Robinhood Receives Wells Notice, LayerZero Addresses Sybil Activity
U.S. equities are extending Fridayâs rally, with the SPY -0.13% and QQQ -0.17% both gaining about 0.65%. This weekâs macroeconomic data includes consumer credit tomorrow, wholesale inventories on Wednesday, and consumer sentiment on Friday. There are Fed speakers set for every day this week and itâll be interesting to monitor if they take a dovish or hawkish tone after Powellâs dovish speech last week. Crypto markets gained over the weekend, with BTC -0.67% (-1.48%) reaching a high of $65.5k early this morning before turning negative to $63.1k. Similarly, ETH -1.40% (-2.15%) eclipsed $3,200 this morning and is now trading at $3,070. As mentioned in Fridayâs market update, Friend.tech had a disappointing token launch with price and TVL dropping. FRIEND 38.01% has rallied back to $2.39, although TVL has continued to plummet, down to $11.22 million.