While Bitcoin briefly dropped below $108K amid geopolitical headlines from Iran, Ethereum held steady at $2,750 — showing relative resilience 🕯
But that was just the beginning of the day’s turbulence.

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🧾 Key Developments:

🔹 US Senate Advances Stablecoin Regulation (GENIUS Act)
The Senate passed a procedural vote to move the GENIUS Act forward. Final approval is expected Monday.
📈 Treasury Secretary Scott Bessent believes stablecoin market cap can exceed $2 trillion in the next few years.

🔹 Trump’s “Golden Visa” Offer Hits the Web
Donald Trump shared a link to a new $5M “Gold Card” program that grants foreign investors residence and work rights in the U.S.
💬 “He’s monetizing everything he can,” as crypto Twitter puts it.

🔹 Institutions Still Buying BTC
– GameStop announced a $1.75B convertible note offering to add BTC to its treasury
– Mercurity Fintech plans to raise $800M and has been preliminarily added to the Russell 2000 Index

🔹 Leverage Gets Wild: Mega-Short on BTC
An anonymous trader opened a 40x short on BTC for $133.7M. His lifetime PnL? + $8.5M 💀

🔹 Binance Returns to Syria
After a long pause, Binance officially announced the resumption of operations in Syria 🇸🇾

🔹 Coinbase Lists PancakeSwap (CAKE)
Today marks the official CAKE listing on Coinbase — one of the most iconic DeFi tokens 🥞

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📌 Despite BTC’s pullback, institutional interest keeps surging, legislation is catching up, and the stage is being set for a major wave of structured capital inflows.