Solana Integrates with ChatGPT, Core Scientific Close to Final Restructuring Plan
Markets are falling today as investors begin to get concerned about a debt ceiling resolution. Equity indices continue yesterdayâs sharp selloff, with the $SPY and $QQQ falling by over 0.85%. In crypto markets, $BTC (-3.39%) is testing the low $26,000s, while $ETH (-3.34%) has dropped below $1800. Cross-chain bridge Multichain was experiencing issues this morning where users complained of stuck transactions. Multichain claims the issues are a result of an ongoing upgrade and that all funds are safe, while some on twitter have speculated there are deeper issues related to the team being arrested in China. The rumors, combined with $2.7 million worth of team tokens being transferred to Gate has many investors scared. $MULTI has dropped 26% so far in todayâs trading.
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U.S. equity indices are showing modest gains today following weekly jobless claims coming in higher than expected, showing 231k versus 212k estimated, putting downward pressure on the $DXY (-0.21%) and rates. The $SPY has gained 0.36%, approaching the $520 mark, while the $QQQ has risen 0.14% to the $440. Crypto assets are showing larger gains, with BTC -0.42% (+1.57%) rising above $62k and ETH 0.24% (+1.05%) surpassing $3,000. The Render Networkâs mobile app, OctaneX, was featured in Appleâs keynote presentation earlier...
The crypto market declined overnight, with BTC -0.42% dropping from $63k to $61k, SOL 0.47% from $150 to $145, and ETH 0.24% dipping below the $3k mark once again. The likely cause of the drawdown was upward pressure on the DXY 0.00% and a lack of follow-through in flows. Among the few outperformers of the day were RUNE 5.27% , the native token of the cross-chain swapping protocol Thorchain, and Ethereum Classic (ETC -1.13% ), possibly driven by...
Rates are broadly lower again on Tuesday, with the US 10Y nearing 4.4%, down from 4.7% just under a week ago. Risk assets are on the rise, with both the $SPX and $QQQ showing gains today. Crypto performance is mixed so far, with BTC -0.42% retesting the $63k level after US market open, following a rally to just over $64k in the early morning hours. Meanwhile, ETH 0.24% is still hovering just...
U.S. equities are extending Fridayâs rally, with the $SPY and $QQQ both gaining about 0.65%. This weekâs macroeconomic data includes consumer credit tomorrow, wholesale inventories on Wednesday, and consumer sentiment on Friday. There are Fed speakers set for every day this week and itâll be interesting to monitor if they take a dovish or hawkish tone after Powellâs dovish speech last week. Crypto markets gained over the weekend, with BTC -0.42% ...
