PANews reported on November 21 that, according to an announcement by Animoca Brands, Open Campus and Animoca Brands have entered into a strategic partnership agreement with Nasdaq-listed company ANPA (Rich Sparkle Holdings). ANPA will purchase up to $50 million worth of EDU tokens through the market and OTC transactions over the next 24 months as part of its EduFi (education finance) market strategy. Animoca Brands will provide $3 million worth of EDU tokens to support this partnership. This strategy aims to promote the institutional application and sustainable financing of blockchain in the education sector and expand the practical use cases of EDU tokens.



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