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The SPX index is up 0.70%, key factors to watch for this upcoming week: Earnings from tech and consumer staples companies, JOLTS Job Openings Report for economic clues, Preliminary GDP numbers to gauge economic direction, Crude Oil Inventories affecting the energy sector, and Non-Farm Payrolls that could impact market sentiment. The broader cryptocurrency market is down, with Bitcoin and Ether dropping 0.30% and 0.54% respectively, in the past 24 hours.
Today’s outperformer is TRB, which surged 21.1% in the past 24 hours after recently dataSpecs Registry Frontend launched.
Tellor Tributes (TRB), launched in 2019, is a decentralized oracle network on Ethereum that allows users to access secure, verified, real-time data for DeFi applications directly through smart contracts, removing reliance on cryptocurrency exchanges for data. TRB is decentralizing its data specifications ('dataSpecs') from GitHub to an on-chain registry linked with IPFS. This enhances transparency, reduces manipulation risks, and optimizes cost. The dataSpecs guide how users and other participants interact with Tellor's decentralized oracle protocol. Recently, TRB’s dataSpecs registry frontend is now live and accessible via IPFS and users can manage and review the list of query types and their data specifications. The registry is built on the Polygon Labs and Sepolia testnet.
Check Out the Latest Prices, Charts, and Data of TRBUSDT!
Solana Labs has partnered with Shopify to incorporate its decentralized payment system, Solana Pay, into the e-commerce platform. This allows Shopify's extensive network of merchants to accept payments in the USDC stablecoin, cutting out traditional banking fees and ensuring immediate payment clearance. The integration also supports Web3 features like token-specific promotions and NFT loyalty schemes. Although Solana has experienced network issues in the past, it has been stable for six months, adding to its credibility. Additional cryptocurrencies, including Solana's own SOL and BONK tokens, are expected to join the payment options in the near future.