Coinbase Receives Approval for Crypto Futures, Binance Shutters Payments Product
Aug 16, 2023
Market Update Traditional equity indices are continuing this week's decline, with the $SPY and $QQQ both down over 0.40%. The minutes from the last FOMC meeting are to be released at 2:00 PM EST today, which should shed some light on what the Fed thinks about inflation and the likelihood of another rate hike in September. The market is currently pricing the probability of a September hike at 11.5%. $BTC (-0.43%) and $ETH (-0.42%) are declining with equities today while most altcoins are seeing much larger drawdowns. $SHIB has been one of the better performers in August, rising 14%, as the lau