Dencun Upgrade Pushed to Goerli Testnet, Core Scientific Approved to Emerge from Chapter 11
Jan 17, 2024
U.S. equity indices are declining today after retail sales data spiked (0.6% MoM vs. 0.4% exp.), and the DXY (+0.18%) continues to show strength above $103. The SPY and QQQ have fallen 0.74% and 1.02%, respectively. Crypto markets are performing similarly, with BTC (-1.86%) trading around $42k and ETH (-2.30%) holding near $2,500. Render (RNDR) and Chainlink (LINK) are two of the top performers today, potentially attributable to protocol-specific catalysts. RNDR (+7.09%) has previously been linked to Apple, who is launching its VR headset in early February, while LINK (+3.22%) has announced the integration of Circleâs cross-chain transfer protocol into its own CCIP system, allowing for secure cross-chain transfers of USDC.