DeFi Kingdoms
$JEWEL
2 Results
KuCoin Settles New York State Lawsuit, Synthetix Votes to Remove Inflationary Model
Equity indices are showing modest gains following the November CPI report, which was largely in line with expectations except for headline MoM coming in at 0.1% vs. 0.0% expected. The SPY and QQQ are up 0.12% and 0.32%, respectively, while small caps are showing mild declines, with the IWM decreasing 0.22%. Crypto markets are mixed, with BTC -2.55% (+0.09%) relatively flat and ETH -1.28% (-1.22%) falling to $2,200. Gaming tokens are showing...
WEEKLY RECAP The global crypto market continues to exhibit a range-bound choppiness, waxing and waning on the latest headlines. We saw ETH -1.28% and BTC -2.55% start the week above the $43k level after benefitting immensely from Russian sanctions and the narratives surrounding them. Since then, markets have retreated as commodity prices skyrocket – oil hit $130 per barrel, wheat prices reached a 14-year high, and a metal exchange had to roll...