Tether’s $500m Mining Investment, Aave’s Rebrand and Expansion Plans
Nov 17, 2023
Market Update Stocks are lower today but still on pace to close three straight weeks of gains. The S&P fell 0.1%, while the Nasdaq lost 0.25%. Softer-than-expected inflation data has buoyed equities, but the question is whether investors have seen enough to continue the momentum. Yields were mixed as the 2Y gained 1%, the 10Y was up 0.5%, and the 30Y fell 0.11%. The 2Y and 10Y rates briefly touched lows not seen since they began their recent climb in late September. $BTC (-1%) and $ETH (-4%) are lower, with Bitcoin trading at $35.9k. Today is the SEC's last day to approve Franklin Templeton's