A Hitchhiker’s Guide to Web3 July vol.2.wav
The crypto world lately feels like a high-speed train ride. One moment you're swapping WeChats in an FTX creditors group chat; the next, you're barreling into congressional hearings, SEC press briefings, and Elon Musk’s sci-fi romance scripts.
In July, capital and regulation collided at full speed. The U.S. passed three major crypto bills in one go. Trump didn’t just sign the GENIUS Act — he teased it like a Netflix drop. The SEC followed up, pushing for an “innovation exemption” to accelerate tokenized securities.
Meanwhile, ETH took off. $2.1B poured in within a week, whales banded together, and Arthur Hayes called it: Ethereum Season is here. Even Matrixport hinted this run is Asia-led.
Welcome to the new crypto era — you're still dreaming, regulators are drafting laws, and ETH already left the station.
The GENIUS Act is now law. The other two are headed to the Senate. If this isn’t the government embracing crypto, it’s at least a sign they know they can’t stop it anymore.
rick awsb ($people, $people) on Twitter / X