KuCoin Settles New York State Lawsuit, Synthetix Votes to Remove Inflationary Model
Dec 12, 2023
Market Update Equity indices are showing modest gains following the November CPI report, which was largely in line with expectations except for headline MoM coming in at 0.1% vs. 0.0% expected. The SPY and QQQ are up 0.12% and 0.32%, respectively, while small caps are showing mild declines, with the IWM decreasing 0.22%. Crypto markets are mixed, with $BTC (+0.09%) relatively flat and $ETH (-1.22%) falling to $2,200. Gaming tokens are showing strength this week, with $BEAM, $BIGTIME, and $PRIME gaining 12.55%, 19.07%, and 19.12%, respectively. Additionally, DeFi Kingdoms ($JEWEL), one of the