TL;DR
Excellent news: after dipping under $80 final week, Solana has shortly regained the $100 mark, as community exercise surged within the lead as much as the Solana-based βJupiterβ token launch.
Dangerous information: strategists are ringing the alarm bells for βdanger belongingsβ (aka each cryptocurrency in existence), pointing to the truth that crucial knowledge has but to indicate significant disinflation.
Excellent news: British multinational financial institution Commonplace Chartered has projected that an Ethereum ETF might be accepted in Might, and push ETHβs value previous $4,000.
Full Story
You know the way your dad and mom would at all times try to soften unhealthy information by sandwiching it between two items of excellent information? E.g:
βYou possibly can watch as a lot TV as you need tonightβ¦as a result of grandpa died.
Additionally Iβm not within the temper to prepare dinner, so Iβll get you a Comfortable Meal.β
(No, simply us?).
Okay, effectively itβs a factor β and actually, it really works a deal with. So effectively that weβre going to strive it out right hereβ¦
Excellent news: after dipping under $80 final week, Solana has shortly regained the $100 mark, as community exercise surged within the lead as much as the Solana-based βJupiterβ token launch.
Dangerous information: strategists are ringing the alarm bells for βdanger belongingsβ (aka each cryptocurrency in existence), pointing to the truth that crucial knowledge has but to indicate significant disinflation.
Disinflation that the Federal Reserve must see earlier than it lowers rates of interest.
(In flip, decreasing the curiosity all of us pay on our loans/strains of credit score, and giving us all more cash to spend on βdangerousβ issues, like crypto).
Actually, simply yesterday the Fed introduced that they’d not be decreasing rates of interest this month. If disinflation doesnβt begin to present, and charges arenβt lowered as anticipated this yr β crypto goes to take a success.
Excellent news: British multinational financial institution Commonplace Chartered has projected that an Ethereum ETF might be accepted in Might, and push ETHβs value previous $4,000.
(Kinda works, proper?)
.gif?format=1500w&w=1920&resize=1920,1708&ssl=1&description=Bad%20News%20Sandwich%3A%20Solana%20Activity%20Spikes%20%28%F0%9F%91%8D%29%20The%20Fed%20Could%20Tank%20Markets%20%28%F0%9F%91%8E%29%20ETH%20Could%20Double%20%28%F0%9F%91%8D%29%20%7C%20Web3%20Daily){kind=link}