PANews reported on October 28th that MetaMask announced on the X platform the launch of multi-chain accounts, increasing user asset loading speeds by 30 times. Originally designed solely as an Ethereum wallet, MetaMask now offers native support for Ethereum's Layer 2 network and other EVM-compatible networks; Snap plugins extend wallet functionality and allow for connection to non-EVM networks. Thanks to architectural improvements, MetaMask now natively supports non-EVM networks like Solana, with support for Bitcoin-like networks expected soon.


Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more
