an 89% chance of the Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, passing the US Senate and House of Representatives and being signed into law by the president before 2026. ....

• Short-term Bitcoin holders sold 15,000 BTC at a loss throughout the week. ....

XBTO, a crypto investment firm and liquidity provider, has partnered with Arab Bank Switzerland to provide a Bitcoin yield product to the bank’s wealth management clients, part of a growing appetite among institutions for BTC yield products.

) yield fund. ....

Elon Musk’s social media platform, X, will soon integrate various financial services, enabling users to make payments and investments directly within the app.

, X CEO Linda Yaccarino said the platform’s estimated 600 million users will eventually “be able to transact [their] whole life on the platform,” from sending money to managing investments.

The company is also considering launching an X-branded credit or debit card, potentially later this year. ....