todays markets
market news
Bank of England wants digital pound advisers as it moves to CBDC design phase
China slips into deflation as consumer prices fall for the first time in more than two years
SEC files Ripple appeal in challenge to XRP securities outcome
Aptos Labs and Microsoft just signed a multiyear partnership to help drive Web3 adoption
Fantom is exploring adding optimistic rollups to connect to Ethereum
around the twitterverse…AKA X verse
Binance & SEC 👀….
twitter analytics on the up and up…
US treasuries leaviing DEFI yields in the dust…
rollbit on a roll..
energy related inflation risks perhaps…?
trade ideas
trade: short UNI/ USD
Uniswap is a decentralized exchange (DEX) that runs on the Ethereum blockchain as well as layer 2s such as Arbitrum. it allows users to swap any ERC20 tokens without intermediaries or fees. Uniswap also enables users to provide liquidity to the exchange and earn rewards.
price has been on an upward trend for nearly two months bouncing off the trendline as it climbed over 80% from bottom to top. trendline support has been lost but price is retesting it again - support is now possible resistance. a short from here to the local low ~5.73 could be a good trade. #DYOR,#NFA
website: handle.fi
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