Fed Chair Jerome Powell holds firm on interest rates, resisting pressure from Trump to cut. Powell explained that inflation risks from U.S. tariffs warrant keeping interest rates ...
When the S&P 500 drops, Bitcoin dumps You can’t predict the macro or the headlines, but the chart often shows you that something is brewing.
News drops and the market dumps or rips, Markets should stay in a sideways motion until Geo-political events calm. don’t know what catalyst would set it off. $BTC $USDC
Market makers can be very tricky. This is a Bull Trap set to pull you in and then have you panic sell your crypto. The market could continue higher but this usually precedes a decline in price action. Markets should stay in a sideways motion until Geo-political events calm.
X CEO Linda Yaccarino confirms that users will soon be able to invest and trade directly within the app, aligning with its evolution into a financial super‑app.
The Federal Reserve and FDIC today rescinded two joint statements issued under the Biden administration on the risk management obligations of financial institutions should they offer crypto-related services. The move was the latest by Trump administration officials to roll back regulatory roadblocks for banks that wish to engage with digital assets.
GENIUS Act: The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act is progressing through the US Senate. This bill aims to establish clear rules for collateralization and Anti-Money Laundering compliance, which could pave the way for greater institutional adoption.
Circle's Public Debut: Circle recently made a strong debut on the New York Stock Exchange, with shares jumping 167% on its first trading day, indicating significant investor interest.
Tether's Stance: In contrast, Tether, the issuer of the rival stablecoin USDT, has stated its intention to remain a private company for the foreseeable future.
Bank Interest: Firms associated with major banks, including JPMorgan, Bank of America, Citigroup, and Wells Fargo, are reportedly exploring a joint stablecoin initiative. $USDC $BTC
#GENIUSActPass Senate passes a landmark #stablecoin bill, signaling progress on #crypto regulation. With #USDC backed by $61B+ and broader adoption on the horizon, #stablecoins could soon power the internet’s money rails.
Stablecoins have processed a massive $33 trillion in transaction volume over the past year, significantly surpassing traditional payment systems like PayPal and Visa.
"Unfortunately, the GENIUS Act massively expands the marketplace for stablecoins while failing to address the basic national security risks posed by them,"
- Senator Elizabeth Warren, the ranking Democrat on the Senate Banking Committee.