CRYPTO & STABLECOIN BILLS BLOCKED IN HOUSE! BUT THERE IS HOPE!

In this episode of the Thinking Crypto Podcast, Tony Edward discusses recent developments in the cryptocurrency market and regulatory landscape. He analyzes Bitcoin's price action, noting a healthy pullback and potential consolidation, while highlighting that on-chain data suggests whales are buying the dip. The conversation then shifts to the U.S. House's failure to advance key crypto legislation, including the Genius Act, though there's optimism that the Genius Act may pass soon due to President Trump's intervention. Tony emphasizes the significance of stablecoins and their impact on U.S. dollar dominance. The episode also covers Standard Chartered becoming the first global bank to offer crypto trading services, the NYSE ARCA's approval of a ProShares ultra XRP ETF, Bitwise's proof-of-reserve transparency for their Bitcoin and Ethereum ETFs, the DOJ ending its probe into PolyMarket, and California's launch of a blockchain initiative with leaders from Ripple, Coinbase, and other crypto companies.