestone for U.S. payment stablecoins, setting reserve, redemption, and licensing standards.
The GENIUS Act, signed into law by President Donald Trump on July 18, 2025, has created the first comprehensive federal regulatory framework for payment stablecoins in the United States. Effective by January 2027 or sooner, the legislation tackles reserve requirements, licensing, and consumer protections, addressing a long-standing regulatory void in the crypto space. What the GENIUS Act Covers The law applies exclusively to “payment stablecoins”—digital assets pegged to fiat currencies, redeemable on demand, and intended for use as a means of payment. Notably, algorithmic stablecoins and asset-referenced tokens fall outside its scope. Issuers must adhere to stringent requirements, including: Reserves: One-to-on
The post Anthropic Seeks Public’s Toughest AI Questions in Bold Initiative appeared on BitcoinEthereumNews.com.
Darius Baruo
Jul 09, 2026 18:12
Anthropic invites the public to ask hard questions about AI’s societal impact, pledging transparency and action in addressing them.
Anthropic, the AI research firm behind the Claude language model, has launched an ambitious initiative to engage the public on the toughest questions surrounding artificial intelligence. Dubbed the “Hard Questions” campaign, the effort aims to uncover and address widespread concerns about AI’s societal implications, from job displacement to its role in human agency. This initiative builds on extensive groundwork. Anthropic has already conducted a survey of 52,000 Americans, capturing their hopes and fears about AI. Additionally, they’ve polled 81,000 Claude users across 159 countries in 70 languages, hosted in-person focus groups, and analyzed real-world AI usage data. Through efforts like the Ant
The post US official says it remains committed to resolution with Iran, technical discussions ongoing appeared on BitcoinEthereumNews.com.
A US official signaled that it is still committed to the memorandum of understanding with Iran, even though US President Donald Trump’s declared earlier this week that the framework deal to end the Iran war was “over” after Tehran carried out strikes against vessels in the Strait of Hormuz and against neighboring countries, the Times of Israel reported on Thursday. “The United States is still committed to finding a resolution, and technical talks continue,” said the White House. The statement acknowledges Trump’s comments against the MOU but signals that the US is still prepared to adhere to its terms so long as Iran does the same. Market reaction At the time of writing, the West Texas Intermediate (WTI) is down 3.78% on the day at $71.75. WTI Oil FAQs WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Interm
The post Gold recovers above $4,100 as traders assess US-Iran conflict appeared on BitcoinEthereumNews.com.
Gold price (XAU/USD) rebounds to around $4,120 during the early Asian session on Friday. The precious metal edges higher as traders weigh a resumption of war in the Middle East. The White House signaled that it is still committed to the memorandum of understanding with Iran, even though US President Donald Trump’s declared earlier this week that the framework deal to end the Iran war was “over” after Tehran carried out strikes against vessels in the Strait of Hormuz and against neighboring countries. However, uncertainty remains high as Trump said that strikes would “get much worse” if Tehran again attacked ships in the strait. On Thursday, the Islamic Republic targeted US bases in Bahrain, Kuwait and Qatar. Jordan intercepted eight Iran-launched missiles, according to Axios. Escalating tensions between the US and Iran could drive crude oil prices higher, stoking inflation fears
The post AAVE Price Prediction: $90 Is the Line in the Sand — Break It or Bleed Back to $84 appeared on BitcoinEthereumNews.com.
Darius Baruo
Jul 09, 2026 10:59
AAVE is stalling at $88.24 with MACD momentum hitting a dead zero and price unable to reclaim its own 7-day average; either $90.95 gets cleared this week and opens a run toward $99–$116, or the $84…
The Immediate Setup AAVE is trading at $88.24, pinned inside a $86.29–$88.86 intraday range that screams indecision. The 0.75% gain on the session sounds polite, but it masks the real story: price is sitting below the 7-day SMA at $89.45. Buyers showed up when AAVE flushed to $85.89 intraday, but they have not been able to sustain price above the weekly average for a single candle. That’s not strength — that’s a relief bounce waiting to be tested. The most telling signal is the MACD histogram printing exactly zero. The convergence between the MACD line and its signal is absolute — short-term momentum has flatlined
The post GBP/JPY Price Forecast: Bullish amid respected higher-high structure appeared on BitcoinEthereumNews.com.
The British Pound advances some 0.50% against the Japanese Yen on Thursday, as risk appetite improves after US President Donald Trump said that Iran had reached out and that it wants to make a deal badly. At the time of writing, GBP/JPY trades at 217.76, near year-to-date (YTD) highs. GBP/JPY Price Forecast: Technical outlook The GBP/JPY has reached 18-year highs, last seen in February 2008, opening the door to challenging the January 2008 monthly peak levels. Price action shows the market is respecting a series of higher highs and higher lows, an indication of further upside. Momentum favours buyers, as the Relative Strength Index (RSI) is bullish and about to enter overbought territory, indicating further upside. The first resistance for GBP/JPY is 218.00. Once cleared, it opens the door to challenge key psychological levels like 219.00, 220.00 and the January 2008 high
The post CRV Price Prediction: Coiled at $0.20 — Smart Money Loading for a Break to $0.25 appeared on BitcoinEthereumNews.com.
Darius Baruo
Jul 09, 2026 10:11
CRV is locked in a textbook Bollinger Band squeeze at $0.20 while top traders run nearly 60% net long in derivatives — the breakout is loading, and the 60/40 probability trade targets $0.25 by Q4 2…
Market Context: Why CRV is at a Crossroads Right Now CRV is trading at $0.2025 on July 9, 2026 — barely moving, 24-hour change under 1%, intraday range so tight you could miss it. But flat price action is not the same as irrelevant price action. What’s unfolding here is a coiling structure, and the direction of the release matters enormously for anyone positioned in this name. The macro structural picture is still bearish and worth saying plainly: CRV is trading 23% below its 200-day moving average of $0.26. Bulls have not reclaimed the territory needed to shift the longer-term narrative, and that gap doesn’t close i
The post SHIB Price Prediction: Stochastic Signal Sparks a Dead-Cat Bounce Scare — A Real Recovery Needs Volume appeared on BitcoinEthereumNews.com.
Darius Baruo
Jul 09, 2026 09:50
SHIB is printing a 3.12% daily gain on suspiciously thin Binance spot volume of just $3.27M, while momentum indicators sit deep in bearish-leaning territory — the 65/35 odds favor this bounce fadin…
Market Context: Why SHIB is Moving Now Shiba Inu is doing what meme coins do best: generating heat without much light. A 3.12% session pop sounds constructive until you clock the Binance spot volume sitting at a paltry $3.27 million for the day. That number is not a rounding error — it’s a structural warning. SHIB is a token that lives and dies on crowd momentum, and without retail participation showing up in force, a percentage move like this is noise dressed up as a trend. The broader backdrop matters here. Early 2026 saw genuine momentum — Blockchain.news flagged in January that SHIB was trac
The post Mexican Peso gains as risk appetite improves, weighs on USD appeared on BitcoinEthereumNews.com.
The Mexican Peso (MXN) registers solid gains of over 0.22% against the US Dollar (USD) on Thursday as risk appetite improves after two days of hostilities between the US and Iran ended, despite US President Donald Trump’s warning that the deal might be “over.” The USD/MXN pair trades at 17.54 after reaching a daily high of 17.57. USD/MXN slips due to US Dollar weakness The emerging market currency is underpinned by broad US Dollar weakness. Data in Mexico showed that the Consumer Price Index (CPI) in June fell to its lowest level since December 2020, tumbling for the third straight month, down from 3.94% to 3.37% YoY, below estimates of 3.52%. Core inflation on an annual basis has risen to 4.03% YoY, slightly above Banxico’s 3% plus or minus 1% goal. The data eases pressure on the Bank of Mexico (Banxico), which last month decided to hold rates unchanged at 6.50%, while signaling t