Author: WebDesk
Too late, Powell — you did it again. The Fed finally cut rates, but late in the game.The market waited all year for this moment, and now, in September and October, we got two back-to-back 25 bps cuts. Unfortunately, markets might have already priced it in. Bitcoin and other risk assets instantly dumped right after the announcement.Let’s go through the most important crypto news and airdrop updates of this week.Bitcoin Price Crashes to $109,000 as Powell Stays Neutral on Future CutsBitcoin’s price fell to $109,000 on Wednesday afternoon after Fed Chair Jerome Powell said more rate cuts might not come…
Key Highlights Fidelity Investments advanced its own planned Solana ETF by filing a major amendment with the SEC This comes after the successful launch of the Bitwise Solana Staking ETF, which set $70 million in second-day inflows and demonstrated massive institutional demand After the SEC cleared the road for staking tokens by stating that certain liquid staking tokens are not securities Fidelity Investments has moved closer to launching a Solana Exchange-traded fund in the United States as it submitted an updated S-1 registration to the Securities and Exchange Commission (SEC). (Source: sec.gov) This fourth amendment to its filing provides new…
Jessie A Ellis Oct 29, 2025 23:56 DeCard integrates with Polygon (MATIC) to facilitate stablecoin payments for over 150 million merchants globally, marking a significant step in real-world blockchain utility. In a significant development for the cryptocurrency payment landscape, DeCard by DCS (formerly Diners Club Singapore) has announced its integration with Polygon (MATIC), enabling seamless stablecoin transactions for users worldwide. This collaboration aims to simplify the use of stablecoins such as USDT and USDC for everyday purchases, making them as accessible as traditional currencies. Expanding Stablecoin Utility The integration with Polygon allows DeCard…
Bitcoin price faces overhead supply at $116,000 resistance, signaling a risk of continued market correction. In a 10-to-2 decision, the FOMC moved to trim its benchmark lending rate to a target range of 3.75%–4.00%. The BTC fear and greed index at 51% accentuates a neutral sentiment in the market. The U.S. Federal Reserve cut interest rates by a quarter point on Wednesday, in line with market expectations, to bolster the job market. Following the announcement, the crypto market shows a bullish rebound as reflected in Bitcoin’s price reversal from $109,265 to its current trading price of $111,490. However, the market…
Tron (TRX) is consolidating this week as the broader crypto market braces for the upcoming US Federal Reserve decision on interest rates and quantitative tightening (QT). Investors are treading carefully, with uncertainty surrounding whether the Fed will maintain its restrictive stance or pivot toward easing—an outcome that could shift liquidity flows across digital assets. Despite the cautious market mood, on-chain data from CryptoQuant highlights a powerful surge in Tron’s network activity that stands out from the rest of the market. Related Reading On October 27, 2025, Tron flagged one of its most significant on-chain events to date. The number of…
Bitcoin’s price fell to $109,000 Wednesday afternoon after Federal Reserve Chair Jerome Powell signaled that additional rate cuts may not follow in December. Since then, Bitcoin price has leveled near $111,000. The drop came shortly after the central bank reduced its benchmark interest rate by 0.25 percentage points to a target range of 3.75%–4%. The cut — the Fed’s second of 2025 after a move in September — ended a long stretch of rate holds. The policy shift is intended to lower borrowing costs and support economic activity. But Powell’s comments that further cuts are not guaranteed this year sparked selling…
Mastercard Inc. (NYSE: MA) is eyeing to expand the stablecoin market through an intended acquisition of Zerohash. According to persons familiar with the matter, Mastercard intends to purchase the crypto and stablecoin infrastructure platform for between $1.5 billion and $2 billion.Currently, the deal to acquire Zerohash by Mastercard is in the late stage, thus a possibility of the deal falling through. However, if the Zerohash deal does not go ahead as planned, Mastercard will become a key player in the stablecoin market ahead.Mastercard Takes Advantage of Regulatory Clarity to Venture into StablecoinsAs a top payment company, Mastercard is keen to…
Key Highlights Western Union has filed a trademark application for “WUUSD” just a day after it announced the launch of its stablecoin, USDPT The financial service provider is planning to launch its stablecoin on Solana and will be issued by Anchorage Digital Bank After the approval of the GENIUS Act, many major banks and financial institutions are planning to launch stablecoins Western Union has filed a trademark application for “WUUSD” just one day after it announced its USDPT stablecoin on October 28. The 174-year-old remittance service provider is preparing to integrate the stablecoin with its existing infrastructure, whose market capitalization…
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Visa plans to integrate four new stablecoins across various blockchains, enhancing its digital asset capabilities and global payment solutions, according to Cryptonews. (Read More) Credit: Source link
