House Passes Crypto Bills
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Circle Internet shares soared on Wednesday as "crypto week" moved forward and the Trump administration put more pressure on the Federal Reserve. Circle Internet seems to thrive when interest rates are high,
Trump and GOP lawmakers said that they had the votes necessary to pass landmark crypto legislation in the House.
BitFuFu stands out as undervalued compared to peers like Riot, with a higher hashrate and rapid power capacity growth. Check out why I rate FUFU stock a buy.
Circle shares slid Tuesday after the House blocked a key procedural vote, stalling momentum on legislation the industry has counted on for regulatory clarity.
Bitcoin and other major cryptocurrencies traded higher Wednesday after President Donald Trump said he expects the House to pass the GENIUS Act.
Bank of America weighs stablecoin plan; Morgan Stanley, Citi, JPMorgan monitor. Trump-backed crypto bills may reshape mainstream digital banking.
Coinbase Gets a Stake in Stablecoin Operator Circle and USDC Adds 6 New Blockchains. Sam Bankman-Fried Pleads Not Guilty to Latest Indictment. ... Some crypto products and markets are unregulated.
Circle's market capitalization is still north of $50 billion. With sales last year of $1.7 billion and net income of just $155.7 million, that is an extremely hefty valuation. There is a ton of growth baked into the current stock price -- too much for my taste.
Circle shares remain in focus as stablecoins take center stage in what The House of Representatives have dubbed "Crypto Week.” Monitor these important support and resistance chart levels.
We recently published Market on Mute? Not for These 10 Stocks With Surprising Gains. Circle Internet Group (NYSE:CRCL) is one of Monday’s top performers. Circle Internet rebounded from the previous trading day’s losses on Monday,