Fed Issues Stablecoin Guidance, Rollbit Soars

Aug 9, 2023
Market Update $BTC has retraced 0.8% after briefly trading above $30k. The rally followed comments from Galaxy Digital CEO Mike Novogratz on an earnings call where he hinted at a potential approval of a spot ETF within six months, citing sources at BlackRock and Invesco. $ETH is also lower 0.3% reaching $1.85k. Crypto Casino and Exchange Rollbit’s $RLB gained 50%, entering and outperforming the top 100 after recent updates to its tokenomics (more below). U.S equities are slightly lower ahead of tomorrow’s highly anticipated CPI release, with the S&P down 0.3% and the Nasdaq 0.66% lower. I

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