This week marks the start of active discussion around cryptocurrency legislation in the U.S., which could significantly influence the market.
Expansion of Crypto Legislation in the U.S.
With ‘Crypto Week’ approaching, the potential signing of the Genius Act and the advancing Clarity Act are on the horizon. Lawmakers are also focusing on the details of the Anti-CBDC Surveillance Act.
Trends and Predictions for Crypto Assets
Ethereum is showing bullish signals due to an anticipated supply shock, while Cardano is being seen as a potential contender for a rise to $1. XRP is also starting to gain momentum as its price could be driven by new demand.
Crypto Market Awaits New Data
Regulatory frameworks and new initiatives, such as the introduction of the ISO 20022 standard, are creating prospects for further development, although not all expect immediate impacts on cryptocurrency prices.
With the passage of new bills and changes in the market, investors should pay close attention to developments that may radically alter the rules of the game in the crypto industry.
