JP Morgan Implements Programmable Payments, Poloniex Loses Over $100 Million
Nov 10, 2023
Market Update Despite U-Mich sentiment data showing higher forward inflation expectations and reduced consumer confidence, equity indices are rising sharply today. The SPY has risen 1.33%, while the QQQ has gained over 2%. Crypto markets are somewhat mixed today following the confirmation of Blackrock’s spot Ether ETF application. $ETH (-1.34%) is trading firmly above $2k, while $BTC (+1.51%) is holding the $37k level. Ethereum-adjacent tokens are seeing renewed interest from investors amid increased ETH optimism. Liquid staking tokens $RPL and $LDO have gained 37.6% and 28.1%, respectively