Tag: COIN:MKRUSD
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Crypto: Bitcoin ETFs Experience 3 Consecutive Days of Outflows, CryptoPunk Fetches $16.42M in Sale, and More
Cryptocurrencies react positively to interest rate cut prospects The Federal Reserve’s maintenance of the federal funds rate at 5.25 – 5.50% and the indication of a balance sheet reduction adjustment influenced various markets. The Fed’s balance sheet has grown by 59% since January 2020, reaching $7.542 trillion. This policy has caused notable fluctuations in Bitcoin…
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Crypto This Wednesday: BTC Jumps, Jerome Powell Emphasizes Stablecoin Oversight, And More
Jerome Powell Highlights Oversight of Stablecoins as “Form of Money” US Federal Reserve Chairman Jerome Powell has stated that the regulator considers stablecoins to be a “form of money” and believes that central banks should oversee them. He made this statement during a hearing in response to Congresswoman Maxine Waters, who questioned whether stablecoin issuers should…
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Crypto this Tuesday: Solana Integrates ChatGPT for Blockchain Interactions, OKX Seeks Registration in France, and More
Solana integrates AI with ChatGPT plugin to facilitate blockchain interactions The Solana Foundation integrated artificial intelligence using a ChatGPT plugin developed by Solana Labs. The plugin enables interactions with the Solana blockchain, including functions such as buying NFTs, transferring tokens and interpreting data. The foundation also increased funding for blockchain and AI-related grants to $10 million and…