Memes Become Windfall for Miners, Binance Resumes Withdrawals

Market Update Interest rates experienced a slight increase this morning, with the US 2Y and US 10Y inching higher by 5 bps while the DXY stayed relatively stable. Major equity indices, including the SPX and QQQ, maintained their ground, remaining flat thus far today. Cryptoassets, on the other hand, faced a decline in the past 24 hours, with $BTC dropping 2% and falling below the $28k mark and $ETH decreasing by 30 basis points to just above $1850. This was seemingly driven by Binance temporarily halting BTC withdrawals twice within 12 hours, likely causing concern among some market participa