#CryptoStocks
Circle (CRCL) increased by 34% to a new all-time high after the U.S. Senate approved the GENIUS Act — fueling optimism for the regulation of stablecoins and cryptocurrency stocks. With Circle's impressive IPO, many now see this as the beginning of a wider wave of cryptocurrency public offerings.
💬 Is this real demand from investors driving cryptocurrency IPOs — or just short-term hype? Which cryptocurrency companies do you think are next?
#PowellRemarks
The Fed kept rates steady for the fourth consecutive meeting. Chairman Powell stated that more information is needed before cutting, even as inflation cools. The Fed's projections for 2025 show two possible rate cuts. Meanwhile, Trump reignited tensions, calling Powell "stupid" and demanding a 2% cut to boost the economy.