Circle’s digital dollar, USD Coin, is now available natively on the layer-1 blockchain Aptos, empowering developers and users. USDC (USDC) goes live natively on Aptos (APT) about two months after Circle announced that the stablecoin would be launching on the Move-based layer-1 blockchain. That initial update, which crypto.news reported in November 2024, also included the
Key Takeaways Grayscale launched a Bitcoin Miners ETF, focusing on global mining companies. The ETF provides exposure to Bitcoin miners without direct investment in digital assets. Share this article Grayscale, a leading asset management firm specializing in crypto investing, is launching its Bitcoin Miners ETF, aiming to offer investors exposure to Bitcoin miners and the
US President Donald Trump’s media company, Trump Media & Technology Group (TMTG), has unveiled ambitious plans to expand into financial services, including cryptocurrency investments. Furthermore, TMTG revealed that it may invest up to $250 million into various financial instruments, including Bitcoin, other cryptocurrencies, and crypto-related securities. In a press release dated 29 January 2025, the
Bitcoin’s price experienced some expected volatility after yesterday’s FOMC meeting but has headed north and now sits above $105,000. Most altcoins are in a similar position, with ETH increasing past $3,200 and SOL rising to $240. BTC Above $105K The primary cryptocurrency had a quiet weekend in which its price stood mostly in a tight
Illinois may soon become the first U.S. state to hold Bitcoin in its fiscal reserves if lawmakers approve the Strategic Bitcoin Reserve proposal referred to Rules Committee by John Cabello. On Jan. 29, the Bitcoin Strategic Bill was referred to the Rules Committee to establish regulations and fast-track its approval process. Illinois State Rep. John Cabello
Key Takeaways The Fed maintained rates at 4.25%-4.50%, with Powell avoiding commitments on future cuts while removing prior language on inflation progress. Bitcoin declined 1% following the Fed’s announcement but remains above $100K, currently trading just below $102K. Share this article The Federal Reserve maintained interest rates between 4.25% and 4.50% on Wednesday, while removing
The Federal Reserve Jerome Powell speech began with the Fed deliberately pausing to cut rates, which went against President Donald Trump’s demand to cut them. Trump is going to pin 100% of the blame for the market crash on Powell and then have the long knives brought out. Get ready. “The economy is strong; inflation
As expected, the US Fed didn’t lower the key interest rates in the first FOMC meeting of the year. BTC’s price had calmed over the past day or so at around $102,000 – $103,000 but started to lose value almost immediately after the decision came out. During the last FOMC meeting for 2024, the US
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin rebounds above $100k, Solana surges past $140, and Remittix gains traction as the next XRP. After witnessing a sharp decline in the past few days due to the upcoming US FOMC meeting, Bitcoin‘s
Key Takeaways Trump Media and Technology Group (DJT) is launching Truth.Fi, a fintech brand focused on financial services and investment products. The company will invest up to $250 million of its $700 million cash reserves into separately managed accounts, ETFs, and Bitcoin. Share this article Trump Media is expanding into financial services with Truth.Fi, planning