As usual growing day by day. . Going to get ATH soon $THE | Crypto Sanjit on Binance Square

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As usual growing day by day. . Going to get ATH soon 
$THE 
#the #GrowingTogether 

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$USDC USDC, or USD Coin, is a type of cryptocurrency known as a stablecoin. Its value is pegged to the US dollar, meaning 1 USDC is equivalent to 1 USD. This stability makes it an attractive option for those looking to mitigate the volatility often associated with cryptocurrencies. *Key Features:* - *Backed by US Dollar Reserves*: USDC is fully backed by US dollar-denominated assets held in reserve, ensuring its stability and reliability. - *Regulated*: USDC is issued by Circle, a regulated financial technology company that adheres to strict US laws and standards. - *Transparent*: The reserves backing USDC are publicly disclosed on a monthly basis, providing transparency and accountability. - *Multi-Blockchain Support*: USDC operates on various blockchain networks, including Ethereum, Solana, and Algorand, allowing for fast and cheap transactions.¹ ² *Use Cases:* - *Fast and Low-Cost Transactions*: USDC enables near-instant transactions with minimal fees, making it suitable for global payments and settlements. - *Stable Store of Value*: USDC's peg to the US dollar provides a stable store of value, reducing the risk of price volatility. - *DeFi and Trading*: USDC is widely used in decentralized finance (DeFi) applications and trading platforms due to its stability and liquidity.³ *Current Status:* - *Market Cap*: USDC's market capitalization is approximately $61.5 billion. - *Circulating Supply*: There are around 61.56 billion USDC tokens in circulation. - *24-Hour Trading Volume*: USDC's 24-hour trading volume is around $11.14 billion.

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#MyTradingStyle Your trading style is unique to you! Here are some key aspects to consider: Trading Goals - What are your financial goals? Are you looking for short-term gains or long-term growth? - What is your risk tolerance? Are you comfortable with high-risk, high-reward trades or do you prefer more conservative approaches? Trading Strategy - *Technical Analysis*: Do you focus on charts, patterns, and indicators to make trading decisions? - *Fundamental Analysis*: Do you analyze financial statements, news, and economic data to inform your trades? - *Hybrid Approach*: Do you combine technical and fundamental analysis to make trading decisions? Time Frame - *Day Trading*: Do you make multiple trades within a single day, closing positions before the market closes? - *Swing Trading*: Do you hold positions for several days or weeks, aiming to capture market movements? - *Long-Term Investing*: Do you hold positions for months or years, focusing on long-term growth? Risk Management - *Stop-Loss Orders*: Do you use stop-loss orders to limit potential losses? - *Position Sizing*: Do you manage your position sizes to control risk and maximize returns? Emotional Discipline - *Staying Calm Under Pressure*: Can you remain calm and focused during market volatility? - *Sticking to Your Plan*: Do you stick to your trading plan, avoiding impulsive decisions based on emotions? Continuous Learning - *Staying Up-to-Date*: Do you stay informed about market news, trends, and analysis? - *Adapting to Changing Markets*: Are you willing to adjust your trading strategy as market conditions change? By understanding your trading style, you can refine your approach, manage risk, and achieve your financial goals. What's your current trading style, and what do you want to improve?

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#GENIUSActPass The GENIUS Act, specifically S.1582, has been introduced to the 119th Congress (2025-2026) in the US Senate. Here's what's happening with the bill¹: - *Bill Purpose*: The GENIUS Act aims to establish a regulatory framework for payment stablecoins, digital assets that must be redeemed for a fixed value. - *Key Provisions*: - *Permitted Issuers*: Only specific entities can issue payment stablecoins, including subsidiaries of insured depository institutions, federal-qualified nonbank payment stablecoin issuers, or state-qualified payment stablecoin issuers. - *Reserve Requirements*: Issuers must maintain one-to-one reserves using US currency or similar liquid assets and publicly disclose their redemption policies and reserve details monthly. - *Foreign Issuers*: Foreign issuers can offer stablecoins in the US with certain requirements, including a determination by the Department of Treasury that they're subject to comparable foreign regulations. - *Securities Law*: Permitted payment stablecoins aren't considered securities under securities law, but issuers are subject to the Bank Secrecy Act for anti-money laundering purposes. *Bill Status*: - *Introduced*: The bill was introduced on May 1, 2025. - *Cloture Vote*: On June 12, 2025, the Senate invoked cloture on the bill with a vote of 67-27. - *Current Status*: The bill is still in the Senate, awaiting further action. *Voting Breakdown*: - *Senate Vote*: A recent vote on the GENIUS Act passed with 68-30 in the Senate.

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