Shiba L2 Nears Launch, Binance.US Wins Court Approval to Acquire Voyager

Market Update Equities are recovering after selling off following Fed Chair Powell’s hawkish congressional testimony yesterday. The S&P and Nasdaq are up 0.28% and 0.66%, respectively. Powell acknowledged a recent string of strong economic data releases, which he stated could potentially lead to a higher peak interest rate than expected. He also said accelerating the pace of rate hikes was not off the table, reiterating the Fed’s data-driven approach to taming high inflation. Market expectations for future rate hikes repriced dramatically, now showing a 79% probability the Fed will increa