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Crypto News

From the Trump invoice to Altcoin Etf updates

Many major events occurred in Crypto this week, with the approval of the Great Great Bill, which prompted another division between Elon Musk and President Trump. Robinhood has unveiled symbolic shares and other ambitious goals.

The first Solana Staking Etf started trading on the American markets, but SEC was late Altcoin’s basket product in SEC. All of these stories and more are available in Beincrypto.

Trump signs a beautiful draft law in the law

This week, a major part of the large -scale organization has been approved on Crypto, as the beautiful Trump bill in the Senate and the House of Representatives succeeded. Although many rulings on encryption and AI have not survived the final issue, the draft law as it will have tremendous effects.

Earlier in the day, on July 4, Trump recently signed a $ 3.3 trillion bill in the law.

Among the many issues covered by the big beautiful bill, the most prominent mega tax cuts of the ecosystem for encryption appear. These discounts will not only encourage local encryption investment, but it is also possible to weaken the dollar significantly.

By increasing deficit and financial instability, the draft law may encourage Bitcoin as a value store.

Trump’s repercussions and musk again

Of course, the encryption community is far from a uniform on the beautiful draft law. This week, Elon Musk warned supporters of its major capabilities, and sent shock waves via the encryption market.

Musk is very anxious about the United States’ deficit, as it is clear from its time in Doug, and has repeatedly warned that this bill may lead to stagnation:

During the past few days, Musk has pledged to create a new political party if the Great Grand Law was passed. This permanent political divorce can be represented by Trump, which may particularly affect the Mimi currency market.

So far, musk still runs social media reconnaissance On this third party, its plans may not actually be achieved.

Solana Staking Etf begins trading

In a lighter piece of encryption news, the first Solana Solaa Stoke ETF started to trade earlier this week. The Securities and Stock Exchange Commission gave positive signals regarding potential approval several days ago, and the producer is now living on the regulation exchanges.

This is a major penetration of the Crypto ETF.

Unfortunately, the Crypto ETF sub -sector has received some bad news this week. Although the Supreme Education Council approved outwardly on the investment funds circulating in the new basket, as it contains many of the main altcoins, it started another delay after a short period.

The Commission’s deadline for approval of such a product was July 2, but this unconventional strategy may have given it more time.

It is not clear why SEC decided exactly to take this position. It also works on a simplified ETF application, which may help explain the situation. There are already dozens of active proposals, and no one knows how to interact with this new mechanism.

Robinhood launches distinctive stocks

This week, Robinhood has revealed its long -term plans to expand the encryption industry. The company explores this market for more than a year, but its latest offer at ETHCC 2025 is very ambitious goals.

Robinhood plans to repeat more than 200 shares and investment funds circulating for the American and European markets, turning the encryption application into a comprehensive investment platform.

The company has also announced some other goals, such as Layer-2 Blockchain, the permanent future contracts for European Union users, the distinctive symbol of the American market, and more.

If accomplished, these milestones can help consolidate the Robinhood status as a major existence in the encryption industry.

“Microstrategy Solana” everything goes on the acquisition

In a final piece of Crypto News this week, Defi Development announced the sale of $ 100 million shares to finance the Solana acquisition.

There are a large number of companies that buy Bitcoin, which raises fears of the bubble, but Defi Development is the only company that tries to the Sol Treasury Plan. The value of the shares was disrupted when it announced this sale, but it was recovered throughout the week.

This week in Defi Development
DEFI Development Price Performance. source: Google Financing

Regardless of what is happening, the Defi Development Corporation will lead to valuable information about market appetite. Since the Treasury Ministry plans, such as Microstrategy, takes over the entire Bitcoin sector, the Altcoin acquisition effort may lead to getting rid of everything.

These stories are just a small collection of major events that occurred in Crypto this week. As always, beincrypto stands ready to keep you aware of all market developments.

Disintegration

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