Square Enix Moves into Blockchain Gaming and Core Scientific Shuts Down 37k Mining Rigs

Jan 4, 2023

Crypto prices increased last night and this morning, with BTC up 1.20% and ETH up 3.43%. The ETH/BTC ratio, which has seen volatility compress over the past couple of weeks, has moved to the upside, rising 2.65%. Prices consolidated amid JOLTs job openings coming in higher than expected (Actual: 10.458MM, Expected: 10.050MM). SPX is currently up 0.40%, and NDQ is up 0.15%. Several tokens have experienced significant short squeezes in the past few days. Since Monday, SOL 1.07%  is up 30%, NEAR 0.14%  is up 23%, and ETC is up 20%. These were among the market’s most heavily sold-off and shorted tokens the past month. Liquid staking providers, LDO and RPL, continue to be outperformers, up 17.80% and 7.78% today, respectively. 

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