Gold rose above $2,200 per ounce for the first time after the Fed maintained its forecast of three interest rate cuts this year. Fed kept the policy rate unchanged at 5.25-5.50 percent at its March meeting. The interest rate decision was taken unanimously. The expectation was that interest rates would not change. The Fed has […]
What Is VeChain (VET) Token? VeChain (VET) is a blockchain platform that aims to enhance supply chain management and business processes. It uses blockchain technology to improve transparency, traceability, and efficiency in various industries such as logistics, agriculture, luxury goods, and more. Here are some key points about VeChain (VET) token: 1. Dual Token System: […]
What Is Pepe (PEPE) Token? Pepe (PEPE) Token is a cryptocurrency token that was originally created as a digital collectible based on the popular internet meme character Pepe the Frog. Here is some detailed information about the Pepe (PEPE) Token: 1. Origin: Pepe the Frog is a cartoon character that became an internet meme and […]
What Is Optimism (OP) Token? Optimism (OP) Token is a cryptocurrency token associated with the Optimism network, which is a layer 2 scaling solution for the Ethereum blockchain. Optimism aims to improve the scalability and efficiency of Ethereum by utilizing optimistic rollups, a technology that enables faster and cheaper transactions without compromising security. Here are […]
What Is Arbitrum (ARB)? Arbitrum is a layer 2 scaling solution built on the Ethereum blockchain that aims to improve the scalability and performance of decentralized applications (dApps) by reducing transaction fees and increasing transaction speeds. It is developed by Offchain Labs and utilizes a technology called Optimistic Rollup. Here are some key features and […]
Oil prices calmed down after a two-day rise as U.S. crude stockpiles pointed to a decline and investors counted down the Fed’s interest rate decision that will shape the overall course of the market. The People’s Bank of China kept one- and five-year loan interest rates unchanged at 3.45 percent and 3.95 percent, respectively. Asian […]
The Bank of Japan (BOJ) ended the negative interest rate policy it started in 2016. BOJ increased its policy rate from the range of -0.1% to 0% to the range of 0% to 0.1%. As investors evaluate the central bank monetary policy decisions of the Bank of Japan (BOJ) and the Reserve Bank of Australia […]
What Is Cronos (CRO)? Cronos (CRO) is the native utility token of the Crypto.com Chain, a high-performing and secure public blockchain solution that aims to drive cryptocurrency adoption worldwide. The Crypto.com Chain is designed to enable seamless and cost-effective transactions between businesses and consumers, with a focus on driving mainstream adoption of cryptocurrencies. Here is […]
What Is Stellar (XLM)? Stellar (XLM) is a decentralized open-source blockchain platform that aims to facilitate cross-border payments and asset transfers. It was created in 2014 by Jed McCaleb, the co-founder of Ripple, with the goal of making financial transactions more efficient and affordable, especially for those who are underserved by traditional banking systems. Here […]
What Is OKB (OKB)? OKB (OKB) is the native utility token of OKEx, one of the world’s leading cryptocurrency exchanges. OKB is an ERC-20 token built on the Ethereum blockchain. It serves as a fundamental part of the OKEx ecosystem, providing various benefits and utilities to its users. Here is some detailed information about OKB: […]
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