The collaboration could set a precedent for other states, enhancing public sector efficiency and fostering tech-driven government innovation. The post California launches task force with Ripple, Coinbase, MoonPay to improve government efficiency and operations appeared first on Crypto Briefing.

California launches task force with Ripple, Coinbase, MoonPay to improve government efficiency and operations

The advancement of the GENIUS Act could signal a shift in legislative 
priorities, potentially impacting future crypto regulations and economic 
policies.
The post Trump says key Congress members have agreed to advance GENIUS Act in 
key procedural vote tomorrow appeared first on Crypto Briefing.

Trump says key Congress members have agreed to advance GENIUS Act in key procedural vote tomorrow

Bitcoin climbed past $122,000 this week, marking its fourth straight month of 
gains. It even touched $123,000 Monday before dipping slightly. Related 
Reading: XRP To Hit $4 This Week? This Crypto Expert Thinks So Prices like 
these put the crypto asset well beyond what many everyday earners can afford. 
According to the Social Security Administration, the average yearly salary in 
the US is $66,600. That means a single coin now costs nearly twice what a 
typical worker makes in a full year. Bitcoin Prices Soar Past Records Based on 
reports from top crypto channel Altcoin Daily, high‑net‑worth individuals are 
being urged to act fast. The platform tweeted that millionaires should 
consider buying at least 1 BTC now, while it’s still within reach. This 
warning follows a popular post from El Salvadorian President Nayib Bukele, who 
pointed out that not all millionaires will be able to pick up a whole Bitcoin. 
With just 21 million BTC ever to exist and over 50 million millionaires 
worldwide, grabbing even 0.5 BTC would be out of reach if everyone tried. If 
you&#8217;re already a millionaire you need to buy 1 whole Bitcoin before it gets to 
expensive for you. — Altcoin Daily (@AltcoinDaily) July 13, 2025 Supply Crunch 
And Demand Rising According to Bloomberg Terminal data, traders are already 
thinking in terms of “millions per coin.” That shift reflects growing 
expectations that Bitcoin will surge into seven‑figure territory. United 
States President Donald Trump’s second son, Eric Trump, recently said that 
half a Bitcoin will be a huge amount of money soon and predicted the crypto 
could hit $1 million in the mid‑term. Those comments add to a chorus of 
bullish voices. Millionaires Feel The Squeeze Based on analysis from Binance 
co‑founder Changpeng Zhao, the $1 million mark isn’t far off. He told 
investors that it could happen in this bull cycle. Brandon Green of BTC Inc. 
agreed, forecasting a similar timeframe for liftoff. If those estimates hold, 
owning less than a coin may soon feel like holding pocket change. Big Names 
Project Massive Gains Ark Invest has put a $1.5 million base‑case target on 
Bitcoin by 2030, with a $2.4 million bull case riding on more institutional 
and nation‑state buying. That study credits a supply squeeze and wider 
adoption as key drivers. Meanwhile, Michael Saylor, who chairs Strategy, has 
set his sights even higher. He raised his forecast to $13 million per coin by 
2045, citing rapid regulatory clarity and fast‑tracking corporate investment. 
Related Reading: Avalanche Shatters Record With 20M Transactions—Is Real-World 
Use Finally Here? Bold Forecasts Paint A High Stakes Picture Some of these 
price targets may sound lofty. Yet they reflect a simple math problem: 
shrinking supply meets growing demand. Fractional ownership allows small 
investors to chip in over time, but the sense of urgency is hard to ignore. 
For now, Bitcoin’s rally is rewriting affordability rules, and the window for 
easy access may be closing. Featured image from Meta, chart from TradingView

If You’re Wealthy, 1 Bitcoin Should Already Be In Your Wallet, Expert Says

Kraken launches a US-regulated platform for CME crypto futures and spot 
trading, now live in five states and expanding nationwide.
The post Kraken rolls out regulated CME crypto futures trading in the US 
appeared first on Crypto Briefing.

Kraken rolls out regulated CME crypto futures trading in the US

The House blocked major crypto bills, but accelerating Senate momentum and 
surging institutional demand are reigniting hopes for transformative U.S. 
digital asset legislation. US Crypto Legislation Stalls in House, Disrupting 
Momentum on Digital Asset Rules The U.S. House of Representatives blocked a 
procedural vote on July 15, preventing formal consideration and discussion of 
three crypto […]

House Slams Brakes on Crypto Legislation as Trump Eyes US Digital Asset Supremacy

The push for crypto legislation in the US could position the country as a 
global leader in financial innovation and secure significant tax revenue.
The post Donald Trump Jr. backs crypto bill to keep multi-trillion dollar 
industry in the US appeared first on Crypto Briefing.