🗞 Catch up on the news over the last 24 hours!
🇺🇸 Fed minutes reveal several officials open to rate hikes if inflation persists above-target levels.
🇺🇸 Third stablecoin yield meeting set for tomorrow at 9 AM ET at the White House, with a small crypto and banking delegation expected to attend, Eleanor Terrett reports.
🇦🇪 The UAE has mined $453.6M worth of Bitcoin via Citadel.
🇺🇸 SEC Chair Paul Atkins says regulators should not panic over falling crypto prices.
🔥 CME Group will launch 24/7 crypto futures and options trading on May 29, pending approval.
🚨 ProShares is launching the GENIUS Money Market ETF, the first ETF designed to hold compliant reserves for stablecoin issuers under the GENIUS Act.
🇺🇸 Ripple CEO Brad Garlinghouse says there is now a 90% chance the Clarity Act passes by the end of April.
🇺🇸 U.S. 30-year mortgage rates fell to 6.01%, the lowest since September 2022.
🇺🇸 SEC Chair Paul Atkins plans to fast-track some crypto products, temporarily allowing certain tokenized securities to trade while long-term rules are developed.
🔥 Coinbase CEO Brian Armstrong says, "Crypto is updating the entire financial system, from trading to payments to lending and more" with trillions in revenue at stake.
🇺🇸 The White House took the lead in today's stablecoin meeting, with debate shifting from yield on idle balances to rewards for specific activities, per Eleanor Terrett.
🚨 Nvidia nears finalization of $30B investment in OpenAI's new funding round, replacing the $100B commitment from last year per FT.