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U.S. equities whipsawed as the broader market waits for Friday’s job data. The market was in green at market open and started to fall as financial stocks plunged. The broader cryptocurrency fell, with Bitcoin and Ether declining by 0.96% and 0.88%, respectively in the past 24 hours as of the time of writing. The hot token today is GPT, which merges AI and blockchain and will be listed on Bybit on March 10, 2023.
GPT is the native token of CryptoGPT, a blockchain protocol aiming to merge blockchain technology with artificial intelligence. CryptoGPT is a Layer 2 ZK-Rollup, where its key feature AI-to-Earn rewards users for supplying AI data. CryptoGPT rides the wave of AI hype brought by ChatGPT; however, it has to be noted that there is no linkage between them. The mainnet is scheduled to release by the end of 2023.
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ApeX Pro is set to launch MVP Traders League, a trading competition hosted on the leading Ethereum Layer 2 DEX. Enjoy exclusive trading fee rebates and grab your share of the 100,000 USDC prize pool! Participants have to accumulate a trading volume of at least 100,000 USDC on ApeX Pro to be eligible for the 100,000 USDC prize pool. In addition, there is also a 5,000 USDC side prize pool up for grabs! So what are you waiting for? Registration closes on Mar. 24, 2023, 08:59 AM UTC! Discover tips on how to increase your ranking here!
Competition Period: Mar. 13, 2023, 12PM (noon) — Mar. 27, 2023, 11:59AM UTC
Silvergate Bank to Wind Down Operations. (Link)
CFTC chair has tripled down on his stance that Ether and stablecoins are commodities. (Link)