Donald Trump Jr., co-founder of World Liberty Financial, cheered the dollar-pegged World Liberty Financial USD (USD1) stablecoin hitting a $5 billion market capitalization on Wednesday.

Trump Family Cheers USD1’s Success

Trump Jr. posted a CoinMarketCap screenshot on X to highlight the milestone.

“Built in America, designed for real-world scale, and adopted by serious institutions. This is what happens when you focus on infrastructure over noise,” Trump Jr. said.

Eric Trump, Trump Jr.’s younger brother and fellow co-founder, also celebrated the achievement.

USD1 Outshines PayPal’s StablecoinThe Red Flags

The Trumps have placed USD1 at the center of their decentralized finance…

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Leading cryptocurrencies and stocks traded flat on Wednesday, while gold extended its record-breaking rally as Federal Reserve Chair Jerome Powell said that rate cuts are not “anybody’s base case” currently.

Bitcoin’s Rally Stalls At $90,000

Bitcoin bulls attempted a breakout above $90,000 but ran into heavy resistance, sending it back toward $88,000.

Ethereum broke past $3,000 but couldn’t hold it for long. Trading volume for the second-largest cryptocurrency plunged 21% over the last 24 hours.

Roughly $233 million was liquidated from the market in the last 24 hours, according to Coinglass, with nearly an equal amount of bullish longs and bearish shorts wiped out.

Bitcoin’s open…

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Bitcoin continues to trade below $90,000 as the Federal Reserve delivered the expected interest rate hold.

Notable Statistics:

Coinglass data shows 90,316 traders were liquidated in the past 24 hours for $281.97 million.       

In the past 24 hours, gainers include Hyperliquid, DoubleZero and Canton.

Notable Developments:

Trader Notes: Trader Michael van de Poppe noted that the Fed holding rates steady isn’t the key takeaway.

Focus now shifts to forward guidance, QE expectations, overnight repo operations, and developments around the Japanese yen.

Powell’s upcoming speech is expected to be more market-moving than the rate decision itself.

Trader KillaXBT said Bitcoin’s structure…

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Flashy protocols or smart token mechanics won’t lead the next cycle in crypto. Instead, it will be led by companies that did the “boring” work of obtaining licenses, building compliance systems, and securing distribution through banks and regulated channels. At the same time, the markets were focused on speculation.

Everyone can already see that reality in the number of deals being made, the growth of stablecoins, and the steady entry of traditional banks into the crypto space.

Although the cryptocurrency industry was once referred to as the “Wild West” due to a lack of clear-cut regulation, as well as its perceived disregard for existing rules, this viewpoint is now a competitive…

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Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are entering Q1 on cautious sentiment after months of range-bound trading.

Bitcoin Sentiment Shifts

In its Charting Crypto Q1 report, Glassnode in collaboration with Coinbase (NASDAQ:COIN) Institutional, stated that Bitcoin continues to trade in a low-conviction sentiment regime.

Net Unrealized Profit/Loss (NUPL) shifted from Belief to Anxiety during October’s liquidation event, a transition that historically aligns with consolidation phases where investors stay engaged but hesitant.

Structurally, this backdrop leaves room for upside if volatility continues to compress or macro conditions remain supportive.

The October liquidation also flushed…

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Fidelity Investments is launching the Fidelity Digital Dollar (FIDD) stablecoin in early February to compete in the $308 billion stablecoin market dominated by Circle’s (NYSE:CRCL) USDC (CRYPTO: USDC) and Tether’s USDT (CRYPTO: USDT).

FIDD: How It Works

The stablecoin will be issued by Fidelity Digital Assets, a federally chartered national trust bank that received approval from the Office of the Comptroller of the Currency in December.

FIDD is pegged 1-to-1 to the U.S. dollar and backed by cash and short-term U.S. Treasuries.

For every FIDD token in circulation, Fidelity holds $1 in reserves—just like how Circle and Tether back their stablecoins.

The reserves comply with the GENIUS…

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Wall Street posted modest gains on Wednesday, while gold extended its relentless rally, shattering records above $5,300 an ounce ahead of the Federal Open Market Committee meeting.

The yellow metal is now up more than 22% this month, putting it on track for its strongest monthly performance since January 1980. Meanwhile, silver rose nearly 3% to $114 per ounce, eyeing its best-performing month ever after surging 59% year-to-date.

U.S. equities opened higher but lost momentum as the session wore on. The S&P 500 briefly touched a fresh all-time high near 7,000 before slipping about 30 points in midday New York trading. The Nasdaq 100 outperformed, rising 0.4% to break above 26,000 and move…

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