Aptos

$APT

$0.0009

-0.04

Markets are reacting favorably to signs of cooling inflation. This morning, the Commerce Department announced spending by US households decreased by 0.2% MoM, with PCE (Fed's current preferred gauge of inflation) rising 5% in December (vs. 5.5% in November). December Core PCE rose 4.4% (vs. 4.7% in November), growing at its slowest pace since October '21. $SPX and $NDAQ are trading 0.3% and 0.7% higher, while $QQQ is 0.8% higher...

After a bit of a correction last night, crypto markets remain largely flat on the day. $BTC is down 0.29% and $ETH is down 0.72%. Traditional markets have pulled back a bit as well, with SPX down 1.34% and NDQ down 1.88%. An interesting development we've seen over the past couple of weeks is a 12.4% pullback in the ETH/BTC ratio. This could potentially be due to investors positioning into...

Traditional markets opened higher than the pre-markets before pulling back slightly at the time of writing. $SPX and $NDAQ are trading at ~0.3% lower than yesterday's close, while $DXY is consolidating at the 102 area of support. Digital asset markets have decoupled on the lower time frames, with $BTC and $ETH trading at $19.1k (+5.6%) and $1.41k (+1.9%) levels, respectively. Despite the excitement around the upcoming Shanghai upgrade and liquid...

Crypto and traditional markets had a choppy morning before continuing their move higher ahead of tomorrow's CPI release. Holders of risk assets such as crypto are hoping for a soft CPI print to signal inflation easing. $BTC and $ETH are currently up 0.21% and 0.17%, respectively, while SPX and NDQ are up 0.83% and 1.17%. Many altcoins that experienced aggressive short squeezes earlier this week have pulled back at the...

After retracing significant gains at the close yesterday, traditional indices are roughly flat on the day, while US Treasury yields are turning higher. Many are looking forward to Thursday’s CPI report release, which will have large implications on the Fed’s interest rate decisions on February 1st. Crypto markets are continuing their constructive week, with $BTC and $ETH rising 0.72% and 0.67%, respectively. The total crypto market cap is up for...

FIGURE: PEPE SIMPSON REMINDING HIMSELF THAT FDV IS NO LONGER A MEME In light of recent events, it’s safe to assume that crypto winter has come to an end and that we have officially entered crypto’s ice age. SBF et al not only defrauded investors of Alameda Research and customers of FTX, their actions also destroyed ~600m in TVL from the Solana ecosystem.  FIGURE: SOLANA PROJECTS BY TVL Source: DeFiLlama,...