dYdX Chain Moves to Beta Mainnet Phase, Fake XRP Filing Causes Quick Price Surge
Nov 14, 2023
Equity indices are soaring on the back of softer-than-expected CPI data, with both the SPY and QQQ up over 2%. YoY CPI was 3.2% vs. 3.3% expected, while MoM CPI was 0.0% vs. 0.1% expected. Additionally, YoY and MoM Core CPI came in below expectations, giving investors confidence that the Fed is likely finished with rate hikes. Crypto markets are not responding as positively to the data, with BTC (-1.33%) and ETH (-1.72%) declining on the day. Banana Gun (BANANA) has surged over 35% after processing over $16 million in trading volume and accumulating over 44 ETH in fees yesterday, giving a glimpse into the profitability Telegram trading bots can have with increased on-chain activity.