OpenTrade Launches On-Chain Treasuries, Su Zhu Apprehended in Singapore
Sep 29, 2023
Equity indices are relatively flat in the last trading session of the third quarter, with the QQQ (+0.04%) faring slightly better than the SPY (-0.11%). U.S. Treasury yields are retreating after August PCE data showed softer than expected readings for MoM headline and core PCE. ETH (+1.07%) is leading crypto markets, trading at $1,670, as the first Ether Futures ETFs are set to begin trading early next week, while BTC (-0.67%) is lagging, trading just below $27k. The Arbitrum ecosystem has seen increased interest this week as the Arbitrum DAO approved a 50m ARB -0.06% budget for its short-term incentive program. Arbitrum altcoins such as GMX and GRAIL have risen 13.44% and 34.94% this week in anticipation of potential grant approvals.