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APT has decreased by over 3.2% in the past 24 hours performing worse than bitcoin (BTC) and ether (ETH), per CoinDesk market data.

“Most of these, essentially, will be the same, and it will come down to marketing, communicating the message,” Wood said.

An experimental version of the Bitcoin-focused AI chatbot was released on Thursday by Chaincode Labs, which says its new “ChatBTC” is less likely to give incorrect answers about the original cryptocurrency, or to “hallucinate” like the more popular (and generalist) ChatGPT.

The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH.

Markets are already expecting the Fed to refrain from more rate hikes this year and have begun pricing in rate cuts in 2024.

Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers about its holdup even as prominent lawmakers clamor for the Treasury Department to finish the job.

The launch of PayPal stablecoin (PYUSD) doesn’t impact Tether in any way, its CTO Paolo Ardoino told The Block.

House Financial Services Committee Chair Patrick T. McHenry, R-N.C., underscored the need to pass his legislation to regulate stablecoins.