The Senate&#8217;s progress on stablecoin regulation could reshape financial innovation, but partisan divides may hinder comprehensive policy outcomes. The post Senate advances GENIUS Act after cloture vote passes appeared first on Crypto Briefing.

Senate advances GENIUS Act after cloture vote passes

Vietnam&#8217;s NDAChain could significantly enhance digital security and 
efficiency, fostering innovation and economic growth across multiple sectors.
The post Vietnam launches NDAChain as national blockchain to power digital 
economy appeared first on Crypto Briefing.

Vietnam launches NDAChain as national blockchain to power digital economy

Reliance on centralized cloud infrastructure and the IRS’s proposed “mega API” 
expose vulnerabilities in data privacy and accountability that decentralized 
technologies can address.

The centralization crisis threatens data privacy

BitMEX co-founder and crypto investor, Arthur Hayes, has outlined the key 
catalysts that could drive the Ethereum price to a $10,000 all-time high by 
year-end. In a detailed market analysis, Hayes explains how expanding US 
credit policies, growing institutional interests, and a shift toward wartime 
economic strategies could create the ideal conditions for a major ETH price 
rally. Ethereum Price Set To Hit $10,000 By Year End On July 23, Hayes 
published an in-depth report on Substack, analyzing geopolitical trends and 
how they could create the ideal conditions for a major Ethereum price surge. 
The crypto founder has set a bold target of $10,000 for ETH by the end of 
2025, attributing the future rally to macroeconomic shifts and increasing 
institutional appetite. Related Reading: This Ethereum Descending Broadening 
Wedge Pattern Looks Similar To 2019-2020, Here’s What Happened Last Time Hayes 
believes that as the US leans further into wartime economic policies under 
President Donald Trump’s reign, a wave of credit expansion could be 
unleashed—fueling “asset bubbles,” particularly in crypto. According to the 
BitMEX co-founder, Ethereum could benefit most from this environment. While 
Bitcoin remains the crypto reserve asset, Hayes notes that ETH has been 
largely overlooked since Solana’s explosive rebound post-FTX. However, he 
asserts that the tides are turning, especially among Western institutional 
investors who are starting to favor Ethereum-based assets. The crypto founder 
pointed to growing confidence in Ethereum from financial influencers like Tom 
Lee and a renewed interest in DeFi ecosystems as early signs of a potential 
breakout. Hayes’ venture capital firm, Maelstrom, is now also fully committed 
to ETH and the broader ERC-20 ecosystem. He has declared that the next ”Ether 
bull run” is imminent, forecasting a 176.3% rise from ETH’s current price of 
$3,619. Alongside his $10,000 Ethereum target, the crypto founder projected 
that Bitcoin could skyrocket to $250,000 before the end of the year. ETH Rally 
Tied To US Economic And Wartime Developments In his report, Hayes seemingly 
connects Ethereum’s upside potential to a broader macroeconomic narrative 
rooted in fiscal policy and geopolitical conflict. He argues that the US is 
shifting toward a form of state-sponsored capitalism or economic fascism 
designed to fuel wartime production. Related Reading: Ethereum ATH Above 
$4,800? Here’s How High It Will Go If 2021 Repeats According to the crypto 
founder, this strategy encourages banks to lend freely to companies without 
government-guaranteed profits. He noted that when the fiat supply increases 
without a corresponding rise in raw materials or labor, inflation becomes 
unavoidable. To manage this, he suggests the government may need to blow 
bubbles in non-essential assets like crypto, to absorb excess credit without 
destabilizing essentials like food or housing. Furthermore, Hayes believes 
that just as Ethereum stands to benefit from this environment, stablecoins may 
play a key role in building it. As the crypto market cap grows, so does the 
amount stored in stablecoins, most of which are reinvested into US Treasury 
bills. For instance, if the market cap of crypto hits $100 trillion by 2026, 
the BitMEX co-founder predicts that stablecoins could indirectly fund 
trillions in government debt, ultimately making crypto an integral player in 
sustaining wartime fiscal policies. Featured image from iStock, chart from 
Tradingview.com

Crypto Founder Reveals What Will Drive Ethereum Price To $10,000

Stocks are bracing for a key week ahead with the monthly U.S. jobs report and 
key quarterly results featuring Apple, Meta and Microsoft.

S&P 500, Nasdaq steady as investors eye Apple, Microsoft earnings

Despite concerns from earlier research, smart contract developers and auditors 
told Cointelegraph that AI-assisted coding is improving crypto security.