Circle Stock Soars as FOMC Adopts ‘Wait and See’ Stance; Trump Pushes for GENIUS Act Amid Crypto Surge

adminMarkets1 month ago

Crypto markets remain volatile as global tensions and major policy debates rattle investors. Meanwhile, Circle’s stock is climbing after a pivotal stablecoin bill advances—and the U.S. Federal Reserve hints at a cautious approach. Former President Donald Trump stirs further excitement, urging lawmakers to support crypto innovation with the GENIUS Act.

Crypto Sector Ignites as Circle Stock Surges and Stablecoins Dominate

Circle, the company behind the stablecoin USDC, has seen its stock soar following the U.S. House passing the GENIUS Act. This bill sets the stage for new regulations favoring digital assets, fueling optimism across the sector. Notably, stablecoin market capitalization has now surpassed $250 billion, reflecting booming investor interest. Major crypto exchanges like Crypto.com and Deribit have begun accepting BUIDL as collateral, while Coinbase is launching its ‘Coinbase Payments’ service and letting users use USDC for collateral. This momentum suggests increasing institutional confidence and adoption of crypto-backed products.

Macroeconomic Uncertainty: Fed Cautious, Global Conflict Hits Sentiment

Volatility in crypto prices continues as conflicts in the Middle East disrupt global markets. The Federal Open Market Committee (FOMC) recently reaffirmed a “wait and see” approach on monetary policy, as geopolitical risks (including ongoing Israel-Iran tensions) challenge forecasts for both traditional and digital assets. Simultaneously, former President Trump doubled down on his pro-crypto rhetoric, declaring that “crypto is the future, and we’ll own it,” and calling on the House to support the GENIUS Act to ensure U.S. leadership in digital assets. With Ohio now exempting Bitcoin payments under $200 from taxes, the regulatory landscape seems to be shifting swiftly in favor of mainstream crypto adoption.


Key Stats & Figures

  • Circle Stock: Jumped notably after the GENIUS Act passed in the U.S. House, signaling robust investor optimism.
  • Stablecoin Market Cap: Surged past $250 billion, highlighting strong demand for digital dollar-pegged assets.
  • Crypto Lender Holdings: Lenders now report holding $60 billion in assets across platforms, emphasizing sector growth.
  • Lion Group Treasury: Raised $600 million to fuel its HYPE crypto treasury initiative.

Key Industry Moves: IPOs, ETFs, and the Next Wave

The industry is buzzing with activity: SOL Strategies prepares to become a publicly traded firm in the U.S., while brokerage FalconX is reportedly in IPO discussions. Jump Trading, a giant in quant trading, is rumored to be planning a return to crypto markets. On the product front, Canada has just seen its first spot XRP ETF launch, marking another milestone for crypto in mainstream finance. Lion Group’s enormous $600 million raise demonstrates continuing investor appetite for crypto-focused ventures.

Conclusion: What This Means for the Market

The confluence of robust institutional participation, favorable regulatory signals, and high-profile endorsements is propelling the digital asset industry into a new era of legitimacy. As policymakers debate the shape of coming regulations and macroeconomic uncertainty persists, crypto’s momentum remains steadfast. The next chapter will likely see deeper integration with traditional markets and broader acceptance on the global stage.


For more expert crypto news, analysis, and live coverage, stay tuned to TheCryptoReport.site.

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