Bitcoin Hits Record-Setting High of More than $121,000
UNITED STATES, JUL 11 – The bills aim to resolve regulatory uncertainty by defining oversight roles, protecting consumers, and blocking a central bank digital currency, with $9 billion lost to crypto scams last year, Sen. Warren said.
- On Monday, July 14, Bitcoin's price rose above $120,000 amid growing interest and optimism in digital assets and crypto markets.
- This surge coincides with the U.S. House of Representatives' upcoming Crypto Week from July 14 to 18, featuring votes on three key crypto bills.
- The bills under consideration include the GENIUS Act, which provides a regulatory framework for stablecoins; the CLARITY Act, focused on clarifying the structure of digital asset markets; and the Anti-CBDC Surveillance Act, which prohibits the development or launch of a central bank digital currency in the United States.
- The GENIUS Act passed the Senate last month and aims to create a framework overseeing stablecoins, which reached a $247 billion market size as of May 2025 with $27.6 trillion in transactions in 2024.
- These legislative efforts could reshape U.S. crypto regulation and affect fiscal policy by lowering borrowing costs, while debates on asset classification and ethical concerns about crypto-related political donations continue.
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32 Articles
Begich, Emmer call for final push on crypto legislation in new national op-ed
In a high-profile joint op-ed published Monday in the cryptocurrency news outlet CoinDesk, Alaska Congressman Nick Begich and House Majority Whip Tom Emmer of Minnesota made a forceful case for finalizing a Republican-led legislative framework for cryptocurrency and digital assets. The column spotlights Begich’s growing stature in Congress as a leading voice on financial innovation, […] The post Begich, Emmer call for final push on crypto legisl…
Crypto bills in Congress – what does it mean for your investment options?
Congress is considering several bills that would provide more regulatory clarity to the emerging cryptocurrency industry and give investors more certainty about putting some of their portfolio into digital assets.The House of Representatives is considering several bills this week that would establish new regulations governing crypto and digital assets, bringing more structure to the industry in a push to make good on President Donald Trump's ple…
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US crypto industry on brink of legitimacy as Trump-backed bills near passage
WASHINGTON, July 15 — US lawmakers are on the verge of passing landmark legislation that will give the much-maligned crypto world much-wanted legitimacy, riding on President Donald Trump’s recent embrace of the industry. The US House of Representatives is set to vote on three pieces of legislation this week, including one on the use of stablecoins—cryptocurrencies pegged to safe assets like the dollar—that if passed would immediately go to Trump…
Bitcoin hits record-setting high of more than $121,000
After hitting an all-time high in May, Bitcoin has broken another record. On Monday, July 14, the price of one Bitcoin rose above $120,000. That’s a gain of more than 2.5% in 24 hours, according to Forbes. At one point, it reached $123,153 before leveling off around $121,000. Forbes reported that Bitcoin is up 29% since January, despite dipping to a low of $75,000 in April following President Donald Trump’s announcement of global tariffs. It’s…
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