The Dogecoin Foundation has officially launched the "Official Dogecoin Reserve" through its newly established commercial entity, and has completed the purchase of the first 10 million DOGEs. The initiative is a joint initiative between the Foundation and House of Doge to demonstrate the viability of DOGE as an efficient payment tool. House of Doge said the reserve is a'proof of concept 'for the Dogecoin payment scenario. House of Doge is expected to announce the first strategic partners in the c...
CPIC Investment Management, a Hong Kong-based subsidiary of China Pacific Insurance (CPIC), has announced the launch of a US dollar money market fund (MMF) based on HashKey Chain, open to professional and institutional investors with an initial subscription of US $100 million. The fund invests in US dollar-denominated short-term fixed income assets and money market instruments. The PAC provides token issuance services, and Standard Chartered is responsible for registration and fund management.
On March 25, Atlanta Federal Reserve President Bostic said in an interview that he now expects only one interest rate cut this year. This is lower than the two rate cuts he had previously expected. Bostic said he changed his forecast because he thought inflation would be "very bumpy" this year. He also said that businesses are starting to expect inflation to rise.
Federal Reserve Bostic: I hope that the current reduction of the balance sheet will be maintained until the reduction of the balance sheet is completely stopped. To ensure that the Federal Reserve does not go too far, it is appropriate to slow the pace of balance sheet reduction.
According to mempool data, two hours ago, an independent bitcoin miner successfully packaged block 889,240 and received a reward of 3.294 BTC blocks, which is about $289,000.
On March 25, according to the TASS news agency, Russian Presidential Press Secretary Peskov said in response to media questions on the 24th that the Russian and US delegations have no plans to sign any documents after the talks held in Riyadh, the capital of Saudi Arabia that day.