In a significant week for cryptocurrency, President Donald Trump signed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act into law, aiming to regulate stablecoins and attract institutional capital. This bill was signed after considerable delay and included notable figures from the crypto industry. Meanwhile, cryptocurrency payments are gaining traction among Gen Z and Gen X demographics, signifying a shift from speculative usage towards practical applications. In other news, Barstool Sports founder Dave Portnoy expressed regret for selling his XRP prior to its recent surge to $3.60. Furthermore, a Bitcoin whale transferred significant amounts to Galaxy Digital, and Trump is reportedly considering an executive order to allow retirement plans to invest in cryptocurrencies, potentially unlocking trillions in investment. Stellar’s XLM is also predicted to rise by 35%, mirroring XRP's bullish movement. However, challenges persist, including a former officer jailed for stealing Bitcoin and legal troubles for MicroStrategy.

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