Bullish Exchange to Go Public on NYSE — Riding the Trump Crypto Wave

Bullish Exchange Plans Massive $629M IPO Amid Crypto Surge

Crypto trading platform Bullish is going public in a big way — and Wall Street is watching closely.

The crypto company behind the Bullish Exchange and the popular crypto media outlet CoinDesk has announced plans to raise up to $629 million through an initial public offering (IPO) on the New York Stock Exchange (NYSE).

With shares priced between $28 and $31, the IPO could value the company at a whopping $4.2 billion. This marks one of the biggest moves yet in a wave of crypto firms going public since former President Donald Trump’s pro-crypto return to power.

 Bullish IPO: Key Facts at a Glance

• IPO Size: Up to 20.3 million shares on offer

• Price Range: $28 to $31 per share

• Valuation: Up to $4.2 billion

• Ticker Symbol: BLSH

• Exchange: New York Stock Exchange (NYSE)

• Potential Oversubscription: Underwriters may buy 3.045 million extra shares

• Major Interest: BlackRock and ARK Invest may purchase up to $200 million worth

Why Now? Crypto Is Back in the Spotlight

Bullish’s IPO comes at a time when crypto markets are booming again:

• Bitcoin (BTC) is up 22% this year, currently trading around $115,000

• The broader crypto market, measured by the CoinDesk 20 Index, has risen 32%

• Trump’s second term has brought a friendlier regulatory climate for the crypto industry

This wave of optimism has encouraged multiple crypto companies to go public. Just this year:

• Circle, the company behind USDC, completed its IPO

• eToro, the Israeli social trading platform, went public

• BitGo and Grayscale have filed IPO paperwork

• Kraken and OKX are reportedly considering IPOs

 Regulatory Winds Have Shifted Under Trump 2.0

The IPO boom is no coincidence. Since Donald Trump returned to the White House, the crypto sector has received the regulatory clarity it long demanded.

• The GENIUS Act, a major pro-crypto law, was passed recently

• Legal cases filed during the prior administration have been dropped

• Investor confidence is returning, boosting crypto stocks and coins

These changes have made it easier for companies like Bullish to raise capital and scale operations publicly.

 Inside Bullish’s Financials and Future Plans

According to its amended F-1 filing with the U.S. Securities and Exchange Commission (SEC), Bullish plans to use the IPO proceeds for:

• General corporate purposes

• Potential future acquisitions

Strong Balance Sheet

Bullish holds over $3 billion in liquid assets:

• 24,000 Bitcoin (BTC)

• 12,600 Ether (ETH)

• $418 million in cash and stablecoins

• Funds in DeFi protocols, though “not material” to the total

Mixed Financial Performance

• Q2 2025 Profit Estimate: Between $106 million and $109 million

• Q1 2025: Loss of $349 million

• Full Year 2024: Profit of $80 million

These swings reflect the volatile nature of crypto markets, but also suggest strong long-term profitability.

What Is Bullish? A Quick Look at the Platform

Bullish is a crypto trading platform designed for institutions, offering:

• Spot trading

• Derivatives trading

• Liquidity services

It competes with exchanges like Coinbase, Binance, and Kraken — but with a more institutional focus and regulated trading environment.

The company is headquartered in the Cayman Islands but operates globally, especially in the U.S. and Asia.

 Who’s Backing the Bullish IPO?

Two heavyweights are showing early support:

• BlackRock, the world’s largest asset manager

• ARK Investment Management, led by Cathie Wood

Together, they could buy up to $200 million worth of shares at IPO price — a huge vote of confidence for Bullish and the broader crypto sector.

Their interest is likely to drive additional investor demand and possibly boost first-day stock performance.

What Happens Next?

Bullish is now on its IPO roadshow, pitching its stock to institutional investors ahead of its public debut. Once the stock is listed under the ticker BLSH, retail investors will also be able to buy shares on the NYSE.

If the offering is successful, Bullish will:

• Become one of the most valuable public crypto companies

• Set a benchmark for other firms looking to IPO in 2025

• Gain access to public markets to fund acquisitions and growth

Should You Watch or Buy Bullish?

If you’re bullish on crypto — especially Bitcoin, Ethereum, and institutional adoption — then Bullish could be a stock worth watching.

Key reasons to watch:

• Strong crypto market momentum

• Backed by $3B in crypto and cash reserves

• Interest from BlackRock and ARK shows serious credibility

• Trump-era policy shift could continue favoring crypto

But like any crypto investment, it comes with volatility and regulatory risks — so investors should do their own research and proceed with caution.

 A Big Bet on Crypto’s Public Future

Bullish’s upcoming IPO could be a turning point for the crypto industry. With major investors backing it, a booming market, and political support in Washington, the conditions are aligning for a new era of crypto on Wall Street.

Whether you’re a trader, investor, or just crypto-curious, this IPO is one to watch closely.

The post Bullish Exchange to Go Public on NYSE — Riding the Trump Crypto Wave appeared first on Asia Crypto Times.

Crypto Meets Wall Street: EToro Moves U.S. Stocks to Ethereum Blockchain

EToro to Tokenize U.S. Stocks on Ethereum: A Bold Move to Bring Wall Street On-Chain

Digital trading platform EToro is making headlines with its plan to tokenize U.S.-listed stocks using the Ethereum blockchain. This marks a major step toward merging traditional finance (TradFi) with decentralized finance (DeFi), allowing investors to trade popular stocks like Apple and Tesla 24/7 in a blockchain-powered environment.

Why This Matters: Stock Trading Enters the Blockchain Era

For decades, stock trading has been limited to business hours, five days a week. But tokenizing equities changes everything. EToro plans to create ERC-20 tokens—a common Ethereum-based standard—that represent real U.S. stocks.

These tokenized stocks will still be backed by actual shares held by EToro, but they’ll be fully tradable on-chain. That means investors can move them into crypto wallets, use them as collateral in DeFi apps, or trade them on decentralized exchanges—even on weekends and holidays.

What Is EToro Doing Exactly?

ERC-20 Tokens Representing U.S. Equities

According to the official announcement, EToro will issue ERC-20 tokens that mirror the value of U.S.-listed stocks. These digital tokens:

• Are 1:1 backed by real stocks held by EToro

• Can be redeemed for traditional stock holdings

• Will be compatible with DeFi platforms

• Can be traded 24/7 on blockchain networks

This means that EToro users will be able to buy and sell U.S. stocks in token form—just like cryptocurrencies.

EToro CEO: “Every Asset Will Be Tokenized”

EToro CEO Yoni Assia has big ambitions. “Our goal is to tokenize every asset on eToro – starting with stocks – enabling our users to move tokenized assets onto the blockchain and from there integrate them into the broader DeFi ecosystem,” he said.

He also pointed to regulatory progress as a driving force. New crypto laws like MiCA in the European Union and the Genius Act in the U.S. (focused on stablecoins) are making it easier to create legally backed digital assets.

This regulatory clarity helps platforms like EToro ensure that their tokenized stocks are secure, legal, and trusted.

Why Tokenized Stocks Are a Big Deal

Benefits for Investors

1. 24/7 Trading: Forget market hours. With tokenized stocks, you can trade any time—day or night.

2. Instant Settlement: Blockchain allows for faster, even near-instant trade settlement.

3. Fractional Ownership: Users can buy small portions of high-value stocks.

4. DeFi Integration: Tokenized stocks can be used in lending, borrowing, and other DeFi applications.

5. Global Access: Anyone with a crypto wallet can participate, potentially democratizing access to U.S. markets.

EToro Joins the Race: Robinhood, Kraken, and Others Are Already In

EToro isn’t alone in this push. Rival platforms are already rolling out similar features:

• Robinhood recently launched stock token trading for European users

• Kraken, Gemini, and Bybit have also started offering tokenized assets

• Binance previously offered stock tokens but shut them down due to regulatory concerns

EToro, however, believes that its regulated, transparent approach gives it an edge.

A Look Back: EToro’s Experience in Tokenization

This isn’t EToro’s first foray into tokenized assets:

• In 2019, it acquired Danish blockchain firm Firmo, which focused on smart contracts for financial instruments.

• It also launched tokenized gold and silver, offering a digital way to invest in precious metals.

These previous steps show that EToro has been building toward a larger vision—a fully tokenized investment platform.

What Happens Next?

EToro hasn’t revealed an exact launch date for the tokenized stocks, but the project is already in motion. Once live, users will be able to trade tokenized U.S. stocks right from their EToro accounts and possibly transfer them to Ethereum wallets in the future.

More importantly, this move could kick off a new era of investing, where stocks, bonds, and even real estate become digital tokens on public blockchains.

Is This the Future of Investing?

Tokenized stocks could be a game-changer for financial markets. By removing barriers like limited trading hours, high transaction fees, and central intermediaries, blockchain tech opens the door to more open, inclusive, and efficient investing.

EToro’s bold step may pressure traditional brokerages to follow suit or risk falling behind. As regulation catches up and public interest grows, Wall Street might soon look a lot more like Web3.

The post Crypto Meets Wall Street: EToro Moves U.S. Stocks to Ethereum Blockchain appeared first on Asia Crypto Times.

Bitcoin Hits $123K — But Most Americans Are Still Watching From the Sidelines

The Crypto Comeback Has Americans Torn: Buy Now or Miss Out Forever

Cryptocurrency is making headlines again in 2025 — and this time, for all the right reasons. Bitcoin has soared past $123,000, Ethereum is flying high at $3,600, and the total crypto market cap is approaching $4 trillion.

But while prices are booming, many Americans are watching from the sidelines — unsure, skeptical, or overwhelmed. According to a new survey by the National Cryptocurrency Association (NCA), the fear of missing out (FOMO) is real — but so is the fear of diving in too late.

 Survey Shows Mixed Feelings About Crypto Adoption

 One in Five Say They’ll Invest This Year

The NCA surveyed 2,000 Americans to better understand the public’s view on crypto in 2025. Here’s what they found:

• 20% of non-crypto holders plan to buy crypto this year.

• 40% of those curious about crypto (about one-third of the total) say they’re considering jumping in.

That’s a significant slice of the population eyeing the market. With rising prices and growing media attention, curiosity is spiking.

 But the Majority Still Say “No Thanks”

Despite the buzz, most Americans are staying cautious:

• 55% say learning about crypto is just too overwhelming.

• 70% say they want more trustworthy information before investing.

• 50% of interested people believe they’ve already missed the opportunity.

This divide shows the crypto knowledge gap is still a major barrier. Many Americans are interested, but don’t know where to start — or feel like they’re too late.

 Why Crypto Prices Are Surging in 2025

 Bitcoin’s Big Run

Bitcoin, the world’s most well-known digital currency, has jumped nearly 30% in 2025 alone, breaking above $123,000 earlier this month. That’s an all-time high, and it’s turning heads across Wall Street and Main Street alike.

Fueling the rally:

• Expectations of a more crypto-friendly political environment

• Renewed interest from institutional investors

• Growing demand for digital assets as inflation hedges

 Ethereum and the Broader Market Are Rising Too

Bitcoin isn’t the only one on a tear. Ethereum (ETH) is now trading around $3,600, benefiting from increased institutional adoption, tokenization of real-world assets, and strong activity in DeFi and NFTs.

The total cryptocurrency market is now valued at over $3.8 trillion, according to CoinMarketCap — showing just how much capital is flowing into the space.

 New Laws Are Making Crypto More Legit

 The GENIUS Act Is a Game Changer

Adding fuel to the fire is a recent move from the U.S. government. President Donald Trump signed the GENIUS Act into law last week — a major milestone for crypto regulation.

What it does:

• Establishes clear rules for stablecoins

• Encourages responsible innovation

• Helps build a legal foundation for crypto to go mainstream

This law is a big deal for investors. It gives crypto more legitimacy, and makes it easier for companies, institutions, and everyday people to interact with digital assets legally and safely.

 So, Did You Really Miss the Boat

 It’s Not Too Late — But Education Is Key

While half of survey respondents think they’ve missed the crypto train, that’s not necessarily true. Bitcoin and Ethereum may be hitting new highs, but many experts believe there’s still a long way to go — especially as blockchain use cases expand and regulation improves.

But the key is education. Most people who stay away from crypto do so because they don’t understand it. They want simple, reliable, and trustworthy resources to help them get started.

Sites like Investopedia, CoinMarketCap, and CoinGecko offer beginner-friendly tools. And platforms like Coinbase, Kraken, and Gemini now offer learning rewards and simplified interfaces for new users.

 Watch for Continued Growth in 2025 and Beyond

Between political support, legal clarity, and institutional adoption, the next chapter for crypto could be its most important yet.

If more Americans start to feel confident — and get access to the right information — we could see a massive wave of new users entering the space before the end of the year.

 Crypto Fever Is Back — Will You Join In or Sit Out

Crypto is heating up again in 2025, but not everyone feels ready to jump in. For many, the fear of missing out is competing with the fear of the unknown.

Still, with Bitcoin at record highs, Ethereum booming, and new legislation making crypto safer and more legitimate, the tide could be turning fast.

Whether you’re a crypto veteran or a total newbie, now might be the time to learn, explore, and decide if digital assets have a place in your financial future.

The post Bitcoin Hits $123K — But Most Americans Are Still Watching From the Sidelines appeared first on Asia Crypto Times.

Trump Media Is All In on Bitcoin—And They’re Not Done Buying

Trump Media’s $2 Billion Bitcoin Bet: What It Means for Crypto, Wall Street & the 2024 Election

Trump Media Now Holds Two-Thirds of Its Cash in Bitcoin

Donald Trump’s media company, Trump Media & Technology Group (DJT)—best known as the parent of Truth Social—has gone big on Bitcoin. The company has revealed that it now holds about $2 billion in Bitcoin and Bitcoin-related securities, accounting for nearly two-thirds of its $3 billion in liquid assets.

And they’re not stopping there.

DJT has set aside $300 million for a strategic options-based acquisition plan to buy even more Bitcoin-linked securities. The company also confirmed plans to keep buying more digital assets in the months ahead.

This aggressive move comes as former President Trump continues to make cryptocurrency a key issue in his 2024 presidential campaign.

Trump’s Pro-Crypto Agenda Is Gaining Speed

GENIUS Act Signed into Law

The timing of Trump Media’s Bitcoin investment spree couldn’t be more telling. Just days before, President Trump signed the GENIUS Act, a pro-stablecoin bill, into law. The bill aims to regulate and support U.S.-backed stablecoins—a type of cryptocurrency pegged to the U.S. dollar.

In addition, two more crypto-related bills were recently passed in the U.S. House of Representatives, further showing the Trump administration’s intent to make the U.S. a crypto innovation hub.

DJT Plans New Crypto ETFs with Crypto.com

Bitcoin ETFs Are Coming Soon

In a major financial move, Trump Media has also filed to launch three crypto exchange-traded funds (ETFs). These ETFs will invest directly in Bitcoin and other digital assets. The launch is expected later this year in partnership with Crypto.com.

This could mark one of the most high-profile crypto ETF entries in the market, following in the footsteps of BlackRock and Fidelity—except now with a Trump-backed media empire leading the charge.

Bitcoin Surges Past $119K—Fueled by Policy and Demand

All-Time Highs and Bullish Trends

As of Monday, Bitcoin was trading near $119,000, up from around $90,000 just three months ago. The recent surge has been powered by:

• Growing institutional adoption

• Supportive U.S. legislation

• Trump’s pro-crypto stance

• Massive ETF inflows

Just last week, Bitcoin hit a record high of over $123,000, continuing its meteoric rise. Analysts say the Trump-backed crypto movement is giving even more bullish momentum to Bitcoin.

Largest Corporate Bitcoin Holder Adds 6,220 More Coins

MicroStrategy Now Holds Over $72 Billion in Bitcoin

It’s not just Trump Media that’s going big on Bitcoin.

Strategy (MSTR), formerly known as MicroStrategy, disclosed in a recent filing that it bought another 6,220 Bitcoin last week. That brings its total holdings to a jaw-dropping 607,770 Bitcoin, worth about $72.32 billion at current prices.

This makes MicroStrategy the largest corporate holder of Bitcoin in the world—and it shows no sign of slowing down. The company’s founder and executive chairman, Michael Saylor, has been a vocal advocate for Bitcoin as a “digital gold” alternative to traditional reserves.

Why Is Trump Going All In on Bitcoin

Crypto and Politics Now Go Hand in Hand

Trump’s deep dive into Bitcoin isn’t just about financial returns—it’s a political and ideological statement.

He’s aligning his brand with:

• Crypto freedom and deregulation

• American innovation in blockchain

• A financial system outside Federal Reserve control

With this strategy, Trump aims to win over the tech-savvy, pro-crypto voter base, while positioning the U.S. as a global leader in blockchain and cryptocurrency.

This move could reshape financial policy, not just for traders and investors, but for the entire regulatory landscape.

Will Trump’s Crypto Moves Help Bitcoin Go Mainstream

ETFs + Legislation = Mass Adoption

Between Trump Media’s $2B Bitcoin holdings, the new pro-crypto laws, and the upcoming launch of ETFs, analysts believe we’re heading toward mainstream adoption at warp speed.

Here’s what’s expected in the near future:

• More institutional investors entering the crypto space

• Wider public trust in Bitcoin-backed ETFs

• Stronger legal clarity for stablecoins and digital assets

• Bitcoin possibly breaching $150K or more if the momentum continues

 The Trump-Bitcoin Era Has Begun

Donald Trump’s latest moves show he’s not just dipping a toe into crypto—he’s diving in headfirst.

Whether it’s through billion-dollar Bitcoin holdings, ETF launches, or crypto-friendly legislation, Trump is placing cryptocurrency at the center of his economic vision.

Investors, traders, and even skeptics now have no choice but to pay attention. Because like it or not, we may be witnessing the start of a new Trump-led crypto era.

The post Trump Media Is All In on Bitcoin—And They’re Not Done Buying appeared first on Asia Crypto Times.

Trump Turns U.S. Into “Crypto Capital of the World” With New Stablecoin Law

Trump Signs Groundbreaking Stablecoin Law: What It Means for Crypto Investors and the U.S. Economy

WASHINGTON, D.C. – In a major win for the cryptocurrency industry, President Donald Trump has signed a historic bill into law that sets the first official rules for stablecoins — a special kind of crypto that’s tied to the U.S. dollar and designed to avoid wild price swings.

This move is being hailed as a massive step forward for crypto legitimacy and signals the start of a new era where digital assets become more mainstream in the U.S. financial system.

 What Is the GENIUS Act

The new law, known as the GENIUS Act (short for Guiding and Establishing National Innovation for U.S. Stablecoins), creates clear guidelines for stablecoin issuers and puts consumer protections in place.

Stablecoins are digital currencies that aim to hold a stable value by being backed by real-world assets like the U.S. dollar or government bonds. They’re a key part of many crypto ecosystems, offering fast, secure, and low-cost transactions — but until now, they operated in a regulatory gray area.

With the GENIUS Act now signed into law, the U.S. becomes one of the first major economies to create a stable legal foundation for these digital assets.

 Trump’s Big Crypto Pivot

President Trump had once been skeptical of cryptocurrencies, but his view has shifted dramatically. On Friday, he signed the GENIUS Act at a packed White House ceremony attended by over 200 crypto executives, investors, and top Republican lawmakers.

“You were mocked, dismissed, and counted out,” Trump told the crowd. “But this signing is a massive validation of your hard work and pioneering spirit.”

He added that the crypto industry was now a vital part of the U.S. economy and praised its rapid rise in political power. “Nobody has gained the respect in such a short period of time,” Trump said.

 “I Did It for the Votes”

In a rare moment of political honesty, Trump admitted part of his motivation was electoral. “And I also did it for the votes,” he joked, drawing laughter from the audience.

The crypto industry spent heavily during the last election cycle to back pro-crypto candidates — with Trump being their top pick. They’ve also ramped up lobbying efforts in Washington to influence regulation.

 What’s in the GENIUS Act

 Clear Rules for Stablecoins

The new law puts in place:

• Licensing and oversight for stablecoin issuers

• Strict reserve requirements to protect consumers

• Regular audits to make sure stablecoins are truly backed by real assets

• Ban on risky practices like unbacked issuance

 Consumer Protection First

The bill is designed to boost public trust in stablecoins, which are often used for cross-border payments, DeFi (decentralized finance), and digital commerce. Lawmakers believe it will protect ordinary users while still allowing the industry to grow.

 Who Can’t Profit — and Who Can

A key part of the law bans members of Congress and their families from directly profiting from stablecoins. But interestingly, that rule doesn’t apply to the president or their family.

This is raising some eyebrows, as Trump and his relatives hold major stakes in World Liberty Financial, a crypto project that recently launched its own stablecoin. That coin got a major early investment from a UAE-based fund, giving it a head start in the crowded market.

Critics say this creates a potential conflict of interest — but Trump’s supporters argue it simply shows the president is betting on the same industry he’s now helping to regulate.

 Stablecoins Are Booming

The timing of the GENIUS Act couldn’t be more perfect for the crypto sector.

One of the biggest stablecoin companies, Circle, recently made its debut on the New York Stock Exchange — and saw its stock soar. Investors are pouring money into stablecoin-related projects, betting that regulated digital dollars will play a major role in the future of finance.

Stablecoin issuers typically make money from the interest they earn on the assets (like cash or bonds) they hold in reserve.

 What’s Next? More Crypto Bills on the Way

In addition to the GENIUS Act, the House just passed two more pro-crypto bills:

1. New Market Structure Bill: This would help define which crypto assets are considered commodities vs. securities — a major question that has created confusion for years.

2. Anti-Fed Digital Dollar Bill: This bans the Federal Reserve from creating a government-run digital currency, also known as a CBDC (Central Bank Digital Currency).

Both bills now go to the Senate, where they’re expected to face more debate but could pass with bipartisan support.

 Trump’s Vision: America as the “Crypto Capital of the World”

Trump has said over and over that he wants the U.S. to lead the global crypto revolution. By signing this law and backing a friendly regulatory environment, he hopes to attract more crypto companies, jobs, and investment into the country.

“This is good for the dollar and good for the country,” Trump said during the ceremony.

The crypto industry seems to agree — and it now has its biggest win yet under its belt.

The GENIUS Act marks a major turning point for the cryptocurrency world. After years of uncertainty, stablecoins now have a legal framework in the U.S. — and the president himself is cheering it on.

Whether you love or hate crypto, one thing is clear: it’s not going away. And with Trump in office and crypto executives at the table, digital assets are now a permanent part of the political and financial landscape.

The post Trump Turns U.S. Into “Crypto Capital of the World” With New Stablecoin Law appeared first on Asia Crypto Times.

Bitcoin Hits Record High Amid Trump’s New Policies and Dollar Drop

Bitcoin Soars Past $120,000 — What’s Fueling the 2025 Crypto Surge?

Bitcoin hit a new record early Monday, climbing above $120,000 per coin for the first time. This explosive rally continues a weeks-long surge powered by a mix of political momentum in Washington D.C., concerns over the weakening U.S. dollar, and booming investor interest.

Despite some midday selling pressure — dropping from $122,500 to $119,700 by 3:30 p.m. ET — bitcoin remains one of the top-performing assets of 2025.

Let’s break down why bitcoin is booming, what’s happening in D.C., and where the world’s most talked-about cryptocurrency might be heading next.

 Bitcoin Is Beating Almost Everything in 2025

Year-to-Date Gains Show Strength

So far in 2025, bitcoin is up 25.9%, making it one of the year’s best-performing major assets. Only gold, up 27.7%, has done better.

For comparison:

• The Nasdaq 100 has gained 8.7%

• The S&P 500 is up 7%

Bitcoin’s performance shows it’s acting like a high-growth tech stock, but with even more momentum.

 Bitcoin’s Total Value Hits $2.4 Trillion

As of Monday morning, the nearly 20 million bitcoins in circulation are worth a combined $2.4 trillion — now the fifth most valuable asset class in the world.

That means bitcoin is now more valuable than Amazon, and it’s closing in on Apple, which sits at a $3.1 trillion valuation.

 What’s Driving the Bitcoin Boom

1. Crypto-Friendly Moves in Washington D.C.

This week, the GOP-led House of Representatives has declared it “Crypto Week,” taking up three bills aimed at regulating digital assets. The most talked-about is the GENIUS Act, which would make it easier for companies to issue their own digital tokens.

While Democrats are skeptical, especially due to former President Donald Trump’s personal crypto gains, the overall tone in D.C. has shifted toward more crypto acceptance.

This political backing is fueling investor confidence — and bitcoin’s rise.

“These bills would make Congress complicit in Trump’s unprecedented crypto scam,” said Rep. Maxine Waters, a Democrat from California.

2. Trump’s Trade Pause and Tax Cuts

Another big driver? Trump’s partial pause on his trade war and the passage of his tax cut and spending bill.

While the bill reduces taxes, it also increases U.S. debt, making riskier assets like bitcoin more appealing — especially if investors expect more inflation ahead.

3. The Falling U.S. Dollar

The declining value of the U.S. dollar relative to other currencies is also making bitcoin more attractive to global investors. As fears grow that the dollar could lose its status as the world’s reserve currency, many are hedging with bitcoin.

 Big Finance Is Getting In On Bitcoin

Wall Street is taking crypto more seriously than ever.

Major financial institutions are increasing their exposure to crypto, thanks in part to proposed legislation in Congress. As more regulations become clear, big banks and investment firms are feeling more comfortable putting money into bitcoin and other digital assets.

This surge in institutional adoption is adding even more fuel to the crypto rally.

 Bitcoin Still Volatile — Should You Be Worried

Even as bitcoin rises, it remains highly volatile. Monday’s drop from $122,500 to $119,700 — nearly a 2% decline in a few hours — is a reminder that bitcoin’s price can swing sharply.

But those wild swings haven’t scared off investors in 2025. If anything, they’ve made bitcoin even more attractive as a high-risk, high-reward asset in a year of political and economic uncertainty.

 How High Can Bitcoin Go in 2025

There’s a fierce debate on whether bitcoin can keep climbing this year. Its future depends heavily on global interest rates and inflation trends.

When interest rates are low, money tends to flow into riskier assets like bitcoin. That’s what we’ve seen recently.

But if central banks start raising rates again to fight inflation — especially in the U.S., Europe, and Japan — that could act as a headwind for bitcoin.

“The risk that central banks shift focus back to the risks of re-accelerating inflation may develop into a potential headwind for bitcoin,” said Matthew Weller, global head of research at FOREX.com.

 Trump’s Bitcoin Gains Raise Eyebrows

Adding a political twist, Bloomberg reports that Trump’s recent crypto-linked net worth boost amounts to about $620 million. That figure has stirred debate, especially among Democrats who accuse the GOP of pushing crypto laws that personally benefit Trump.

Whether this leads to more scrutiny or increased regulation remains to be seen. But for now, Trump’s influence on the crypto world is undeniable — and bitcoin’s price is reflecting that.

 Crypto’s Future Still Hinges on Policy

While investor enthusiasm is high, bitcoin’s long-term path depends on what happens in Washington and central banks around the world.

If the U.S. adopts a clear, crypto-friendly regulatory framework, bitcoin could see even more institutional investment. But if inflation returns or regulation turns hostile, the digital currency could face new challenges.

For now, though, bitcoin is flying high — and it shows no signs of slowing down.

The post Bitcoin Hits Record High Amid Trump’s New Policies and Dollar Drop appeared first on Asia Crypto Times.

Stablecoin Giant Circle Aims to Shake Up U.S. Finance with National Bank Charter

Circle’s Big Move: Why the USDC Issuer Wants to Become a National Crypto Bank

Stablecoin leader Circle Internet Group (CRCL) has taken a bold step toward reshaping the future of U.S. finance. In a major announcement, the company revealed it has applied to become a national trust bank—a move that could help it secure a larger role in the $250+ billion stablecoin market.

If approved by U.S. regulators, Circle’s new entity—First National Digital Currency Bank, N.A.—would allow the company to directly manage the reserves behind its USDC stablecoin and offer fiduciary services. But there’s a catch: it wouldn’t be allowed to take cash deposits or issue loans like a traditional bank.

Let’s break down what this means, why it matters, and how it could change crypto forever.

 What Circle’s National Bank Application Means

A step toward regulatory trust

Circle has formally filed with the Office of the Comptroller of the Currency (OCC)—the top banking regulator in the U.S.—to operate as a national trust bank. This kind of charter would give Circle more control over how it manages and protects the funds backing its popular stablecoin, USDC (USD Coin).

In simple terms: this move could give Circle more freedom, more responsibility, and much more trust with regulators and Wall Street.

What this bank can and can’t do

Circle’s planned trust bank won’t function exactly like JPMorgan or Wells Fargo. It will not:

• Accept customer deposits like savings or checking accounts

• Lend money or offer loans

Instead, it will:

• Custody and manage the reserve assets behind USDC

• Offer fiduciary services (like managing digital assets on behalf of others)

According to Circle CEO Jeremy Allaire, the move “marks a significant milestone” in building a transparent and efficient internet-based financial system.

 Why Circle Wants to Be a Bank Now

Riding high after IPO success

Circle’s application comes just weeks after its blockbuster IPO on June 5, 2025, where shares were launched at $31. The stock has since exploded by 470%, closing at $192.53 before dipping slightly in overnight trading.

Wall Street is paying attention—and so is Washington.

Legislation is around the corner

The timing isn’t random. U.S. lawmakers are expected to pass the country’s first stablecoin legislation later this year, and Circle wants to be ahead of the curve.

The proposed GENIUS Act would:

• Require stablecoin issuers to hold reserves in cash or U.S. Treasuries

• Put large issuers under OCC oversight

• Create clear rules for banks and fintechs to issue stablecoins

Getting a national bank charter now puts Circle in the perfect position to benefit from these upcoming rules—and opens the door for expansion.

 Only One Other Crypto Bank Exists—So Far

At the moment, Anchorage Digital is the only crypto-native firm with a similar trust bank license. Circle joining that list could give the stablecoin issuer a serious edge over rivals like Tether or newer decentralized finance (DeFi) platforms.

Currently, Circle’s reserves are:

• Custodied by: Bank of New York Mellon

• Managed by: BlackRock

Becoming its own bank could mean lower costs, more control, and faster services for Circle’s customers and partners.

 Circle’s Stablecoin Ambitions Are Global

Circle is best known for USDC, the second-largest stablecoin in the world. Unlike Bitcoin or Ethereum, stablecoins are designed to keep a stable value—usually pegged to the U.S. dollar.

This makes them perfect for:

• Cross-border payments

• Settling digital trades

• Providing safety during crypto market dips

Analysts see stablecoins as one of the most promising sectors in crypto—and Circle is leading the charge.

 The Market Is Massive—and Growing Fast

Stablecoins aren’t just a crypto curiosity anymore. They’re attracting big interest from:

• Wall Street giants: JPMorgan, Bank of America

• Credit card leaders: Visa, Mastercard

• Big Tech: Apple, Amazon, Google

• Fintech apps: PayPal, Robinhood

The global stablecoin market is currently worth $253 billion, and growing fast. Some forecasts say it could hit:

• $2 trillion by 2028 (U.S. Treasury estimate)

• $4 trillion in the next decade (Bernstein Research)

Bernstein’s analyst Gautam Chhugani even called Circle a “must-hold” stock for investors who want exposure to the future of digital finance.

 What the GENIUS and Clarity Acts Could Mean

There are two major U.S. bills in the works that could shape the future of crypto and stablecoins:

1. GENIUS Act (Stablecoin law)

• Sets reserve standards (cash or Treasuries only)

• Brings stablecoin issuers under federal regulation

• Ensures consumer protection and systemic stability

2. Clarity Act (Broader crypto law)

• Would authorize tokenization of real-world assets

• Opens doors for blockchain versions of stocks, bonds, and bank deposits

• Provides legal frameworks for DeFi, crypto trading, and more

If passed, these bills would place Circle—and its stablecoin USDC—at the heart of the new regulated crypto economy.

 Politics, Trump, and Crypto’s Big Year

President Donald Trump has promised to make the U.S. the “crypto capital of the world,” and industry insiders say the environment has become much friendlier under his leadership.

Circle’s move to become a bank is a reflection of this changing mood. For the first time, crypto firms are not being pushed out—they’re being invited in.

 Circle Is Building the Future of Money

Circle’s application to become a national trust bank is more than just paperwork—it’s a signal that crypto is going mainstream in a big way.

By taking on more responsibility, aligning with regulators, and planning for a trillion-dollar market, Circle is betting on long-term trust and transparency over short-term hype.

And if things go according to plan, Circle may soon become the first truly crypto-native institution with real banking power in the U.S.—right as stablecoins prepare to reshape global finance.

The post Stablecoin Giant Circle Aims to Shake Up U.S. Finance with National Bank Charter appeared first on Asia Crypto Times.

Gold vs. Dollar: Peter Schiff to Launch His Own Gold-Backed Crypto Token

Peter Schiff Plans to Launch Gold-Backed Crypto, Slams USD Stablecoins

Peter Schiff, the well-known gold advocate and critic of Bitcoin, is making waves in the crypto world again — but this time, he’s switching lanes. Schiff now says he “gets Bitcoin,” but he’s still not convinced about U.S. dollar-pegged stablecoins. Instead, he’s planning something big: a gold-backed digital token of his own.

 Why Is Peter Schiff Against Dollar-Backed Stablecoins?

In a post on X (formerly Twitter), Schiff expressed skepticism about stablecoins tied to the U.S. dollar. He questioned the logic of using a digital currency backed by what he calls a “flawed fiat currency.”

“If you’re going to introduce a third-party custodian,” he said, “why settle for a token backed by a flawed fiat currency like the dollar, when you can own one backed by gold?”

To many, this is classic Schiff — doubling down on his decades-long belief that gold is the only true store of value.

From Bitcoin Hater to Crypto Innovator

While Schiff has long criticized Bitcoin as speculative and volatile, his recent remarks show a subtle shift. He’s beginning to see the value of blockchain technology, especially when it’s tied to something he truly believes in: physical gold.

When a user suggested that he should create his own gold-backed stablecoin, Schiff responded confidently:

“They already exist. But I do intend to launch my own.”

This statement signals his intent to dive directly into the crypto space — not with a typical digital currency, but with a token backed by the world’s oldest money.

The Rise of Stablecoins: A $260 Billion Market

 What Are Stablecoins, Anyway

Stablecoins are cryptocurrencies designed to maintain a stable value by being pegged to assets like the U.S. dollar or even commodities like gold. They’ve become essential tools in the crypto world, often used for:

• Fast and cheap cross-border payments

• Trading without leaving the crypto ecosystem

• Storing value during market volatility

 How Big Is the Market

The stablecoin market has exploded in recent years, reaching over $260 billion. Major players include:

• USDT (Tether)

• USDC (Circle)

These two dominate the scene, both being backed 1:1 by U.S. dollars held in reserve.

 Regulation Incoming: The GENIUS Act

Amid this explosive growth, lawmakers are stepping in. The U.S. Senate recently passed the GENIUS Act, aiming to regulate stablecoins and ensure they’re transparent, secure, and properly backed.

This legislation reflects how important these tokens have become — not just for traders, but for governments and global finance.

Gold-Backed Tokens: Small but Mighty

 What Are Gold-Backed Tokens?

Unlike dollar-backed stablecoins, gold-backed tokens represent ownership of real gold stored in vaults. Think of them as a digital version of holding gold bars — but easier to store, trade, and transfer.

Popular examples include:

• PAX Gold (PAXG)

• Tether Gold (XAUT)

These tokens haven’t gained massive popularity yet, but the niche is growing. The total market cap sits around $2 billion — a fraction of the broader stablecoin market.

 Why Use Gold Tokens

Gold-backed tokens appeal to investors looking for:

• A hedge against inflation

• More stability than fiat currencies

• A physical asset behind the digital token

• Use in DeFi (Decentralized Finance), like staking and borrowing

Schiff believes these tokens will grow in importance, especially as trust in traditional fiat systems continues to erode.

Peter Schiff’s Gold Token Vision: What’s Next

Schiff hasn’t released full details about his token yet — no launch date, name, or tech specs. But knowing his reputation, we can expect it to be heavily marketed as a true alternative to fiat-backed coins, aligning with his decades-long message: Trust Gold, Not Governments.

This move could:

• Bring more credibility to gold-backed crypto

• Appeal to traditional investors who distrust both crypto and fiat

• Offer an option for people wanting real asset-backed digital money

Why This Matters

Peter Schiff entering the stablecoin game is big news. Not just because he’s a public figure with strong opinions — but because it highlights a growing trend: the blending of traditional assets with blockchain technology.

• Gold meets crypto

• Old-school investors meet new-age tech

• And the stablecoin wars may just be getting started

With stablecoins set to hit $3.7 trillion by 2030 (according to Citi), Schiff’s move into gold-backed tokens could spark a wave of innovation and competition in the space.

Peter Schiff might still be a Bitcoin skeptic at heart, but his growing interest in blockchain shows that even the most traditional investors are paying attention. His upcoming gold-backed token could change the way we think about digital assets — merging the trust of gold with the efficiency of blockchain.

Only time will tell if Schiff’s project will gain traction. But one thing is certain: the stablecoin space just got a whole lot more interesting.

The post Gold vs. Dollar: Peter Schiff to Launch His Own Gold-Backed Crypto Token appeared first on Asia Crypto Times.

Stablecoins Set to Go Mainstream as Congress Finally Backs Crypto Rules

 U.S. Senate Passes Key Vote on Stablecoin Bill as House Pushes Market Rules Forward

In a historic moment for the crypto industry, the U.S. Senate has taken a major step toward passing its first serious cryptocurrency legislation, clearing the path for federal regulation of stablecoins—digital tokens tied to the U.S. dollar.

Meanwhile, the House of Representatives is making strides on a separate but equally important crypto bill aimed at setting clear rules for the overall digital asset market. Together, these bills could transform how crypto operates in the U.S. and give much-needed clarity to both developers and investors.

 Senate Advances Stablecoin Bill With Strong Bipartisan Support

The GENIUS Act Clears the Biggest Hurdle

On Wednesday, the Senate voted 68-30 to advance the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 (GENIUS) Act—a bill that would regulate the issuance of stablecoins in the U.S.

This vote met the 60-vote threshold required to move toward final passage and showcased rare bipartisan unity in a deeply divided chamber. The bill has already gone through several revisions and won multiple rounds of support, and final approval now seems inevitable.

“This would strengthen our fiscal position and cement the dollar’s status as the world’s reserve currency,” said Senator Bill Hagerty, the bill’s sponsor.

 What Does the Stablecoin Bill Actually Do

Federal Oversight with Room for Innovation

The GENIUS Act sets up a regulatory framework for stablecoin issuers, giving them the option to be overseen by either federal or state regulators. This structure aims to:

• Support innovation while keeping financial risks in check

• Allow some non-financial corporations to issue stablecoins (a controversial feature)

• Establish rules for the growing use of dollar-pegged tokens like USDC and USDT in crypto markets

Stablecoins are critical for day-to-day crypto transactions, often acting as the backbone of decentralized finance (DeFi) and global crypto trading. But until now, they’ve operated in a regulatory gray area.

 Not Everyone’s On Board: Warren Slams the Bill

Senator Warren Warns of Financial Risk

Not all lawmakers are celebrating. Senator Elizabeth Warren took a firm stand against the bill, warning that it lacks key safety measures to prevent financial disasters.

“This bill permits stablecoin issuers to invest in risky assets,” Warren said. “It could blow up our entire financial system.”

She criticized her fellow Democrats for siding with Republicans and urged them to push for amendments that would tighten oversight and ban dangerous activities like private credit and derivatives trading by stablecoin companies.

 What’s Next? The House Must Decide the Path Forward

Will the House Combine the Bills?

Once the GENIUS Act passes the Senate, it moves to the House of Representatives, where things could get more complicated. House leaders must decide whether to:

1. Vote directly on the Senate version,

2. Merge it with their own proposed legislation, or

3. Pair it with a broader effort already underway—the Digital Asset Market Clarity Act

 Big Wins in the House for Crypto Regulation

Clarity Act Moves Forward with Bipartisan Momentum

While the Senate was voting on stablecoins, the House was celebrating a double victory on Tuesday. The Digital Asset Market Clarity Act, which would create a full regulatory framework for the entire crypto market, cleared two key committees:

• The House Financial Services Committee

• The House Agriculture Committee

Both committees passed the bill with strong bipartisan votes, signaling major support in the House for clearer, long-term crypto regulations.

 Crypto Industry Backs Both Bills

A Turning Point for U.S. Crypto Policy?

Crypto lobbyists and industry insiders are calling this a turning point. After years of slow progress, Washington finally seems ready to give digital assets a clear legal framework.

They argue that both the GENIUS Act and the Clarity Act are essential for:

• Protecting consumers

• Encouraging responsible innovation

• Attracting crypto businesses to stay in the U.S. instead of moving abroad

“We need both bills to make crypto safer and more competitive in America,” said one industry representative in D.C.

 What This Means for the Future of Crypto in the U.S.

Regulation Is Coming—But Innovation Might Follow

If both bills make it through Congress and get signed into law, the U.S. crypto industry would finally have:

• Clear licensing paths for stablecoin issuers

• Defined roles for SEC, CFTC, and state agencies

• Legal certainty for investors, builders, and exchanges

• Global competitiveness in a booming tech sector

While critics like Warren argue the GENIUS Act doesn’t go far enough, supporters say it’s a vital first step in finally bringing crypto under the umbrella of American financial law.

 Crypto’s Policy Breakthrough Has Arrived

For years, U.S. crypto regulation has been stuck in limbo, blocked by political fights and outdated laws. But with the Senate moving forward on stablecoins and the House pushing for full market clarity, change is finally happening.

The road to becoming law isn’t over yet, but for now, the industry has its best shot ever at real regulation that balances innovation with safety.

The post Stablecoins Set to Go Mainstream as Congress Finally Backs Crypto Rules appeared first on Asia Crypto Times.