Bad News Sandwich: Solana Activity Spikes (👍) The Fed Could Tank Markets (👎) ETH Could Double (👍)

TL;DR

• Excellent news: after dipping under $80 final week, Solana has rapidly regained the $100 mark, as community exercise surged within the lead as much as the Solana-based ‘Jupiter‘ token launch.

• Unhealthy information: strategists are ringing the alarm bells for ‘threat belongings’ (aka each cryptocurrency in existence), pointing to the truth that vital knowledge has but to indicate significant disinflation.

• Excellent news: British multinational financial institution Customary Chartered has projected that an Ethereum ETF will likely be accepted in Could, and push ETH’s value previous $4,000.

Full Story

You know the way your mother and father would all the time attempt to soften dangerous information by sandwiching it between two items of fine information? E.g:

“You’ll be able to watch as a lot TV as you need tonight…as a result of grandpa died.

Additionally I’m not within the temper to cook dinner, so I’ll get you a Happy Meal.”

(No, simply us?).

Okay, effectively it’s a factor — and truthfully, it really works a deal with. So effectively that we’re going to strive it out right here…

Excellent news: after dipping under $80 final week, Solana has rapidly regained the $100 mark, as community exercise surged within the lead as much as the Solana-based ‘Jupiter‘ token launch.

Unhealthy information: strategists are ringing the alarm bells for ‘threat belongings’ (aka each cryptocurrency in existence), pointing to the truth that vital knowledge has but to indicate significant disinflation.

Disinflation that the Federal Reserve must see earlier than it lowers rates of interest.

(In flip, reducing the curiosity all of us pay on our loans/traces of credit score, and giving us all more cash to spend on ‘dangerous’ issues, like crypto).

The truth is, simply yesterday the Fed introduced that they might not be reducing rates of interest this month. If disinflation doesn’t begin to present, and charges aren’t lowered as anticipated this yr — crypto goes to take successful.

Excellent news: British multinational financial institution Customary Chartered has projected that an Ethereum ETF will likely be accepted in Could, and push ETH’s value previous $4,000.

(Kinda works, proper?)