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Blockstreet 86: DC Declares Crypto Week, Ex-agent Joins BankSocial

Published on 07/11 2025 13:39

In This Week’s Recap:

  • Congress Declares Crypto Week
  • GreyScale Adds HBAR
  • BankSocial Corner
  • Pump.Fun Launches Token
  • Hot Topics

The Big Idea

Congress Declares Crypto Week

The House is officially naming the week of July 14th “Crypto Week,” planning votes on major crypto bills aimed at locking in the U.S. as a global leader in digital assets. Lawmakers will bring three bills to the floor: the CLARITY Act, the Anti-CBDC Surveillance State Act, and the Senate’s GENIUS Act. Together, they aim to create clear crypto rules, support stablecoin growth, and block a government-run digital dollar. After years of stalled efforts, Congress appears ready to make digital asset regulation a priority — setting up what could be a defining moment for U.S. crypto policy.

Read More

• • • •

Crypto News

HBAR Joins Grayscale Spotlight

Grayscale has added Hedera (HBAR) to its Smart Contract Platform Fund, marking the token’s first inclusion in one of the asset manager’s major portfolios. HBAR now makes up 5.8% of the fund, joining Ethereum, Solana, and Cardano. The move replaces Polkadot, which was dropped entirely. HBAR responded quickly — its price jumped over 7% in 24 hours, with trading volume spiking by 25%.Grayscale’s pick signals growing confidence in Hedera’s tech and long-term potential, and gives HBAR a stronger foothold in the institutional spotlight.

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• • • •

BankSocial Corner

Secura Essentials Launches

Secura Essentials is now available in the official BankSocial App, offering smarter crypto security with real-time protection and human support. Features include a quick “I’ve been scammed” button to report suspicious transactions, an AI-powered risk analyzer to warn you before connecting to risky exchanges or contracts, and 24/7 monitoring with real human assistance. Upgrade your wallet’s defense today!

Check It Out

• • • •

CEX, Rugs, Block and Roll

Pump.fun Token Sale Buzz

Pump.fun is launching what’s being called one of the biggest token presales in crypto history. The platform, known for letting users create memecoins without coding, is selling its PUMP token through Bybit. It’s already brought in over $700 million in revenue, but not without criticism. Some say it’s turned crypto into a memecoin casino, with many users losing money fast. Bybit says European users are blocked from the sale due to regulations, but that hasn’t slowed the hype. This presale is getting a lot of attention — and it could be a major moment for the project.

Read More

• • • •

While anyone can access the BankSocial ecosystem, certain features including the exchange require Verifiied®- our simple KYC solution. Login to My.BankSocial.io and start the process now.

• • • •

Hot Topics

What’s on everyone’s mind?

Tokenized assets are quickly growing in adoption. This comes as Robinhood, Coinbase, and others are discussing tokenizing US Securities — evolutionizing the space.

XRP CEO Brad Garlinghouse announced on X that Ripple is applying for a national bank charter.

Following a dispute with the President, Elon Musk has stated that he is forming his own political party, and that it will embrace Bitcoin.

• • •


was originally published in BankSocial News on Medium, where people are continuing the conversation by highlighting and responding to this story.

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