BTC and the broader crypto market continued to make a dive in the red as the CPI data impact was still here.
But it's not the case for JKWON as the meme token has been skyrocketing while @stablekwon faced arrest in South Korea.
In Coin360 Daily Digest:
2/ The growing uncertainty among investors was reflected in BTC price today with a 3% decline to 20,200.
@santimentfeed pointed out a "small" interest in buying the dip as traders on CME started to price in a 28% chance of a 100 bps rate hike:
3/ ETH futures volume reached its three-month high at 61B as traders appeared to open more short positions. ETH is trading around 1,600 with a 1.5% drop.
Details in our heatmap:
5/ @compoundfinance is adding a borrowing service for institutions that will accept their BTC ETH as collateral against stablecoin loans.
7/ @celsiusnetwork is weighing a new business model to repay creditors and win back customers that requires "absolute zero trust." CEL rose over 30% at one point due to the news.
10/ @TwoSigmaVC raised 400M across its two funds to invest in companies that use data and technology for social advancement.
Announcing 400M in New Funds to Fuel Data Science and Software-Driven Innovation in Early and Growth Stage Startups
12/ @MadronaVentures raised 690M across two oversubscribed funds for technology startups based in the Pacific Northwest and beyond.
Its current investment themes include web3, applied AI & machine learning and others.
13/ @SoftBank is considering launching a new startup investment fund and putting additional money into Vision Fund 2, its main investment fund for the past few years.
14/ Other news:
Ethereum sell pressure post The Merge unlikely: @nansen_ai report:
@MuseumModernArt to sell 70M art collection, may use proceeds to buy digital art and NFTs:
@AlchemyPlatform is raising for a new venture fund:
@HuobiGlobal becomes third global exchange to sign with S.Korea's Busan city:
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this twitter thread.