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#GENIUSActPass The bill introduces the first official stablecoin regulations in the U.S., aiming to: Ensure 1:1 reserves ๐ฐ Stop money laundering ๐ต๏ธโโ๏ธ Improve consumer protection ๐จโ๐ฉโ๐งโ๐ฆ ๐ฅ However, there are concerns over conflicts of interestโespecially involving the Trump familyโs crypto investments, which earned over $57 million last year ๐ฎ. ๐ Despite the controversy, experts say this law will bring regulatory clarity and boost investor confidence ๐. USDC remains stable at $1.00 with a strong market cap of $61.56B ๐. Senator Tim Scott says this act will protect users while supporting financial innovation
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#MyTradingStyle I never risk more than I can afford to lose & always set stop-losses. Iโve learned that emotional control is just as important as strategy. I donโt chase the market, I let setups come to me. Over time, consistency & learning from mistakes have shaped a style that works best for me.
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$USDC $USDC Today, it maintains its stable value close to $1.00, with minor fluctuations typical of stablecoins. According to real-time oracle data from Chainlink, its price on Polygon Mainnet fluctuates between *$0.9997 and $0.9998*. This stability aligns with its design as a cryptocurrency backed by reserves in US dollars, maintaining its parity with the USD Forecasts for this month indicate that no significant changes are expected, with projections of a range between *$0.9994 and $0.9998*. Historically, USDC has shown minimal volatility, with annual highs and lows very close to $1.00
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#FOMCMeeting The FOMC Meeting Begins โ Markets Heating Up!* ๐๐ฅ ๐๏ธ The Federal Reserveโs FOMC meeting kicks off *June 17*, and interestingly, the *crypto market is flipping bullish* โ *despite high expectations of no interest rate change* ๐ --- ๐ก Whatโs going on? - *Odds are high* the Fed will hold rates steady โ no hikes or cuts. - But traders are *ignoring policy* and focusing on *momentum* and *liquidity inflows* ๐ - Bitcoin, Ethereum, and other major assets are seeing *ETF demand + whale accumulation* ๐ฅ --- ๐ค Why is this bullish? - A *pause in rate hikes = no negative shocks* to risk assets like crypto.
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