PayPal Stablecoin Faces SEC Subpoena, Genesis Shifts Bankruptcy Strategy

Nov 2, 2023
Market Update Yesterday afternoon, both crypto and equity markets experienced a significant surge during Federal Reserve Chairman Powell's press conference, an event that numerous observers are labeling as a potential dovish shift. Stocks climbed approximately 1%, and $BTC saw an over 2% increase, while the 10-year yields sharply declined to around 4.65%, markedly below the recent peak of 5% two weeks ago. Since the gains from yesterday afternoon, digital asset prices have remained relatively stable, while stocks and bonds have continued rising. Investor focus is turning towards Apple’s ear

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In