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Best crypto to buy now as US Senate passes the GENIUS bill – Crypto News

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  • Regulatory clarity is seen as a critical factor for broader adoption, particularly for early-stage tokens.
  • Bitcoin Pepe sets itself apart from most meme tokens that rely mostly on hype.
  • The project’s presale has raised close to $15 million.

Bitcoin and the broader cryptocurrency market fell sharply after US President Donald Trump issued a pointed threat aimed at Iran’s Supreme Leader, Ayatollah Ali Khamenei, reigniting geopolitical concerns.

Major tokens including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) hovered near key technical levels on Wednesday, following a broader sell-off the previous day.

The decline came as investor sentiment turned cautious amid rising fears of potential US involvement in the escalating conflict between Israel and Iran.

Geopolitical tensions like these typically prompt a shift toward safer assets.

With markets adopting a defensive stance, analysts noted the possibility of further downside for cryptocurrencies if the situation worsens.

Amid the volatility, a key regulatory development provided a counterpoint.

The US Senate passed the long-anticipated Stablecoin Bill, marking a significant step in formalising digital asset oversight.

The move signals increasing institutional and legislative acknowledgment of crypto’s role within the financial system.

Regulatory clarity is widely viewed as a critical factor for broader adoption, particularly for infrastructure-focused and early-stage tokens.

Projects such as Bitcoin Pepe—described as a Layer 2 initiative combining meme culture with blockchain utility—could be positioned to benefit from the shifting regulatory landscape.

US Senate passes GENIUS Act

With broad bipartisan backing, the US Senate on Tuesday passed the landmark GENIUS Act, marking the first time the chamber has approved major cryptocurrency legislation and intensifying pressure on the House to move forward on stablecoin regulation.

The legislation, formally known as the Guiding and Enabling National Innovation for United States Stablecoins Act, aims to establish a regulatory framework for payment stablecoins.

It passed after weeks of committee hearings, failed procedural votes, and last-minute negotiations.

Republican Senator Bill Hagerty, who was a sponsor for the bill, credited his colleagues for pushing the legislation through.

“With this bill, the United States is one step closer to becoming the global leader in crypto,” Hagerty said following the vote.

“The GENIUS Act establishes a pro-growth regulatory framework for payment stablecoins. This bill will cement US dollar dominance, it will protect customers, it will drive demand for US Treasurys.”

The bill’s passage reflects a notable shift in Washington’s approach to digital assets, particularly under the Trump administration, which has prioritized formalizing legal structures for cryptocurrencies.

The White House has publicly supported efforts to create a comprehensive digital asset framework.

Bitcoin Pepe set to ride the crypto wave

Rising regulatory clarity in the US is expected to bring greater visibility to altcoins and meme coins, potentially reshaping investor perceptions across the digital asset landscape.

As oversight improves, the market may begin to shift away from pure speculation and toward more utility-driven narratives—an evolution that could benefit technically ambitious projects seeking to bridge meme culture with real-world functionality.

One such project is Bitcoin Pepe, which combines infrastructure innovation with cultural relevance.

Positioned as a Layer 2 play aiming to merge Bitcoin’s base-layer security with Solana-style scalability, Bitcoin Pepe sets itself apart from most meme tokens that rely solely on hype.

The project has also shared images to show the development work that has been going on behind the scenes.

The project is underpinned by a defined technical roadmap and an infrastructure-first approach, helping it stand out in a crowded space.

That positioning appears to be resonating: the team has raised nearly $15 million in its ongoing presale, ahead of a confirmed listing on MEXC and BitMart.

Another major listing announcement is expected on June 30, adding to investor anticipation.
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