Cryptocurrency Live News & Updates : Greene Criticizes GENIUS Act as Government Control Tool

13 hours ago 2

21 Jul 2025 | 01:35:12 AM IST

Cryptocurrency News & Live Updates

Synopsis

As the crypto market cap surpasses $4 trillion, investors focus on Kaito, AVAX, and Pi Network amid corporate earnings and token unlocks.

This week, the cryptocurrency market is poised for significant movements as major corporate earnings reports from companies like Google and Tesla loom, alongside critical geopolitical developments. Notably, Kaito is set to unlock tokens worth over $13.94 million, which may impact its price due to bearish chart patterns. Meanwhile, Avalanche (AVAX) has seen a remarkable rise, but faces a token unlock of $41.1 million, testing its recent gains against a key resistance level. Pi Network, on the other hand, is nearing a crucial support level, with potential for a rebound if it breaks out of a falling wedge pattern. In legislative news, Representative Marjorie Taylor Greene has criticized the GENIUS Act, claiming it could lead to government-controlled digital currencies, while supporting other bills aimed at protecting self-custody rights and prohibiting Central Bank Digital Currencies. As the crypto landscape evolves, these developments highlight the intersection of market dynamics and regulatory changes that could shape the future of digital assets.

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Key Cryptocurrencies to Monitor This Week

As the crypto market cap surpasses $4 trillion, investors focus on Kaito, AVAX, and Pi Network amid corporate earnings and token unlocks.

Greene Criticizes GENIUS Act as Government Control Tool

Representative Marjorie Taylor Greene has denounced the GENIUS Act, claiming it paves the way for a central bank digital currency and government control over financial transactions.

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