Grayscale: Ethereum to Benefit from Shift in US Policy towards Crypto-friendly Direction

By: theblockbeats.news|2025/07/05 15:01:29

BlockBeats News, July 5th, Grayscale stated, "We believe that as US policy shifts towards a crypto-friendly direction, Ethereum may benefit from it.

New legislation such as the 'GENIUS Act' is expected to clarify stablecoin regulatory rules, drive investment, and accelerate the adoption of smart contracts. With a strong development community and scalability roadmap, Ethereum is well-positioned to seize this opportunity."

In the past 24 hours, the total amount of liquidations across the network was $99.90 million, primarily from the liquidation of long positions.Coinbase Research Director: The so-called largest short position in ETH history is seriously exaggerated

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