President Donald Trump signed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act into law amid much fanfare on July 18. Passed by the Senate on June 17 and the House on July 17, it is the first major crypto-related legislation to become a law in the U.S.

Bitcoin price, XRP and other cryptos have seen big gains this week. The crypto industry notched its first major crypto regulatory win in the U.S. late Thursday.

Some industry watchers point to an imminent Bitcoin correction, despite US lawmakers passing three key bills to provide more clarity for the cryptocurrency industry.

The largest would-be profiteer, if they even exist, could be worth $135 billion. But plenty of others including the president enjoyed a nice boost.

The Bitcoin price continued to consolidate today, July 16, as the recent bull run took a breather, and traders await the vote on the GENIUS Act in the

Charles Schwab is preparing to enter the Bitcoin trading arena, according to CEO Rick Wurster, who spoke in a new interview with CNBC. This positions Charles

Bitcoin was rising on optimism that U.S. regulation will encourage wider cryptocurrency adoption. The House on Thursday passed the Genius Act bill that will create a new regulatory framework for stablecoins,