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Senator Josh Hawley is opposing party lines by voting against an upcoming stablecoin bill endorsed by the White House.
According to a New York Times report, the Missouri Republican Senator is saying “no” to the upcoming GENIUS Act.
“It’s a huge giveaway to Big Tech.
It allows these tech companies to issue stablecoins without any kind of controls. I don’t see why we would do that.”
According to...
Quant analyst PlanB is leaning bullish on Bitcoin (BTC) as the flagship crypto asset trades in a range below the all-time high reached late last month.
In a new strategy session, PlanB tells his 213,000 YouTube subscribers that Bitcoin is far away from reaching the peak of the current four-year cycle based on the stock-to-flow model.
The stock-to-flow model is a predictive tool that assumes the...
A widely followed crypto analyst is outlining two possible routes Bitcoin (BTC) could take after bouncing off a major support level.
In a new thread, crypto trader Justin Bennett tells his 115,700 followers on the social media platform X that it’s “crunch time” for the top crypto asset by market cap after recovering from a dip, noting that it could plunge below $100,000 if BTC bulls don’t step up...
The shares of the stablecoin giant Circle surged on its first day as a public company.
In a post on the social media platform X, the issuer of the second-largest dollar-pegged stablecoin USDC and the euro-pegged Euro Coin (EURC) says its shares can now be traded on the New York Stock Exchange (NYSE).
The company initially announced plans to go public back in 2021.
“Circle is now officially a...
A decentralized finance (DeFi) platform backed by the Trump family is reportedly sending a cease and desist order to a firm over an unauthorized crypto wallet.
According to a new report by Bloomberg, World Liberty Financial (WLFI) recently sent the letter to Fight Fight Fight LLC, the same company that created the Official Trump (TRUMP) memecoin.
The report says that the firm and the non-...
A widely followed crypto analyst says that Bitcoin (BTC) is gearing up for a massive breakout after correcting to the $100,000 level.
In a new strategy session, crypto trader Michaël van de Poppe tells his 790,900 followers on the social media platform X that Bitcoin is now likely on the verge of breaking through the resistance level at $105,800.
“Bitcoin is about to break back higher, as we’ve...
U.S. Senator Cynthia Lummis (R-WY) is optimistic that the confirmation of Michelle “Miki” Bowman as Vice Chairman for Supervision of the Federal Reserve Board will transform the crypto market.
The Senate on Wednesday voted 48 to 46 in favor of Bowman assuming the new role after Michael Barr stepped down from the position on February 28th.
In a post on the social media platform X, Lummis says the...
The US trade deficit plummeted by $76.7 billion in April following the rollout of the Trump Administration’s wave of tariffs.
The total goods and services deficit was $61.6 billion in April, down from $138.3 billion in March, per a new report from the U.S. Census Bureau and the U.S. Bureau of Economic Analysis.
The US clocked $289.4 billion worth of exports in April, $8.3 billion more than March...
The chief economist at banking giant Wells Fargo, Jay Bryson, is warning that America is awfully close to entering an economic recession.
In a new interview on CNBC’s Squawk Box, Bryson says he’s not forecasting a recession at this time, but it wouldn’t take much more negative economic data to change that outlook.
“We don’t have the economy going into recession. I would say we’re skating pretty...
Bitcoin (BTC) could fall to levels last recorded in early May if a major support level fails to hold, according to a crypto trader.
The trader pseudonymously known as DonAlt tells 66,500 subscribers of the TechnicalRoundup YouTube channel he’s leaning bearish on the crypto king based on his reading of Bitcoin’s daily time frame.
According to the pseudonymous trader, Bitcoin could drop by up to...