EY and Polygon Prepare to Release Nightshade and China Moves Forward with Metaverse Plans
Crypto had a volatile morning, with prices dropping sharply after the DOJ announced they were making a statement regarding crypto. Fears were relieved when the announcement was the DOJ taking enforcement action against Russian exchange Bitzlato and didn’t have to do with any material regulation in the U.S. Prices began to recover, with BTC currently down 1.27% and ETH down 1.63%. December PPI was released today and came in softer than expected at +0.1% (+0.3% November), signaling that inflation continues to fall. Most altcoins have lagged behind Bitcoin and Ethereum today, but there have been a few standouts. Particularly SHIB, which has risen 10.02% after the announcement of its Shibarium Layer 2. Liquid staking providers LDO and RPL have continued to outperform, leading into Ethereum’s Shanghai upgrade, rising 2.3% and 4.76%, respectively.