The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
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Wall Street NY, the global crypto market cap has officially surpassed $4 trillion, driven by unprecedented investor confidence following the passage of two landmark U.S. crypto bills — the GENIUS Act and the CLARITY Act. Dubbed “Crypto Week” on Capitol Hill, these legislative milestones are reshaping the future of digital assets in America and beyond.
Continue reading Crypto Market Cap Surpasses $4 Trillion as U.S. Passes Historic Stablecoin Bill
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Ridgewood NJ, Bitcoin has reached a new all-time high, surging past the $110,000 mark on May 22, 2025 — a historic date known as Bitcoin Pizza Day. The leading cryptocurrency rose by over 4% in the last 24 hours, trading at $111,489 with a 77% increase in trade volume, according to CoinMarketCap.
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Hackensack NJ, Carlos Iván Merino, Executive Director of the New Jersey Innovation & Technology Alliance (NJITA), recently traveled to Washington, D.C., as part of a national effort to advocate for regulatory clarity on blockchain and digital assets. During his fly-in visit, Merino met with key lawmakers from New Jersey and New York to emphasize the need for clear federal rules to support Web3 innovation.
Continue reading NJITA Executive Director Advocates for Clear Blockchain Regulations on Capitol Hill
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New York NY, JPMorgan Chase is taking a significant step into the world of cryptocurrency by allowing clients to invest in Bitcoin, marking a notable shift for the largest U.S. bank. The announcement came during the bank’s annual investor day on Monday, despite CEO Jamie Dimon’s longstanding and vocal criticism of Bitcoin and the broader crypto market.
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Washington DC, in a significant blow to both the cryptocurrency industry and a top legislative priority of former President Donald Trump, Senate Democrats have voted to block a bill to regulate stablecoins, halting momentum on a bipartisan push to bring clarity to the fast-growing digital asset sector.
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Washington DC, in just under 100 days, the Trump administration has drastically reshaped Washington’s stance on cryptocurrency, fulfilling many campaign promises through a flurry of executive orders, regulatory reforms, and symbolic gestures that crypto leaders say mark a major turning point for the industry.
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Ridgewood Nj, The cryptocurrency industry, after years of regulatory ambiguity and enforcement crackdowns, is on the cusp of a transformative moment. With the 2024 elections behind us, the incoming administration and Congress are poised to embrace pro-crypto policies that could shape the future of digital assets in America.
Continue reading Crypto’s Big Break: A New Era for Digital Assets in the U.S.