FTX Selling Two-Thirds of Anthropic Stake for $884 Million, SWIFT Announces Phase 2 Results of Tokenization Experiments
U.S. equities are rising in Tuesday trading, with the SPY and QQQ both gaining approximately 0.21%. U.S. durable goods orders rose 1.4% in February, bouncing back after dropping 6.1% in January. The DXY (+0.04%) is flat on the day but remains above $104, while rates are showing modest gains across the curve. Crypto markets are showing slight declines, with BTC (-0.22%) trading at $69.7k and ETH (-0.72%) holding above $3,550. It was revealed yesterday that the SEC will seek $2 billion in fines and penalties from Ripple Labs as part of their recent lawsuit. Ripple executive management took to Twitter, addressing the lack of precedent or merit to the SECâs requests and saying that Ripple would respond with complete trust that the courts would âapproach the remedies phase fairly.â XRP (-1.03%) has not overreacted to the news and remains above $0.63.
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MARKET UPDATE Crypto is broadly lower today as geopolitical conflict continues to weigh on risk assets, with BTC 3.16% falling to $60k and ETH 3.96% approaching the low $2,300s. Aptos (APT 1.17% ) is one of the few gainers in the top 100 tokens as they have strengthened their presence in Japan via an acquisition of HashPalette, a Japanese NFT service provider and developer of Palette Chain. AAVE 3.15% is also showing slight gains following...
CRYPTO MARKET UPDATE Crypto prices have rebounded slightly following yesterday's sharp selloff, with BTC 3.16% climbing back above $61,000 and SOL 1.65% moving above $145, while ETH 3.96% is lagging, trading around $2,400. Among today's outperformers is SUI 5.32% , which appears resilient despite a $115 million token unlock yesterday. Oil is partially retracing its early rally, gold is lower on the day, and yields are moving higher, suggesting at least a temporary reversal of...
MARKET UPDATE Markets are selling off in the first day of Q4, fueled by geopolitical fears as tensions rise in the mid-east. The SPY 0.23% and QQQ 0.83% have dropped 1.14% and 1.92%, respectively, while the VIX has surged over 17%. XAU and DXY are gaining as investors move towards safe-havens. Crypto assets have also sold off, with BTC 3.16% briefly dropping below $62k and ETH 3.96% below $2.5k. Among altcoins, SUI 5.32% is showing...
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