Crypto Research
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INFLATION EASES, MARKETS RIP The collective world briefly exhaled this week as inflation showed its first signs of cooling in nearly a year. On Wednesday, CPI surprised to the downside, as energy prices showed a month-over-month (MoM) decline for the first time since April. Topline CPI was 8.5%, below the consensus forecast of 8.7%, and lower than the 9.1% figure in June. The CPI basket was unchanged MoM, as the...
FIGURE: PEPE CROSSING BRIDGES TO EXPLORE ALTERNATE LAYER 1S / LAYER 2S Although ETH remains the dominant Layer 1 for most on-chain activity, alternate Layer 1s have demonstrated product-market fit throughout the bull market run of ‘20/’21. Solana (SOL -1.04% ) emerged as the ‘high-throughput chain’ focused on complex DeFi / gaming, BNB Chain (BNB) offers easy fiat on/off-ramps through Binance CEX, while Avalanche (AVAX) and Cosmos (ATOM -3.50% ) are building application-specific blockchains...
