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$DOGS will pump once airdrop holders sell their holdings.
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$NEIRO still has room for another big moves !
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Google Cloud Launches Ethereum-Compatible Blockchain RPC Service Google Cloud has introduced a new Blockchain Remote Procedure Call (RPC) service that is compatible with Ethereum, offering developers a more reliable way to interact with blockchain data. The service is currently available for Ethereum's mainnet and testnet, with plans to expand support to other blockchain networks within the next year. It aims to improve the performance of decentralized applications (DApps) by providing developers with up to 100 requests per second and 1 million daily requests through a free tier. This new service adheres to Ethereum's JSON-RPC standard (EIP-1474), simplifying integration with Ethereum-based applications. With a focus on enhancing reliability, especially during periods of high network traffic, Google Cloud's blockchain RPC service is expected to help developers build more scalable and stable DApps, positioning the company as a key player in the Web3 infrastructure
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Revolut Developing Stablecoin to Boost Crypto Offerings Fintech giant Revolut is reportedly developing its own stablecoin as part of its strategy to expand cryptocurrency services. Known for promoting crypto adoption through its app, Revolut is now looking to solidify its position in the crypto space by introducing a compliant, regulation-ready stablecoin. This move comes shortly after the company secured a UK banking license, further strengthening its financial services portfolio. Revolut's entry into the stablecoin market places it in competition with major players like PayPal and Circle, who are also expanding their offerings. By focusing on compliance and leveraging the evolving regulatory frameworks such as the EU's Markets in Crypto-Assets (MiCA), Revolut aims to provide a secure platform for global crypto users, enhancing its role in the growing stablecoin sector.
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Fed Cuts Interest Rates, Bitcoin Surges Above $60,000 The Federal Reserve has cut interest rates by 50 basis points, bringing the federal funds rate to a range of 4.75%-5.00%. This decision, aimed at addressing inflation concerns, sparked immediate reactions in the financial markets. Bitcoin's price surged to $60,558 shortly after the announcement, reflecting the crypto market's sensitivity to monetary policy changes. Analysts expect short-term volatility but remain optimistic about Bitcoin's long-term potential gains. U.S. stock markets also responded positively, with indices like the S&P 500 and Nasdaq Composite experiencing modest gains. However, the CBOE Volatility Index (VIX) rose by 4.4%, indicating that investors are preparing for possible market turbulence in the near future. The Fed acknowledged solid economic growth but warned that inflation remains elevated, suggesting that market uncertainty may persist.
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