Fed Chairman Powell attributed the reason for not cutting interest rates to the fact that the Fed's forecasts, both at home and abroad, predict a significant increase in inflation this year.
Orderly announced a partnership with Kaito AI.
Spot Bitcoin ETFs in the US had a total net inflow of $588 million yesterday. BlackRock received the largest investment with $436 million. Fidelity received $85 million and ARK Invest received $43 million.
At the time of writing, Bitcoin (BTC) is trading at $106,433 and Ethereum (ETH) at $2,445.
The fear and greed index is neutral at “48”.
Important developments during the day:
ZIGChain (ZIG): The mainnet will be launched.
Core (CORE): Theseus Hardfork will be activated on the mainnet.
