Core Scientific Files for Bankruptcy and SBF to be Extradited
Dec 21, 2022
Traditional markets are finding some footing today, with the ^SPX 0.46% and NDQ both rallying over 1.70%, as many are still holding their breath for the âSanta rallyâ after consumer confidence jumped to an 8-month high. Crypto markets are lagging, with BTC trading at $16,863 (-0.21%) and ETH changing hands at $1,215 (-0.11%). BTC.D has climbed over 6% since the start of December, displaying the continued risk-averse attitude of crypto investors. A notable underperformer today is decentralized exchange, dYdX (DYDX), which is down over 10% as many investors are front-running a huge supply unlock that begins in February. After many projects received lofty FDV valuations in 2021, many are paying closer attention to total token supplies.