Cryptocurrency Chaos Summary
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Bitcoin's price has seen a dip below 88K, attributed to nerves surrounding the Federal Open Market Committee, according to Cointelegraph. Meanwhile, cryptocurrency exchange Coinbase is planning a staggered relaunch in India, focusing on hiring for various roles and aiming for a fiat on-ramp next year, as reported by Cointelegraph.
Additionally, Ethereum co-founder Vitalik Buterin has proposed the idea of gas futures to hedge against fee spikes on the Ethereum network, reflecting ongoing discussions about managing transaction costs in the crypto space.
Overall, the crypto market continues to experience volatility and significant developments, highlighting the ongoing chaos within the cryptocurrency sector.