šµ $USDC Sees Record On-Chain Activity Amid Stablecoin Legislation Hype
Circleās $USDC is gaining traction again as the GENIUS Act sets the stage for clear regulation. On-chain flows and liquidity pools for USDC pairs are spiking across DeFi.
āļø USDC now holds 33% of global stablecoin trading volume, narrowing the gap with $USDT.
š¬ Comment: Are you swapping to $USDC or staying with $USDT ? Why? š Trade USDC pairs on Binance now
The U.S. Senate voted 68ā30 to approve the bipartisan GENIUS Act, establishing a federal regulatory framework for stablecoins like USDT & USDC ļæ¼ ļæ¼.
Is this a milestone for crypto adoption or does it risk overreach and corruption concerns?
š¬ Comment with your take ā opportunity or red flag?
š #FomoMeeting Alert: FOMC Rate Decision Just Days Away
Markets are abuzz as the June 17ā18 FOMC meeting approaches ā and expectations are high that no rate cuts will be announced. Yet traders remain on edge, watching Fed Chair Powellās remarks for any surprises.
š Why This Matters ⢠š 99% odds of no rate cut per Polymarket forecasts ļæ¼ ⢠Crypto assets like BTC and ETH often wobble around FOMC ā BTC holding around $94ā95K, waving between upside and downside ļæ¼
š§ What Could Move the Market? ⢠Hawkish tone ā stronger USD ā downward pressure on crypto ⢠Dovish hints ā BTC/ETH rally season begins ⢠Diverging views in the press conference could spark volatility
š Trading Strategy Tips ⢠Use tight stopsāthis meeting can spark fast swings ⢠Consider trading range: $90Kā$108K for BTC, $2.5Kā$4K for ETH ļæ¼ ⢠Ready your alert: āWill the FOMC speech spark a crypto breakout?ā
š¬ We want to hear from you: š³ļø Will the FOMC shock markets? ⢠Rate cuts? ⢠More hikes? ⢠Hold steady?