Binance and Mastercard Team Up in Brazil, Celsius was Running a Ponzi Scheme
The SPY -1.22% (+0.70%) and QQQ -1.84% (+0.82%) are rallying today following the latest Employment Cost Index (ECI) release, which showed continuing deceleration of wage growth, reducing the risk of a wage-price spiral that could keep inflation persistently higher. Crypto markets are following suit, with BTC rising 1.30% and ETH rising 1.65%, recouping some of yesterdayâs losses. Yesterday, the Financial Times reported that Twitter has begun applying for various regulatory licenses across the US that would allow the social media platform to enable in-app payments, which could be an early step in turning Twitter into an âeverything app.â Elon Musk said that the payments software would initially be designed to support fiat payments but built in a way that could support crypto functionality down the line. Following the report, DOGE quickly surged before retracing the move. Today DOGE is outperforming, rising 7.69% at the time of writing.