MARKET:
The most bullish news of the week came during a Jerome Powell speech (yes, the markets were actually green when he was talking for a change)! JPow surprised the markets when he announced 75 bps rate hikes were not being considered by the Fed. Hereβs a good thread that discusses interest rates and macro crypto asset accumulation:
NEWS:
Binance invests $500mm in Twitter equity
IMF Report declares DeFi is more cost-efficient than TradFi
Breaking: Warren Buffet still hates Bitcoin (but took a 10% stake in Activision, a gaming company working on blockchain)
NFTs:
REGULATORY:
RUGS:
POD Oβ THE WEEK:
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