The U.S. House of Representatives passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS Act) with a 278-129 vote, a landmark bill regulating the $250 billion stablecoin market. The House passed the GENIUS Act today. Aimed at making the U.S. the &#8220;crypto capital of the world,&#8221; it mandates stablecoin issuers to maintain 1:1 […]

House Passes GENIUS Act With 308-122 Vote to Regulate Stablecoins

Crypto just hit warp speed in Washington as three landmark bills cleared the 
House, laying powerful groundwork for U.S. dominance in digital assets, 
stablecoins and blockchain innovation. 3 Crypto Bills Clear House—Wall Street 
and Washington Are Now Aligned The House of Representatives voted July 17 to 
pass three major cryptocurrency bills, signaling a decisive move […]

Crypto Scores Huge Win: House Passes 3 Landmark Crypto Bills

Russia’s largest lender, the state-run Sberbank, revealed Thursday that it 
plans to launch custody services for Russian crypto holdings, according to 
Reuters. With this step, Sberbank aims to claim a pivotal position in the 
country’s shifting digital asset space. Sberbank Responds to Foreign Custody 
‘Risk’ in Russia According to a Reuters report, the announcement follows […]

Sberbank Proposes Russian Crypto Custody Services

XRP&#8217;s surge and regulatory clarity could accelerate its adoption, potentially 
reshaping the stablecoin market and influencing retirement investments.
The post XRP hits new all-time high after seven years as market cap tops $200B 
appeared first on Crypto Briefing.

XRP hits new all-time high after seven years as market cap tops $200B

A powerful message has emerged from a recent episode of the Good Evening 
Crypto YouTube show that urged XRP holders to rethink their exit strategy 
ahead of what may be one of the most pivotal crypto cycles yet. Host Abdullah 
Nassif “Abs” issued a strong caution against selling XRP by pointing to a 
combination of regulatory progress and tokenization of real-world assets as 
signs that the current cycle may just be getting started for the XRP price. 
The One Rule XRP Holders Must Remember Abs amplified a sentiment shared by a 
speaker who stressed that XRP holders should not sell, especially not during 
the coming price spikes. &#8220;Hold a minimum of 10,000 units in a cold storage,&#8221; 
the speaker said. &#8220;Selling is the worst possible thing you can do to an XRP. 
If you sell your XRP when the price bumps, you&#8217;re going to cause a problem.&#8221; 
Related Reading: Prepare For ATHs: ‘XRP Train Has Left The Station – Analyst 
This advice is based on the outlook that XRP is set to benefit from the coming 
wave of real-world asset tokenization. Abs argued that trillions of dollars 
are on the verge of flowing into blockchain ecosystems through tokenized 
assets, with the XRP Ledger expected to capture a significant portion of that 
activity. “From just a few billion today, tokenization is forecasted to grow 
to $19 trillion by 2030,” he said. That growth, coupled with XRP&#8217;s central 
role in facilitating this future, means current holders are sitting on what 
could become generational wealth if they resist the urge to exit too soon. 
Throughout the episode, the host and his co-host, &#8220;Johnny Crypto,&#8221; outlined a 
series of catalysts they believe will push the XRP price into a new era. Among 
them is the “Big Beautiful Bill,” a $1.6 trillion economic stimulus package 
that could flood markets with liquidity. According to Abs, this money will 
drive regular investors into risk-on assets like XRP. He also touched on legal 
developments, noting the SEC may be nearing a decision to drop its appeal in 
the ongoing Ripple case. Another positive catalyst is the possible approval of 
19 different XRP ETFs that are set to launch around October 18. According to 
him, when XRP starts registering daily closings above $3.25, the price chart 
is going to move in ways never seen before. As such, there&#8217;s also the 
possibility of XRP reaching the double-digit threshold above $10 in 2025. 
Still, XRP investors should not make the mistake of selling. The Case For 
Holding Long-Term Interestingly, co-host Johnny Crypto also noted that the 
most positive catalyst of all is if Fed Chair Jed Powell gets booted and a new 
Fed Chair comes in that lowers interest rates. &#8220;That means all bets are on for 
risk-on assets, and crypto will probably be the number one beneficiary,&#8221; he 
said. Related Reading: XRP Wave 3 Could Repeat 600% Surge From Nov 2025, 
Target Set For $15 Johnny Crypto also added a personal layer to the discussion 
by sharing a painful lesson from his past. In 1997, he sold a large amount of 
Amazon stock he owned far too early, a decision that cost him $52 million in 
missed gains. This time, he said, the strategy is different. Although he might 
sell about 30% of his holdings, selling the entire stash is not an option. He 
mentioned that he’s considering placing his XRP in a trust or even borrowing 
against it to maintain long-term exposure. Johnny also issued a broader 
warning, noting that banks may attempt to take control of crypto assets like 
XRP from retail holders in the near future. &#8220;We&#8217;re not that far away,&#8221; he 
said. &#8220;Probably in the next one year, we&#8217;ll hear about banks costing crypto.&#8221; 
At the time of writing, XRP is trading at $3.26. Featured image from Adobe 
Stock, chart from Tradingview.com

Pundit Warns XRP Investors To Not Make This Grave Mistake This Cycle

The president’s pick to sit on an appellate court covering Silicon Valley has 
represented several blockchain entities in courts.