MARKET:
Are we oversold and getting a relief rally? Have markets bottomed and the Fed officially pivoted? If you ask 10 experts, you’ll get 20 opinions in this confusing economic environment.
Corporate earnings have been poor for Meta, Alphabet, Amazon, and Apple sending tech stocks tumbling faster than $SHIB in a bear market. Bad news has seemingly been isolated to these stocks and crypto/S&P are holding up well for now.
Signs of QE as Japan defends its currency against the USD
Liquidations lead to a melt up in ETH price from $1300 to $1600 in two days.
NEWS:
Freeway is likely insolvent and going off the grid:
Big tech companies embracing web3 in the bear market:
MakerDAO to custody Coinbase assets:
More executive carnage in the Bear market:
Facebook’s Metaverse division feels the pain of the crypto bear market:
Interpol enters the Metaverse:
NFTs:
Reddit NFTs get traction with “Digital Collectible” nomenclature:
REGULATORY:
RUGS:
Team Finance exploited:
POD O’ THE WEEK:
Learn about the dark side of DeFi. Some consider Avraham Eisenberg a bad actor, but others say he is only exposing the risks and making DeFi better. Interesting listen.
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None of this is financial advice