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✨ On May 8, the U.S. Senate will vote on the GENIUS bill aimed at regulating stablecoins.
⚠️✴️🇺🇸 The GENIUS Act, legislation aimed at regulating stablecoins, has failed a key Senate vote.
Voting will continue.
Today, U.S. senators decided not to advance the stablecoin regulation bill following heightened tensions over Trump's involvement in the cryptocurrency sector, raising concerns about conflict of interest.
Voting will continue.
Today, U.S. senators decided not to advance the stablecoin regulation bill following heightened tensions over Trump's involvement in the cryptocurrency sector, raising concerns about conflict of interest.
🚀 Lyft shares rose by 7% following recent earnings reports, while Pinterest experienced a significant increase of 15%. In contrast, Marathon Digital and Akamai Technologies saw declines of 2%, with Coinbase dropping by 3%. Paramount remained stable with no change, and DraftKings gained 2%. Rocket Lab also faced a 2% decrease, while Microchip Technology rose by 7%.
🚨 The European Central Bank's Simkus stated that inflation in the Eurozone is influenced by the EU's response to the US. He noted that inflation is currently on the decline. Moreover, he emphasized that a reduction in the ECB's interest rate is essential in June.
🌍 Russia and China have made significant progress in discussions regarding the "Power of Siberia 2" gas pipeline, according to Russian Energy Minister Novak. He emphasized the need to expedite the agreement on final terms. The discussions highlight the strengthening ties between the two nations in the energy sector. For more details, visit IF News and TASS.
⚠️ The leader of the UK Labour Party, Keir Starmer, announced the largest sanctions package to date aimed at increasing pressure on Russian President Vladimir Putin. The measures are part of ongoing efforts to address the situation in Russia and its impact on global affairs. For more details, visit the official statement.
⚠️🇺🇸 Barr (Federal Reserve): The Fed may find itself in a difficult position if both inflation and unemployment rise.
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🚀 Andrey Grachev has published a list of wallets where DWF Labs plans to purchase altcoins. The wallets include: EVM: 0xF0984860f1F31a784c0FF0bb4d1322e377f97631 TRX: TR6s2mRQSV2voe5wT2HBGyeNYikDRjKsRb SOL: HwDkuDCUipJHHKodBBCjffFvrjhmd4iVVh7fq25fShvt…
🌟 DWF Labs has made its first purchase using new wallets for altcoins, acquiring the token #JST from Justin Sun. On April 28, Sun stated that he believes JST will become a 100x token.
📊 Barr from the Federal Reserve noted that there were some anomalous data in the US GDP for the first quarter. Earlier, Bessent and Hassett stated that the weak US GDP for the first quarter might be revised upwards, potentially leading to another surge in stocks and cryptocurrencies.
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🚀 The market capitalization of World Liberty Financial's Trump-backed stablecoin, #USD1, has surged from $130 million to over $2 billion since the end of April. The significant increase highlights the growing interest and investment in stablecoins. For more…
🚀 Trump's stablecoin USD1 grabs attention on the BNB Chain. The market capitalization of USD1 is rapidly increasing, with 90% of its issuance concentrated on the BNB Chain.
⚠️🇪🇺🇷🇺 Leaders from 20 of the 27 EU member states have expressed support for the establishment of a tribunal to hold Russian leadership accountable, according to RTRS. In response, Russian spokesperson Dmitry Peskov stated that Russia will not react to the EU's intention to create a tribunal against the country, as reported by TASS.
⚠️🇺🇸 Federal Reserve officials are expressing concerns about the economy. Williams anticipates a significant slowdown in economic growth, alongside rising inflation and unemployment. Barr warns that the Fed could face a challenging situation if both inflation and unemployment increase.