Galaxy Digital CEO: The passage of two key US crypto laws will bring a cycle-breaking wave of investors
TechFlame
2025-09-24 03:59
TechFlame2025-09-24 03:59
English
TechFlame reports that Galaxy Digital CEO Mike Novogratz said that the passage of two key US crypto laws will usher in a new wave of cryptocurrency investment, which may break the traditional four-year market cycle.
Novogratz said on Tuesday that the GENIUS Act (which aims to regulate stablecoins) signed into law in July, and the CLARITY Act, which defines the regulatory authority's jurisdiction over cryptocurrencies, will disrupt the traditional four-year cycle model.
“This is a big deal. With these two pieces of legislation as “bookends,” it will unleash tremendous new power and attract a large number of new players into the cryptocurrency sector.”
Many crypto investors believe that the crypto market follows a pattern of price movements, which coincides with the Bitcoin halving event that occurs approximately every four years. The most recent halving occurred in April 2024, so some think the current bull market may soon be over.