Crypto.com has announced the purchase of the naming rights to the iconic Staples Center to become Crypto.com Arena; home to the Lakers, Clippers and L.A. Kings.
AVAX has been outperforming the broader digital asset market throughout the recent pullback in prices. The Avalanche-Ethereum bridge is the second-largest bridge by TVL in the Ethereum ecosystem.
The Houston Rockets have partnered with NYDIG to integrate Bitcoin services. The team aims to provide educational programs and bitcoin rewards and payment options for fans.
JPMorgan Chase Strategic Investments and Tiger Global Management announced investments in blockchain-infrastructure company Blockdaemon, another sign that decentralized finance is becoming an compelling sector for financial institutions.
Major U.S. stock averages pulled back slightly on Wednesday, albeit still close to record levels.
Dow futures fell just 20 points. S&P 500 futures gained 0.05% and Nasdaq 100 futures rose 0.14%.
A dollar gauge was little changed after slipping from the highest level in more than a year.
The roughly $2 trillion tax and spending bill being spurred along by President Biden may act to push up inflation next year if passed by Congress, according to senior economists from the American Action Forum and Harvard university.
President Biden has indicated that he might unveil his appointment for Fed Chair this week. So far the president has interviewed Jerome Powell and Lael Brainard.