Hong-Kong Continues Crypto Hub Agenda, OKX to Return $157 Million to FTX Bankruptcy Estate
Traditional markets are rallying today amid easing bank concerns and speculation that the Fed may be done raising interest rates. The ^SPX -0.13% has risen 0.25%, while the NDQ is up 0.52% at the time of writing. The Fedâs preferred inflation metric, the PCE index, will be released tomorrow morning and should fuel further speculation on whether or not any further rate hikes remain in 2023. Crypto markets are trailing equities, with BTC (-1.79%) breaking below $28k and ETH (-1.25%) hovering around $1770. Decentralized exchange Trader Joe (JOE N/A% ) has shown impressive gains in March, rising 140%. Successfully launching on Arbitrum has attracted fresh users and liquidity to the platform, significantly boosting the DEXâs daily fees and establishing itself as a major player within the Arbitrum ecosystem.
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