Bitcoin News Today: Trump Signs GENIUS Act, Ether Surges 10% to $3,800

On Friday, U.S. President Donald Trump signed the GENIUS Act into law, establishing a comprehensive regulatory framework for stablecoins pegged to assets like the U.S. dollar. This move not only provides much-needed regulatory clarity for the industry but also signals a new era of mainstream adoption for digital currencies. Concurrently, Ether surged past $3,800, reaching its highest price since January.

The GENIUS Act, the first major U.S. stablecoin regulation, was passed with overwhelming bipartisan support in both the House and the Senate. The legislation embeds consumer protections and bipartisan oversight into the fabric of digital currencies, which could reshape liquidity and investor confidence. This regulatory milestone sets the stage for strategic positioning in the crypto market, as Washington pivots to embrace these new rules.

Trump, speaking at the White House, declared the signing a "massive validation" of the industry's hard work and pioneering spirit. He praised crypto leaders for gaining respect in a short period, arguing that support for digital currencies is good for the dollar and the country. The sector, which felt unfairly targeted under the previous administration, poured money into Trump's campaign, hoping for political recognition.

While the GENIUS Act bans Congress members and their families from profiting off stablecoins, the rule does not apply to the president or his family. Trump's family holds a major stake in World Liberty Financial, which launched its own stablecoin this year and received an early boost from UAE investment. This move highlights the growing crypto presence from the White House.

Market-wise, Ethereum's price has surged, reclaiming January highs and turning positive for 2025. It rose double digits this week, marking its strongest two-week gain since 2021. This surge was driven by Ether ETFs making history, pulling in significant net inflows and leading the market for the first time. Analysts noted that no coin seems to have more momentum than Ethereum lately, suggesting the crypto "leadership pendulum" might be swinging its way.

With stablecoin rules etched into law and Ethereum outperforming its peers, market dynamics are ripe for fresh opportunities. Regulatory clarity tends to favor tokens with clear on-chain utility and robust governance, setting the stage for renewed inflows. If one is looking for the best crypto to buy now, these conditions could signal a prime moment to invest.

Snorter, a Solana-based trading bot, leverages MEV protection and multichain capabilities to identify high-potential DeFi tokens. With front-running defense, low fees, and automated sniping on Telegram, it capitalizes on the GENIUS Act's stablecoin surge. Snorter Token ($SNORT) powers the Snorter Bot, an automated tool designed to hunt and snipe the hottest tokens on the market, simplifying the process for traders.

Bitcoin Hyper (HYPER), a new Layer-2 solution for Bitcoin, has already raised over $3.5 million in its ongoing presale. As Bitcoin faces scalability challenges, Bitcoin Hyper promises to bring the sophistication and speed of modern blockchains to BTC without sacrificing decentralization. The project aims to solve scalability issues by leveraging the Solana Virtual Machine (SVM) for faster, scalable transactions and smart contracts, offering sub-second finality and supporting thousands of TPS.

Best Wallet Token ($BEST) serves as a key gateway to compliant digital assets. By simplifying user access and leveraging new federal safeguards, it is set to benefit from increased everyday transactions and retail adoption. The presale is happening directly within the app, marking $BEST as the first token to launch through Best Wallet. This level of integration signals strong utility and sets it apart from typical crypto projects.

Trump’s enactment of the GENIUS Act marks a watershed moment for stablecoins, embedding consumer protections and bipartisan oversight into the U.S. digital asset framework. This landmark legislation underscores how far the industry has come, transitioning from the fringe to the mainstream and setting a precedent for regulatory maturity. Benefiting some of the major cryptocurrencies, such as Ethereum.

For investors, the takeaway is clear: as on-chain governance and compliance take center stage, selectively positioning in tokens that blend utility with oversight could yield the most durable returns. By focusing on assets built for this new regulatory era, one will be aligning with the best crypto to buy now.