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$USDC USDC, or USD Coin, is a stablecoin pegged to the US dollar, designed to maintain a stable value. It's issued by Circle, a regulated financial technology company. Here are some key details about USDC ¹ ² ³: - *Current Price*: $0.9997-$1.00, with a slight 0.01% increase in the last 24 hours - *Market Cap*: $61.47 billion, ranking #6 in market capitalization - *Circulating Supply*: 61.48 billion USDC tokens - #Tradig Volume*: $5.76 billion in the last 24 hours - *Blockchains*: USDC is natively supported on 21 blockchain networks, including Ethereum, Solana, and Avalanche - *Backing*: USDC is fully backed by highly liquid cash and cash-equivalent assets, with reserves invested in the Circle Reserve Fund, an SEC-registered 2a-7 government money market fund - *Auditor*: Deloitte & Touche LLP is Circle's independent auditor - *Usage*: USDC enables fast, cheap, and global transactions, and is used for various purposes, including lending, trading, and payments Some popular exchanges for buying and trading USDC include - *Binance* - *Coinbase* - #KuCoin - *OKX* USDC has gained significant traction, with over $26 trillion in all-time volume and 1000+ partners, including banks, blockchains, and distributors ¹.
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#PowellRemarks Jerome Powell, Chair of the Federal Reserve, recently shared his insights on the US economy. Here are some key points from his remarks - *Economic Outlook*: Powell noted that the US economy has made significant progress toward the Fed's dual-mandate goals of maximum employment and stable prices. He expects inflation to continue to come down toward the 2% objective, albeit on a sometimes-bumpy path. - *Interest Rates*: The Fed has been reducing policy restraint by lowering interest rates. Powell emphasized that the path for getting there is not preset and will depend on incoming data, the evolving outlook, and the balance of risks. - *Inflation*: Powell believes that inflation is on a sustainable path to the 2% goal. He highlighted that progress on inflation has been broad-based, with estimates indicating that total PCE prices rose 2.3% over the 12 months ending in October. - *Labor Market*: The labor market remains in solid condition, with unemployment remaining low. Powell expects strength in the economy and labor market to be maintained with inflation moving sustainably down to 2%. - *Monetary Policy*: The Fed is committed to finishing the job of bringing inflation down to 2%. Powell emphasized that the risks to achieving employment and inflation goals are roughly in balance. - *Global Economic Uncertainty*: Powell also discussed the impact of global economic uncertainty, including the effects of tariffs on inflation and supply chains. He noted that businesses and households are experiencing high uncertainty, which can lead to postponed investment and hiring decisions. In a recent conversation with , Powell also touched on ¹: - *Fed Independence*: Powell emphasized that the Fed's independence is a matter of law and has broad support across both political parties in Washington. - *Tariffs and Inflation*: Powell noted that tariffs are highly likely to generate at least a temporary rise in inflation, and the Fed's role is to keep inflation expectations well anchored. #FOMCMeeting $BTC #SparkBinanceHODLerAirdrop
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#CryptoStocks Here are some top crypto stocks to consider: *Cryptocurrency Exchanges* - *Coinbase Global Inc. (COIN)*: A leading cryptocurrency exchange platform with over 100 million verified users, currently trading at $295.29. - *Robinhood Markets, Inc. (HOOD)*: A popular platform for trading cryptocurrencies, stocks, and ETFs, with a current price of $78.35. *Cryptocurrency Mining* - *Marathon Digital Holdings, Inc. (MARA)*: A leader in Bitcoin mining, focusing on sustainable practices, with a strong track record of growth$BTC . - *Riot Blockchain, Inc. (RIOT)*: A company building out a crypto mining ecosystem, currently trading at $9.94. - *Hut 8 Mining (HUT)*: A cryptocurrency mining company with a current price of $17.03. *Blockchain Technology* - *NVIDIA Corporation (NVDA)*: A leader in graphics processing units (GPUs) used in cryptocurrency mining, with a current price range of $258.50 to $974.00. - *Advanced Micro Devices Inc. (AMD)*: A company producing GPUs used in cryptocurrency mining. *Other Crypto-Related Stocks* - *MicroStrategy Incorporated (MSTR)*: A company utilizing Bitcoin as a corporate strategy, currently trading at $369.03. - *Block, Inc. (SQ)*: A company offering cryptocurrency and digital payment solutions, with a current price of $86.96. - *CME Group Inc. (CME) *: A leading derivatives marketplace offering cryptocurrency futures and options, currently trading at $272.10 $BTC #FOMCMeeting
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#Tradersleague Whether you are an individual trader or part of a team, the Binance Traders League offers you an exciting journey of growth and competition. Are you ready to take on the challenge and share a $10,000,000 in crypto prize pool? Spot Trading League The Spot Trading League offers a dynamic prize pool of up to $3,200,000 in #BTC☀️ tokens for the ROI Skill Competition and the Trading Volume Competition, and provides welfare activities for traders who are new to spot copy trading and spot robots
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$BTC Check out my latest trade. Let's see if you can top it!
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