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    Galaxis Announces $1 Million Grants and Token Launch on Bybit

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    Daily Bits
    May 7, 2024
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    Daily Top Performer — Ethena (ENA)

    The SPX index is up 1.03%, the rise was fueled by optimism due to soft labor data and the anticipation of potential interest rate cuts by the Federal Reserve, reinforced by comments from New York Fed President John Williams and Richmond Fed President Thomas Barkin on future monetary policy adjustments. The broader cryptocurrency market is down, with Bitcoin and Ether dropping by 1.08% and 1.93%, respectively in the past 24 hours.

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