Barkin said that easing inflation shocks takes time and there is a risk of deep-rooted inflationary pressures. The Fed's interest rate hike last week helped to slow down inflation, but Barkin did not specify whether a rate hike was needed. Barkin pointed out that supply shocks have become a persistent price pressure affecting the economy, and the Federal Reserve is committed to reducing inflation to its target level of 2%. (Source: Golden Ten Data)

Initial testing will focus on moving digital commercial deposits across participating institutions before linking to broader digital asset ecosystems.

Peter Schiff criticized Strategy for selling Bitcoin for $62150 and buying it back for over $80000, stating that it will soon sell again at a lower price.

Last week, the number of Zcash blocked transactions reached 62400, setting a weekly record since 2022. (Source: Zcash Open Development Lab)

Bitwise Europe announced that the managed asset size of Bitwise NEAR Staking ETP has exceeded $100 million, and expresses gratitude to customers, investors, and NEAR ecosystem builders.