The Federal Reserve has injected $13.5 billion into the U.S. banking system, a move that could bolster risk assets, including cryptocurrencies. This liquidity boost comes as Coinbase expands its offerings by listing Rayls Labs (RLS) and Plasma (XPL), with trading commencing on December 1 and 2, respectively.
In other developments, Zama plans a sealed-bid Dutch auction for 10% of its token supply on January 12, utilizing homomorphic encryption. Meanwhile, Strategy, associated with MicroStrategy, acquired 130 BTC at $89,960 each. The FDIC is preparing its first stablecoin regulatory proposal under the Stablecoin Act. Additionally, prediction markets like Kalshi and Polymarket have reported record trading volumes. The crypto market is also anticipating regulatory insights from the SEC chair's speech scheduled for tomorrow.
Fed Injects $13.5B, Coinbase Lists New Tokens Amid Crypto Market Developments
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