todays markets
market news
crypto firms raised over $359 million in fresh funding rounds this week. Among the big draws: Web3 venture capital firm CoinFund, pulled in $158 million from institutional investors, family offices and high net worth individuals.
Google Cloud is plotting more Web3-focused products to make its computing offerings the first choice for industry firms and developers. This follows the recent introduction of a startup program aimed at supporting players within the Web3 segment.
the French Central Bank has determined that its wholesale central bank digital currency (wCBDC) would improve cross-border payments, settlement finality and security for a vast range of financial assets after conducting numerous tests using technologies that power crypto, it announced on Friday.
around the twitterverse…
trade ideas
trade: long BTC/ USD
BTC remains constrained in this tight range. if you wanted to be patient you could wait for it to test the bottom of the range and enter a long there. if you prefer a more aggressive entry you could enter here and play it to the top of the range. obviously the risk/ reward is greater for the patient play but you may never get a trigger. either way range play trading is all that is being presented by BTC at the moment.
website: handle.fi
twitter: twitter.com/handle_fi
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