The pair invested early in bitcoin, becoming some of the world’s first bitcoin billionaires and launching Gemini in 2014.
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Both of the two biggest cryptos surged on Friday after Federal Reserve Chair Jerome Powell hinted at a September rate cut.
Stablecoins are seen as a lower-risk entry point into crypto because their value is tied to another asset, usually the US dollar.
Companies that have been waiting on the crypto sidelines are likely about to jump in the game following the passage of the GENIUS Act.
The announcement comes just days after President Trump signed a law that introduces US-regulated stablecoins.
The timing of Strategy’s latest Bitcoin gains was hardly a surprise: last week also marked “Crypto Week” on Capitol Hill.
Berlin-based economist Jan Philipp Fritsche explains how the new NATO defense spending pledge and US crypto legislation could impact the EU.
In the past 30 days, Ethereum treasury companies scooped up more than 545,000 ether worth at least $1.6 billion, CoinTelegraph reported.
The new rules could let homebuyers keep their crypto and use it to qualify for loans though mainstream banks.
Nothing to boost an asset class like the most powerful legislative body in the world holding a week in your honor.
The technique is particularly useful for open source models that often involve many contributors.
Anyone who’s had to split a check with new hostel friends knows rivals Venmo and Zelle only support payments between US users.
Financial institutions are racing to get into stablecoins as the Genius Act makes its way toward POTUS Trump’s desk.
This is Circle’s second attempt at going public, after its reverse SPAC in 2022 sputtered under regulatory scrutiny.
Square parent Block said it’ll start supporting bitcoin later this year, reaching all 4 million of its sellers by next year.
Soft US inflation numbers released last week and a de-escalation of global trade tensions are likely contributing to bitcoin’s rebound.