These assets tend to rally in tandem with ETH during periods of rising market confidence, especially when capital flows into Ethereum Layer 1s and older majors in search of beta.

Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step closer to their wallets for everyday use.

If passed, the bills could lead to new ways to use the currencies, corporate adoption, and institutional investment.

Crypto executives poured millions into Trump’s campaign, and now he’s helping to make their priorities into law.

The House took a record nine hours to vote to advance the legislation Wednesday as Republican leaders negotiated with conservative holdouts who blocked the trio of bills.

The House voted to advance key crypto bills on Wednesday, after more than 9 hours of negotiations, President Trump intervention.

Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.

Juan Leon, research analyst at Bitwise Asset Management, said these companies' ability to buy bitcoin suggests they represent a bigger source of recent demand than pension, endowment and hedge funds that are major players in stock and bond markets. Strategy and GameStop did not respond to requests for comment.