AiCoin Daily (April 17th)

[U.S. Senate Panel to Hold Digital Asset Taxation Hearing on October 1] Golden Finance reports, market news: The U.S. Senate panel will hold a digital asset taxation hearing on October 1.

Spike in FTT activity coincides with a post from Bankman-Fried’s X account despite prison restrictions, drawing ire from the crypto community.

Despite holding similar properties, gold and bitcoin have been moving in opposite directions of late.

[Federal Reserve's Goolsbee Warns Against Consecutive Rate Cuts Policy] The Financial Times reported that Federal Reserve official Goolsbee recently issued a warning, advising against adopting a monetary policy of consecutive rate cuts. He emphasized that overly frequent rate cuts could pose potential risks and stressed the need to carefully assess their long-term impact on the economy.

[Autris Announces Acquisition of BitCorp Capital and Plans to Raise $30 Million] Publicly listed company Autris has announced the acquisition of BitCorp Capital, a firm specializing in cryptocurrency investments, to further strengthen its Bitcoin financial strategy. However, the specific acquisition amount has not been disclosed. In addition, Autris plans to raise up to $30 million from accredited investors under Regulation D 506(b). This move aims to support its expansion plans and optimize its existing business layout.