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