After a rough month for cryptos, more TradFi giants are breaking into the world of digital assets.. LedesmaLyllah reports.
), the native token of a decentralized exchange on the Bankman-Fried-championed Solana blockchain, sank 70%.with the U.K.’s Financial Conduct Authority. The world’s largest interdealer-broker is attempting to break into the crypto world via its Fusion Digital Assets marketplace. TP ICAP is working with Fidelity Digital Assets to offer the platform, which will match orders and execute spot crypto trades.
The more the Federal Reserve pivots away from aggressive liquidity tightening, the greater the loosening of financial conditions and the bigger the risk of the central bank missing its inflation target. Therefore, the Fed may push back against easing financial conditions, more so as investors on Wednesday focused on Chairman Jerome Powell acknowledging the slowing in the rate hikes while ignoring his core message of stubbornly higher core inflation.
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