Meta's Stablecoin Strategy Under Scrutiny by Senators
Democratic senators are demanding explanations from Meta regarding its plans for stablecoins amid upcoming Senate votes.

Democratic senators are demanding explanations from Meta regarding its plans for stablecoins amid upcoming Senate votes.
Connecticut's legislature has prohibited the establishment of cryptocurrency reserves, diverging from the actions of several states aiming to integrate digital assets.
Ether's value surged 5.6% to reach a 10-day peak, buoyed by softer CPI and advances in U.S.–China trade talks, reflecting heightened institutional interest.
The ATOM token from Cosmos finds vital support levels as Ethereum whales demonstrate aggressive trading behaviors, hinting at an emerging altcoin season.
Chris Sullivan from Hyperion Decimus shares insights on the critical role of digital assets in modern investment strategies.
AAVE's recent price movement showcases its potential as the decentralized finance (DeFi) industry experiences growth, especially following optimistic comments from the SEC.

Bitwise Asset Management has unveiled a new ETF that capitalizes on GameStop's recent bitcoin acquisition to provide investors with income opportunities.
Moody's initiative aims to integrate credit ratings into blockchain assets, enhancing trust and efficiency in financial markets.
The tokenized treasury market reaches $7.2 billion, highlighting the growth of Ondo's OUSG token, which follows offerings from major firms like BlackRock and Franklin Templeton.
PayPal's USD stablecoin (PYUSD) will leverage Stellar's blockchain to enhance cross-border payment functionality and support for businesses.
The fitness equipment company is already making purchases of the tokens after raising $55 million in new funding.
The looming U.S. consumer price index for May invites caution among Shiba Inu (SHIB) whales, resulting in a significant decrease in large-scale transactions.

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