MARKET:
Inflation and the dollar continue to fall and investors have been moving money to risk assets allowing somewhat of a recovery rally. Retail sales were far lower month over month so monetary tightening is taking a toll. Earnings are likely going to disappoint and we’ll see if the markets have priced this in yet or whether there’s more downside.
Government also can’t pay their bills so what to do…
NEWS:
It’s been a really bad start to 2023 for DCG:
The disgraced founders of Three Arrows Capital are raising another round for an Exchange. The irony:
Amazon partners with Avalanche:
DCG considering selling venture investments to repay creditors:
Half a billion venture fund raise:
REGULATORY:
Bitzlado, a Russian cryptocurrency exchange, taken down by the DoJ:
RUGS:
Mycellium liquidity drained on Arbitrum:
POD O’ THE WEEK:
How should you think about the next 100X crypto investment?
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None of this is financial advice