Gemini Earn Customers Seek Class Action Arbitration, Sushi to Close Lending and Launchpad Products
Jan 3, 2023
Equity indices are negative in the first trading session of the new year, with the ^SPX down 0.72% and the QQQ 0.47% down 1.07% after US Manufacturing PMI hit its lowest level since the Covid lockdowns. Other macro events to watch this week include the latest FOMC meeting minutes released tomorrow, as well as the ISM Services PMI report on Friday. Crypto is fairing better than equities, although still negative, with BTC down 0.14% and ETH down 0.47%. Liquid staking derivatives (LSD) are a bright spot for crypto, as many are betting on LSDs to be one of the hot sectors in 2023. Lido DAO (LDO) is up 32% over the last three days, and Rocket Pool (RPL) is up over 10% over the same period.