Circle’s stock price soared as the crypto sector absorbed a wave of breaking developments—including US policy moves, macroeconomic tensions, and surging stablecoin demand. On this volatile FOMO Hour Live, Degenz delivers the top headlines investors can’t afford to miss.
USDC issuer Circle saw its shares climb sharply after the passage of the GENIUS Act, a move that has been lauded by industry leaders and politicians alike. The rally coincided with Coinbase announcing a game-changing payment product and expanding its stablecoin collateral offerings. As stablecoin market capitalization topped $250 billion, both companies positioned themselves as central players in a rapidly maturing crypto ecosystem.
Geopolitical tensions remain a key narrative, with investors closely watching the Federal Reserve’s cautious approach and ongoing conflict between Israel and Iran. Meanwhile, former President Trump doubled down on his commitment to advancing the crypto industry, calling on Congress to approve the GENIUS Act and famously declaring, “Crypto is the future, and we’ll own it.” Regulatory clarity gained momentum as Ohio moved to exempt bitcoin payments under $200 from taxation, signaling a positive trend for broader crypto acceptance in the US.
Expansion of collateral options became a central theme, with Crypto.com and Deribit now accepting BUIDL and Coinbase enabling USDC for margin. Market structure is evolving quickly—SOL Strategies announced plans to go public in the US, while crypto brokerage FalconX is in IPO talks. Meanwhile, Jump Trading signaled an imminent return to digital asset markets, and Canada welcomed its first spot XRP exchange-traded fund, marking significant milestones for crypto finance globally.
Crypto’s intersection with policy, finance, and technology is intensifying in real time. With fresh regulatory momentum, high-profile corporate expansions, and surging market capitalizations, investors and traders remain positioned for both heightened volatility and rich opportunity as the sector continues to evolve.
Catch more insights and play-by-play headlines on Degenz Live’s FOMO Hour. Stay tuned as The Crypto Report brings you the latest breaking stories moving the digital asset markets.