VerifiedX, a decentralized Layer 1 network and Bitcoin sidechain, has partnered with Crypto.com to provide institutional-grade custody for $1.5 billion in digital assets.This marks the second major integration between the two firms, following a payments integration earlier this year.
The total market value of the US stock market evaporated by $1 trillion, and the market value of the cryptocurrency market decreased by $120 billion today. (Watcher.Guru)
[Federal Reserve's Goolsbee Says He Is Not Hawkish on Medium-Term Interest Rates]
Federal Reserve's Goolsbee stated that he does not hold a hawkish stance on medium-term interest rates.
[Federal Reserve's Goolsbee Says Official Inflation Data Poses Greater Risk Than Labor Market Data]
Federal Reserve's Goolsbee stated that official government data is 'a mess,' and compared to the labor market, the lack of visibility in inflation poses a greater risk, as there are more alternative data sources available for the labor market.
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[Federal Reserve's Goolsbee Says Inflation Decline Trend May Have Stalled]
Federal Reserve's Goolsbee stated that the trend of declining inflation appears to have stalled.