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$USDC USDC gains regulatory approval and establishes partnerships with major financial institutions or platforms, it could attract more users and investors, potentially driving its price towards $1,000.
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#CryptoStocks Israel vowed to intensify its strikes against Iran as the war between the two countries enters its seventh day. The beginning of the conflict last week coincided with a precipitous drop in the price of bitcoin ( BTC) which has since treaded water around the $104K threshold.
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$USDC Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period. The market capitalisation of USDC is equal to the value of USDC multiplied by the number of USDC in circulation.
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#MyTradingStyle Active trading is the act of buying and selling securities based on short-term movements with the goal of making a quick profit. This is in contrast to passive investing where the approach is buy and hold over the long term. Traders often use a multitude of tools and strategies which include but are not limited to fundamental, quantitative and technical analysis. Some traders also focus on market news and events.
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#GENIUSActPass Yesterday the Senate passed the GENIUS Act, the first stablecoin legislation to be approved by either Congressional chamber after several years of trying. The vote of 68 to 30 was the same count as the procedural vote last week. Eighteen Democrats voted in favor on both occasions, but previous supporter Mark Kelly abstained, while Jon Ossoff backed the bill this time around. In order to become law, both chambers will have to vote in favor, with the House having a separate STABLE Act bill with quite a few differences, as explored earlier this month. However, this is a major legislative breakthrough, as it’s the first major digital asset legislation approved by the Senate.
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Latest News
OpenAI Reduces Dependency on Scale AI Amid Meta Acquisition
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Bitcoin Experiences Slight Decline Below $104,000
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Bitcoin(BTC) Drops Below 104,000 USDT with a 0.52% Decrease in 24 Hours
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BlackRock Acquires Over $750 Million in Ethereum Without Selling
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BNB Drops Below 640 USDT with a 0.36% Decrease in 24 Hours
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