todays markets
market news
🔮stock futures are little changed as wall street shifts focus back to path of interest rates.
🏦coinbase launches crypto lending platform for for institutional investors in the United States.
🧾FASB insist companies use “fair-value” accounting to report their crypto holdings.
🫰cathie wood's ark invest, 21shares apply for first spot ethereum ETF.
🧑⚖️genesis hits parent company DCG with $600 million lawsuits..wot!!
🎮PUBG developers unveil cosmos-based settlus blockchain for USDC settlements.
around the X verse… (formerly the twitterverse)
bring on the institutions (…again)🏦…
and maybe some retail too ???🧑🤝🧑…
add a few gamers to the mix🎮…
trade ideas
trade: short DXY/ USD
DXY has been showing considerable strength the last few months and price looks to be headed to the top of the range at ~105.6. price has been contained in this range for the majority of 2023 with the lows being around ~101.
if you want to trade the range then you could wait for price to return to the upper bound before initiating a SHORT. target for this trade would be the bottom of the range around ~101.
#NFA #DYOR
website: handle.fi
twitter: twitter.com/handle_fi
discord: discord.com/invite/nbSdYCDGhh