Friend.Tech Drives Base Activity, Visa Experiments with Off-Chain Gas Payments
Aug 11, 2023
Market Update Equity indices are declining today on higher-than-expected PPI data for July. The $SPY and $QQQ have fallen 0.24% and 0.88%, respectively, while U.S. Treasury yields have risen across the board. Crypto markets are faring better, with $BTC (+0.17%) trading near $29.5k and $ETH (+0.12%) hovering around $1,850. Rocket Pool ($RPL) has been a strong performer over the last three trading days, rising 11.30% after Coinbase announced a strategic investment in the liquid staking provider. Looking ahead, the SEC’s second deadline on Ark’s spot Bitcoin ETF is 8/13 (Sunday), so many exp