Hong Kong Releases Tokenized Product Standards, Circle to Discontinue USDC on Tron

U.S. equities are under further pressure in Wednesday’s trading, with the SPY (-0.31%) and QQQ (-0.88%) trading lower as investors anxiously await Nvidia’s earnings later today. Crypto markets are showing more pronounced losses, with BTC and ETH falling 2.37% and 3.57%, respectively. Despite the declines, Bitcoin and Ethereum remain above their respective levels of $51k and $2.9k. AI-related tokens are cooling off after an impressive few weeks, as TAO and FET -8.17%  are down approximately 7% today, potentially succumbing to fear over Nvidia’s earnings. Mysten Labs has inked a partnership with Team Liquid, a prominent name in the esports industry, to offer an on-chain fan rewards program. The new rewards platform will launch on Sui in Q2 and allow fans to earn unique NFT collectibles that unlock new fan experiences. SUI -1.40%  has gained nearly 300% in the last few months as TVL has been steadily increasing.