Gate Cryptocurrency News and Market Analysis

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Pyth Network Launches Pyth Pro and Indices on Arc Platform

Pyth Network launched Pyth Pro and Indices on the Arc platform, aiming to improve data accessibility for developers and institutional users. The announcement was made via the network's official social media channels. This launch marks an advancement in Pyth's oracle services, potentially reshaping how market data is utilized in decentralized applications. Pyth Pro and Indices Product Features Pyth Pro provides real-time data feeds for various applications. The service is designed to enhance data
PYTH-3.42%
ARC-7.70%
EthanBrooks·34m ago
Pyth Network Launches Pyth Pro and Indices on Arc Platform

Fed Expected to Raise Rates 25 Basis Points as Warsh Faces First Decision

The Federal Reserve is widely expected to raise interest rates by 25 basis points when the FOMC wraps up its two-day meeting on September 16, pushing the federal funds rate to a target range of 3.75-4.00%. The move comes as inflation runs at 3.7% year-over-year in July, nearly double the central
LucasBennett·43m ago
Fed Expected to Raise Rates 25 Basis Points as Warsh Faces First Decision

Morgan Stanley Converts $10B Municipal Mutual Funds to ETFs

Morgan Stanley is converting $10 billion worth of municipal mutual funds into ETFs. Crypto commentator Eric Balchunas highlighted this strategic shift. The conversion reflects a broader trend in the financial services industry where ETFs are gaining preference over traditional mutual funds due to th
MS0.74%
LucasBennett·1h ago
Morgan Stanley Converts $10B Municipal Mutual Funds to ETFs