ProBit Global Highlights:
Mavericks, the Stabull Finance Launchpad Round 2 is in full swing! 🚀
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We are always on the look out for the best projects and events to bring to our platform for our community. Lets welcome FibSwap to ProBit Global!
Bitcoin Shows Strength at $87K as Stocks and Dollar Falter
Bitcoin is holding steady near $87,000, even as U.S. stocks and the dollar take a hit—a sign of growing confidence in BTC as a potential safe-haven asset. Unlike past dips during market turmoil, Bitcoin is staying strong while tech stocks slump and gold rises. Analysts say this could signal a shift in how investors view crypto, especially with rising uncertainty around Federal Reserve policy. Former macro strategist Lawrence McDonald called BTC’s resilience “a game-changer,” pointing to increased trust in Bitcoin during times of fiat stress and political pressure on Fed Chair Jerome Powell.
MANTRA CEO Burns 150M OM Tokens to Rebuild Trust
In a bold move to regain community trust after OM’s recent 90% price crash, MANTRA CEO John Patrick Mullin is burning his entire 150 million token allocation. This reduces OM’s total supply to 1.67 billion and will increase staking rewards. Another 150 million tokens from ecosystem partners are also set to be burned, totaling a 300 million token reduction. The burn initiative aims to tighten supply, boost confidence, and support the price. This marks the beginning of MANTRA’s broader recovery plan, which also includes a token buyback and a new transparency dashboard for investors.
Over 70 Crypto ETFs Await SEC Approval in 2025
More than 70 crypto ETFs — from major coins like Solana and XRP to memecoins and derivatives — are under review by the SEC this year. Analysts say it's shaping up to be a wild ride for crypto in traditional finance. While institutions show growing interest, with 80% planning to invest more in 2025, not all ETFs will see equal success. Think of it like music: just because your song hits streaming platforms doesn’t mean it’ll be a hit. Still, ETFs could bring broader exposure — and for some altcoins, that could mean serious momentum.
Circle Sets Sights on Global Payments With New Remittance Network
Circle, the company behind the $60B USDC stablecoin, is launching a new payments and remittance network aimed at shaking up the global money transfer space. Announced from their New York HQ in One World Trade Center, the move targets banks, fintechs, and payment providers. With stablecoins gaining mainstream traction, Circle is positioning itself as a serious rival to giants like Visa and Mastercard. The goal? Make sending money across borders as easy and fast as sending a text. As regulations evolve, Circle is doubling down on its payments roots — and aiming to lead the next wave of financial innovation.
Paul Atkins Sworn In as SEC Chair, Signals Crypto-Friendlier Era
Paul Atkins has been sworn in as the new chairman of the U.S. Securities and Exchange Commission, taking over from acting chair Mark Uyeda. Nominated by President Trump and confirmed by the Senate, Atkins is expected to take a more open stance toward crypto than his predecessor, Gary Gensler. With up to $6 million in crypto-related investments, Atkins brings industry insight as the SEC faces a record 70+ crypto ETF applications this year. His leadership could mark a major shift, as the SEC moves away from aggressive enforcement and toward building stronger relationships with crypto innovators.
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