JP Morgan Implements Programmable Payments, Poloniex Loses Over $100 Million
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 Blackrockâs 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, over the last seven days, and layer-2 tokens OP -1.72% and ARB -0.07% have both gained over 10% this week.
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