In recent developments, Datagram has successfully raised $4 million in pre-seed funding to advance its sovereign Layer 1 blockchain project on the Avalanche platform. This funding round saw participation from notable investors including Animoca Brands and Cointelegraph. Meanwhile, the U.S. Securities and Exchange Commission (SEC) has received an amendment for Grayscale’s Digital Large Cap Fund to transition into an exchange-traded fund (ETF), which includes major cryptocurrencies like Bitcoin and Ethereum. Additionally, U.S. Treasury Secretary Besant has publicly criticized the Federal Reserve’s interest rate decisions made in 2022, labeling them a significant error. As discussions about finding a successor for Federal Reserve Chair Powell intensify, Besant has expressed his contentment with his current role. These developments highlight the dynamic landscape of cryptocurrency and finance, where funding initiatives, regulatory changes, and economic policies are continuously shaping the market’s future.
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