In a move that signals a significant shift in its policy stance, the Federal Reserve delivered its second interest rate cut of 2025 on October 29th, reducing the benchmark rate by 25 basis points. The decision, however, was far from unanimous, revealing a deeply divided committee grappling with a complex economic landscape. The most telling … Read more
Zelle, a payments platform that focused primarily on the U.S. market, announced it will now offer international settlements aided by stablecoins. The app, owned by a consortium of large banks, is one of traditional finance’s first moves to leverage crypto. Zelle to Leverage Stablecoins in International Push The Facts: On Friday, Zelle, a popular U.S. … Read more
On early Monday morning, bitcoin surpassed $116,000 as traditional markets rose on favorable news about trade talks between China and the U.S. Recent inflation figures came in lower than expected, and expectations of interest-rate cuts may also have contributed. Bitcoin Surpasses $116K as ‘Uptober’ Takes Shape Again During a month where it reached all-time highs … Read more