House Crypto Vote Breaks Records as GENIUS Act Inches Closer to Trump's Desk
At stake: a trio of major crypto bills, led by the controversial GENIUS Act, which would mandate that all stablecoins be backed 1:1 with verifiable reserves. For a moment, the entire U.S. crypto legislative agenda teetered on the edge, and with it, the current crypto bull run. Speaker Johnson Scrambles as GOP Divides Over Stablecoin Rules
Ten Republican holdouts refused to back the rule package, forcing Speaker Mike Johnson (R-La.) into hours of behind-the-scenes negotiations to keep the agenda intact. The rebellion included Reps. Chip Roy (R-Texas) and Marjorie Taylor Greene (R-Ga.), along with House Financial Services Vice Chair Bill Huizenga (R-Mich.), whose initial "no" vote sent shockwaves through GOP leadership.
"This is about more than crypto. It's about whether the House always has to bow to the Senate,"
– Senior Republican aide to FOX News
Despite the chaos, the GENIUS Act ultimately passed and is now heading toward President Donald Trump, who has already pledged to sign it into law. But for markets, the bigger prize remains the CLARITY Act, a bill that would provide comprehensive legal guardrails for digital assets and institutional crypto adoption.
If the CLARITY Act doesn't pass soon, many analysts believe it could halt the momentum behind the current bull market, especially with institutional capital sitting on the sidelines. Bitcoin Hyper Emerges as the Sleeper Winner of Crypto Week
While Washington stalls, the market isn't waiting. Bitcoin Hyper, a new memecoin with real utility, just passed $3 million raised in its presale, with interest surging as confidence builds around upcoming legislation.
Built on Solana, Bitcoin Hyper aims to bridge Bitcoin's security with Solana's speed using zero-knowledge proof technology. The project wraps BTC, enabling users to stake, swap, launch tokens, and build dApps all while keeping BTC locked on-chain.
At its current price of $0.012275, investors still have a limited window to enter before the next presale tier triggers.
"It's moving faster than half the chains claiming 'Layer-2,'"
– Bitcoin Hyper development team
Early supporters can participate through ETH, USDT, BNB, or card, with staking rewards up to 320% APY available to those looking to earn while waiting for price discovery.
Bitcoin Hyper is already being featured inside Best Wallet's Upcoming Tokens tab, and the Telegram/X communities are growing by the hour as eyes shift toward potential post-CLARITY Act breakouts.
Whether or not the House clears the full crypto legislative package in time, the energy on the ground — and in the memecoin market — is already moving.
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