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🇺🇸 FOMC : THE FED HAS ANNOUNCED
NO RATE CUTS. RATES UNCHANGED
MARKET WAS EXPECTING THIS !!
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梁SouL
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just to be safe add more cash, to maintain liquidity and do dca while chasing BEP if necessary
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#CryptoStocks Crypto Market News - Bitcoin: Bitcoin price trajectory is expected to benefit from macroeconomic and crypto derivatives trends, with some analysts predicting a potential surge to $106,000. Bitcoin ETFs have recorded an 8-day inflow streak despite Middle East tensions. - Stablecoin Legislation: The GENIUS Act has passed the Senate, paving the way for a potential $239 billion stablecoin expansion. US President Donald Trump has urged lawmakers to send the bill to his desk "ASAP". - Crypto Adoption: A Pacific nation, Nauru, has passed a law to establish a crypto regulator, while Ohio has passed a bill allowing up to $200 tax-free crypto payments. Crypto Stocks and ETFs - Sol Strategies: A Solana treasury firm with 420,000 SOL has filed with the US SEC to list on the Nasdaq exchange. Solana treasury assets are expected to outperform Ethereum and Bitcoin, according to Cantor Fitzgerald. - Coinbase and Circle: Coinbase and Circle stocks have surged on new legislation, indicating growing interest in stablecoins. - US Bitcoin ETFs: BlackRock's Bitcoin ETF inflows have reached $50 billion, with IBIT shares jumping 4%. Regulatory Updates - South Korea🇰🇷: South Korea is investigating fees of local crypto exchanges, with the newly elected president promising to reduce crypto trading transaction costs. - US 🇱🇷: The US Department of Justice has seized $225 million in a major crypto scam bust, targeting over 400 victims .
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$USDC Here are some of today's USDC news updates : - Circle's IPO: Circle, the issuer of USDC, has increased its initial public offering (IPO) target to $896 million, indicating growing investor interest and a more favorable US regulatory environment. - USDC Adoption: USDC has launched on Japan's SBI VC Trade crypto exchange, expanding its reach. Additionally, Sony Electronics Singapore has partnered with (link unavailable) to enable USDC payments, highlighting the growing trend of stablecoin adoption in the region. - Stablecoin Market: The stablecoin market has reached over $214 billion, with USDC outpacing USDT's growth since November. USDC's market capitalization has also surpassed its previous peak. - Coinbase Integration: Coinbase has introduced 24/7 USDC settlements, allowing for faster and cheaper transactions. The platform has also debuted a crypto checkout system, enabling merchants to accept USDC instantly. - Market Performance: USDC's price is currently $0.9998, with a 24-hour trading volume of $5.6 billion. Its market capitalization stands at $61.5 billion, ranking #7 on CoinGecko. Some notable developments in the USDC ecosystem include : - Regulatory Progress: The GENIUS Act aims to regulate stablecoins, potentially paving the way for further adoption. - Partnerships: Circle has partnered with Nubank to offer a 4% annual USDC rewards program, and Stablecorp has received investment from Coinbase Canada's CEO. - Market Trends: Solana's stablecoin market cap has hit a record high of $13 billion, with some analysts predicting a potential rally.
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$USDC - USDC on XRP Ledger: Circle's USDC has officially launched on the XRP Ledger, enabling cross-chain transfers via XRP's auto-bridging feature. This integration allows users to leverage XRP as a bridge currency to transfer USDC between decentralized exchanges, expanding the reach of the dollar-pegged digital asset. - Circle's IPO: Circle, the issuer of USDC, has filed for an initial public offering (IPO) with the New York Stock Exchange (NYSE) and plans to trade under the ticker symbol CRCL. The IPO is expected to raise up to $624 million, with BlackRock Inc. planning to acquire roughly 10% of the shares. - USDC Market Cap: USDC has surpassed its previous peak market capitalization, recovering from a collapse triggered by a regional bank run in 2023. The stablecoin's market cap has grown significantly, with Circle minting another 250 million USDC on Solana, pushing its 2025 total issuance to $8 billion. - Adoption and Partnerships: USDC is gaining traction, with Nubank launching a 4% annual USDC rewards program for stablecoin holders and Circle partnering with Hong Kong Telcom to build customer loyalty solutions backed by Web3 technology. - Regulatory Landscape: The US regulatory environment is evolving, with the GENIUS Act aiming to regulate stablecoins. However, debates continue around dollar-pegged versus gold-backed stablecoins, with some critics arguing that dollar-pegged stablecoins are temporary fixes.
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GENIUSActPass
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