Mastercard Acquires BVNK for $1.8 Billion
@Mastercard has agreed to acquire BVNK, a stablecoin infrastructure firm, for up to $1.8 billion, enhancing its digital asset support across 130+ countries. #Update #Crypto $USDC
top-news
U.S. Jobs Plummet by 92000 Unemployment Hits 4.4%
The U.S. lost 92,000 jobs in February, raising unemployment to 4.4%. Bitcoin trades near $70,000 amid market volatility and rising oil prices. #Update #Crypto $BTC
Bitcoin Surges Above $89000 as Dollar Dips
Bitcoin ($BTC) rose to $89,300, up 2.2%, as the U.S. dollar index fell to 95.80, its lowest in four years after President Trump’s comments. #Update #Crypto $BTC
Fed Cuts Rates by 25 Basis Points
The U.S. Federal Reserve cut its benchmark interest rate by 25 basis points to 3.75%-4.0%, with Bitcoin trading at $111,700, down 3%. Market awaits Fed Chair Powell’s comments. #Update #Crypto $BTC
Stablecoin Acquisition Talks Hit $2.5B
@Coinbase and @Mastercard are in advanced talks to acquire BVNK for $1.5B-$2.5B, potentially reshaping stablecoin payments. The deal could be the largest of its kind. #Update #Crypto $USDC