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About FOMC

FOMC is a pioneering blockchain-powered platform that transforms financial market perceptions. It enables users to wager on the outcomes of Federal Open Market Committee (FOMC) meetings, marrying finance, economics, and entertainment in a unique way.Utilizing blockchain's transparency and security, FOMC Bet offers a peer-to-peer betting environment. Users can wager on interest rates outcomes using the platform's native $FOMC token. These bets are pooled, with winners paid proportionally to their correct bets.FOMC introduces a time-based weighting system to reward early and correct bets with larger payouts. Additionally, a 0.5% tax is implemented on each bet to maintain balanced reward distribution, half of which is added to the pool, and the other half burned to curb inflation.FOMC is an innovator in economic prediction markets, offering an engaging platform for global enthusiasts.

FOMC (FOMC) is a cryptocurrency launched in 2023. FOMC has a current supply of 31,380.00Bn with 0 in circulation. The last known price of FOMC is 0.000000000695 USD and is 0 over the last 24 hours. It is currently trading on active market(s) with $0 traded over the last 24 hours. More information can be found at https://fomctoken.com.

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FOMC Price Statistics
FOMC’s Price Today
24h Price Change
-$00.00%
24h Volume
$00.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#7002
FOMC Market Cap
Market Cap
$0
Fully Diluted Market Cap
$21,796.67
FOMC Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
FOMC Supply
Circulating Supply
0
Total Supply
31,380.00Bn
Max Supply
31,380.00Bn
Updated Aug 20, 2023 2:30 am
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FOMC
FOMC
$0.000000000695
$0(-0.00%)
Mkt Cap $0
There's nothing here for now
IREN Reports Record Earnings Amid Bitcoin and AI Expansion
IREN Reports Record Earnings Amid Bitcoin and AI Expansion
According to Cointelegraph, Bitcoin miner IREN has achieved its most successful quarter to date, generating $187.3 million in the last quarter and contributing to a record $501 million in revenue for the fiscal year. This impressive performance has led to a nearly 14% increase in its stock during after-hours trading. The quarterly revenue for the period ending June 30 saw a 226% year-on-year increase, allowing the company to return to profitability with a net income of $176.9 million. The growth was primarily driven by its Bitcoin mining operations, but IREN has also expanded its presence in the AI sector by becoming a "Preferred Partner" to AI leader Nvidia. IREN's stock closed at $23.04 on Thursday, rising by 3.1%, and continued to climb by another 13.9% in after-hours trading, according to Google Finance data. The stock has been on an upward trajectory throughout the month, consistently reaching new highs. This expansion into AI is part of a broader industry trend, as Bitcoin miners face increased mining difficulty, leading to higher energy consumption and tighter profit margins. Many miners are now seeking more efficient equipment, cheaper energy sources, or diversifying into AI to maintain profitability. In 2025, IREN has established itself as a leading Bitcoin miner, recording $1 billion in annualized revenue under current mining conditions. It surpassed industry heavyweight MARA Holdings in Bitcoin production in July, mining 728 BTC compared to MARA's 703 BTC. IREN also achieved 50 exahashes per second in installed Bitcoin mining capacity but has paused further expansion to concentrate on AI. As a "Preferred Partner" to Nvidia, IREN increased its GPU count to 1,900 during the quarter, marking a 132% year-on-year growth. This partnership provides IREN with enhanced access to Nvidia's hardware, allowing it to generate revenue by renting GPU power for machine learning tasks and supporting businesses requiring high-performance AI computation. IREN plans to invest an additional $200 million to increase its GPU count to 10,900 in the coming months, aiming for $200 million to $250 million in annualized AI revenue by December. This would represent a significant increase compared to the $25 million monthly revenue generated between April and June. In the long term, IREN intends to install 60,000 of Nvidia's Blackwell GPUs at its British Columbia site in Canada. Despite being labeled as "overvalued" by short-selling firm Culper Research last year, IREN's shares have rebounded significantly, rising 312.2% in the past four months. Additionally, IREN recently settled a legal dispute with creditor NYDIG over $105 million in defaulted equipment loans, concluding a nearly three-year legal battle.
Aug 29, 2025 10:02 am

Frequently Asked Questions

  • What is the all-time high price of FOMC (FOMC)?

    The all-time high of FOMC was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of FOMC (FOMC) is 0. The current price of FOMC is down 0% from its all-time high.

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  • How much FOMC (FOMC) is there in circulation?

    As of , there is currently 0 FOMC in circulation. FOMC has a maximum supply of 31,380.00Bn.

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  • What is the market cap of FOMC (FOMC)?

    The current market cap of FOMC is 0. It is calculated by multiplying the current supply of FOMC by its real-time market price of 0.000000000695.

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  • What is the all-time low price of FOMC (FOMC)?

    The all-time low of FOMC was 0 , from which the coin is now up 0%. The all-time low price of FOMC (FOMC) is 0. The current price of FOMC is up 0% from its all-time low.

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  • Is FOMC (FOMC) a good investment?

    FOMC (FOMC) has a market capitalization of $0 and is ranked #7002 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze FOMC (FOMC) price trends and patterns to find the best time to purchase FOMC.

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