Many major events occurred in Crypto this week, when the major bill was adopted, which caused another separation between Elon Musk and President Trump. Robinhood has unveiled token actions and other ambitious goals.
The first ETF of Solana Staking began to negotiate in the American markets, but the SEC delayed the product of the Altcoin basket on the gray scale. All these stories and more are available in Beincrypto.
Trump signs a major law on law
This week, a key settlement with major implications for the crypto has been adopted, while Trump’s great bill succeeded in the Senate and the House of Representatives. Although many provisions specific to crypto and AI have not survived the final version, the bill as it is able, however, will have massive implications.
Earlier in the day, on July 4, Trump finally signed the 3.3 -dollar billion bill.
Among the many problems that Big Beautiful Bill covers, massive tax reductions seem the most salient to the cryptographic ecosystem. These cuts not only encourage investment in national cryptography, but they are also likely to considerably weaken the dollar.
By increasing the deficit and budgetary instability, the bill can encourage the use of Bitcoin as a value reserve.
Trump and Musk Fallout
Of course, the cryptographic community is far from being united on the great beautiful bill. This week, Elon Musk warned supporters of its main potential drawbacks, sending shock waves via the cryptography market.
Musk is very concerned about the American deficit, as evidenced by his time in Doge, and he has repeatedly warned that this bill could lead to a recession:
In recent days, Musk has promised to create a new political party if the major bill is adopted. This could represent a more permanent political divorce from Trump, which could particularly have an impact on the parts market even.
So far, Musk has always managed a survey on social networks on this third party, and its plans may not materialize.
Solana Staking ETF is starting to exchange
In a lighter new crypto, the first ETF in the United States Solana Staking began to exchange earlier this week. The SEC has given positive signals concerning potential approval for several days before, and the product is now live on regulated exchanges.
This represents a great breakthrough for the Crypto ETF sector.
Unfortunately, the Crypto ETF subsector has also received bad news this week. Although the SEC has ostensibly approved the new basketball of the gray scale, containing several major altcoins, it initiated another delay shortly after.
The commission’s final deadline to approve such a product was July 2, but this unorthodox strategy may have given it a little more time.
We do not know why the dry decided exactly to take this position. It also works on a rationalized ETF application process, which can help explain the situation. There are already dozens of active proposals, and no one knows how they will interact with this new mechanism.
Robinhood is launching token stocks
This week, Robinhood has unveiled its long -term expansion plans in the cryptography industry. The company has explored this market for over a year, but its recent presentation at the ETHCC 2025 has detailed very ambitious objectives.
Robinhood plans to tokenize more than 200 actions and ETF for the American and European markets, transforming its cryptographic application into an all-in-one investment platform.
The company has also announced some other objectives, such as its own Blocchain de Couche-2, perpetual term contracts for EU users, a milestone for the American market, etc.
If it is accomplished, these steps could help solidify the stature of Robinhood as a major presence in the cryptographic industry.
“Solana’s microstrategy” goes to any acquisition
In a last piece of crypto news this week, Defi Development announced a sale of stocks of $ 100 million to finance the acquisition of Solana.
A large number of companies buy Bitcoin, which raises concerns of a bubble, but Defi development is the only company to try a soil cash plan. Its stock value crashed when it announced this sale, but recovered throughout the week.
Regardless of what is happening, the Development Development company will provide valuable information on market appetites. While microstrategy business cash plans take control of the entire Bitcoin sector, an altcoin acquisition effort could shake everything.
These stories are just a small selection of major events that have occurred in Crypto this week. As always, Beincrypto is ready to keep you informed of all market developments.
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