Crypto markets surge as Terraform Labs prepares to buy BTC | Trading Ideas| OKX Academy - BitcoinEthereumNews.com
The total cryptocurrency market is up nearly 4% today. बीटीसी gained around 4%, while ETH is up 2%. Meanwhile, altcoin darling एसओएल is also green, with gains of over 5%. Yesterday, the markets were spooked when United States Federal Reserve Chair Jerome Powell दे दिया hawkish remarks at the National Association for Business Economics anual conference. Following an ब्याज दर में वृद्धि of 25 basis points last week, Powell said the Fed could act more aggressively with further hikes in future meetings. Bearish outlooks on crypto markets subsided into Tuesday, however, when traders noticed 125 million USDT का तबादला from the Terraform Labs wallet to Binance. This comes after Terra founder Do Kwon कहा the company plans to incorporate BTC into its ecosystem, with a budget to buy $3 billion worth of the leading crypto asset in the short term. Few coins are red on Tuesday. Source: COIN360DeFi Digest: Fetch.ai launches $150 million development fund Fetch.ai joins MEXC Global, along with Huobi and Bybit, to बनाना a $150 million development fund for the blockchain-based AI product Fetch.ai. According to CoinDesk, the money will be used to motivate developers to build on the platform. Fetch.ai CEO Humayun Sheikh says the platform is ready “to be scaled