Uniswap Releases Beta Version of Android Wallet, Paolo Ardoino Promoted to Tether CEO

Equities are declining this Friday the 13th, amid University of Michigan consumer sentiment coming in lower than expected (63 act. vs 67 exp.), and 1YR and 5YR inflation expectations rising. The Nasdaq 100 is leading the decline, falling 0.72%, while the SPY has fallen 0.20%. In contrast, gold prices have risen sharply today in response to rising geopolitical fears and economic uncertainty. Despite its commodity-like features, BTC (+0.04%) has not performed in similar fashion. As discussed in yesterday’s Crypto Strategy note, the looming deadline for the SEC to appeal the ruling of Grayscale’s lawsuit is today. The SEC failing to appeal could lead to near-term clarity on spot ETF approval and provide a positive catalyst for cryptoasset prices.