strong buy
US Legislation and Institutional Interest Fuel Crypto Market Surge
The Digest: Major Cryptocurrency News for July 18 🚀
Headline:
🇺🇸 The US House of Representatives Passes GENIUS — the First Cryptocurrency Legislation
News Highlights:
🗣 A video has surfaced showing Bitcoin transfers conducted without internet via Bitchat
👀 Institutional investors are increasing their Ethereum holdings
🇷🇺 Sberbank has proposed enabling crypto users' authorization through 'Gosuslugi'
💸 Coinbase hits a high as Wall Street responds positively to a successful crypto week
Market Movements:
📈 Who is buying Ethereum and why the coin could hit all-time highs as early as next week
📊 Bitcoin faces pressure from whales: what to expect from BTC price movements
📉 Listing on Coinbase has boosted Caldera (ERA) price, but selling pressure persists
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AI Analysis
The recent adoption of the GENIUS bill by the US House of Representatives marks a pivotal moment in the regulation of cryptocurrencies in the United States. This legislation could pave the way for cle...
AI Recommendation
Investors should closely monitor the progression of the GENIUS bill and its potential impact on market regulation, as legislative clarity may drive long-term growth. The increasing institutional inter...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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weak buy