Michael Barr, the head of the central bank's regulatory division, emphasized that the Federal Reserve is currently in the preliminary research stage and would require official legislation from Congress to formalize any action.
FET, GRT, and AGIX stand out as AI-backed cryptocurrencies that traders are closely monitoring in light of the chipmaker's Q2 earnings announcement.
CoinGecko's data indicates that both Bitcoin and Ether maintained their stability in the past 24 hours, as there were minimal fundamental catalysts driving market fluctuations.
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