Trump Declares Crypto Bill ‘Genius’ as Bitcoin Skyrockets Past $100,000!

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In a moment of sheer genius, Donald Trump has shared his thoughts on a newly passed bill, and no, it’s not about fixing potholes or improving healthcare. According to Forbes, Trump celebrated the passing of a bill that could make America “the undisputed leader” in something much more glamorous—digital assets. Apparently, the once-volatile Bitcoin has now surged past $100,000, thanks to Trump’s “Liberation Day” tariffs. Because, why not? Tariffs and Bitcoin go hand in hand, right? 🤷‍♂️

Trump took to Truth Social to announce, with the kind of humble flair only he can muster, “The Senate just passed an incredible bill that is going to make America the undisputed leader in digital assets. Nobody will do it better. It is pure Genius.” Oh, you heard it right. Pure genius, like the invention of the stapler or the wheel. 🚀

The bill, officially known as the “Guiding and Establishing National Innovation for U.S. Stablecoins” Act—because who doesn’t love a catchy acronym like GENIUS—lays out a regulatory framework for dollar-backed stablecoins. It’s expected to usher in a new wave of institutional money into the crypto market. So, get ready for Wall Street’s version of a “blockchain revolution”—one that’s probably just as complicated as explaining how to use Excel to your grandparents. 💼📈

Is Trillions of Dollars Just Around the Corner?

Hold onto your hats, folks. Treasury Secretary Scott Bessent, fresh from his crystal ball session, recently forecasted that crypto might just help secure the U.S. dollar’s throne. According to Bessent, stablecoins could soon become the buyers of U.S. Treasurys, creating a loop of economic synergy that sounds as smooth as a bedtime story. “It’s going to be huge,” he said. Of course, he didn’t mention that most people still don’t know how to buy crypto without accidentally sending their funds to a Nigerian prince. 🤦‍♂️

Trump’s administration, in all its wisdom, has framed the bill as a strategic move, with the Genius Act acting as the legislative cornerstone for further innovation. So if you’re not yet convinced that digital assets are the future, don’t worry. Trump is here to make sure you see the light. After all, “Digital assets are the future, and our nation is going to own it,” Trump declared. It’s about “massive investment and big innovation,” he added. Because who doesn’t like a little buzzword-filled speech every now and then? 💰

As the bill clears the way for more regulatory clarity, Wall Street insiders and retail traders are anxiously waiting to see if this “Genius Act” will be the spark that unleashes trillions into the crypto market. Stay tuned—this could be the moment that either catapults us into the future or leaves us wondering how we got here in the first place. 🔮

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2025-06-19 18:40