GoldenTree Moves Sushi Tokens, Do Kwon Arrested in Montenegro
Stock are trading slightly lower relative to yesterday’s close after the 10Y yield plunged overnight before rebounding at writing. ^SPX 0.13% and QQQ are trading at -0.2% and -0.4%, respectively. Correlations between digital asset markets and traditional markets also continue to break down since two weeks ago. BTC and ETH are trading -1.6% and -3.2%, respectively. The market-wide price decrease followed the SEC’s bulletin urging investors to exercise caution when investing in digital assets. Over the last week, MASK has appreciated by 49.3% largely due to its ARB airdrop. As alluded to yesterday, Arbitrum executed its long-anticipated airdrop, allowing it to process more than twice Ethereum’s transaction in 24 hours, rivaling that of Polygon.