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Worldcoin subsidiary expects to sell WLD tokens from treasury to 'support' network growth
Worldcoin subsidiary expects to sell WLD tokens from treasury to 'support' network growth

Worldcoin says its subsidiary World Assets may routinely sell WLD tokens to meet increasing demand for orb-verified World IDs and support network growth. The subsidiary expects to sell between 0.5 million and 1.5 million WLD tokens per week over the coming months, the project noted.

The Block·2024/04/24 10:22
HBAR Skyrockets 60% Amid BlackRock Confusion, BTC Aims at $67K (Market Watch)
HBAR Skyrockets 60% Amid BlackRock Confusion, BTC Aims at $67K (Market Watch)

Numerous meme coins have also posted double-digit price increases in the past 24 hours.

Cryptopotato·2024/04/24 10:10
Flash
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    Goldman Sachs cuts Fed's rate cut forecast for the year to 50 basis points
    On January 11, after the release of non-farm payrolls data, Goldman Sachs now expects the Federal Reserve to cut interest rates by a total of 50 basis points in the current year, compared with the previous forecast of 75 basis points.
  • 21:56
    Bitcoin falls below $93,000, down 0.64% in 24 hours
    On January 10, bitcoin fell below $93,000 and is now quoted at $92,518, down 0.64% in 24 hours, according to market information.
  • 21:55
    U.S. FDIC Vice Chairman Calls for More Openness to Cryptocurrencies
    Federal Deposit Insurance Corporation (FDIC) Vice Chairman Travis Hill said in a speech on Friday that the FDIC will be more “open” to technology and called for more guidance on digital assets. Travis Hill is said to be preparing to serve as acting chairman of the FDIC, and is currently a vice chairman who was nominated to be a Republican member of the FDIC in 2022. Travis Hill's comments come after some in the crypto industry were concerned that the FDIC had asked financial institutions to suspend crypto-related activities.Coinbase, through consulting firm History Associates Inc. sued the FDIC in June and accused the agency of trying to sever ties between the crypto industry and the banking industry. The lawsuit also asked the FDIC to issue a “cease and desist letter”. “I have spoken in the past about the destructive nature of this approach because it stifles innovation and leads the public to believe that the Federal Deposit Insurance Corporation (FDIC) is out of business if an institution is interested in anything related to blockchain or distributed ledger technology,” he said.
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