TL; DR
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Good news: After dipping below $80 last week, Solana has quickly regained the $100 mark as network activity soared ahead of the Solana-based ‘Jupiter’ token launch.
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Bad news: Streets are sounding the alarm bells for ‘risky assets’ (aka any cryptocurrency in existence), pointing to the fact that critical data has yet to show meaningful disinflation.
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Good news: British multinational Standard Chartered has predicted that an Ethereum ETF will be approved in May, pushing the price of ETH past $4,000.
Full story
You know how your parents always tried to soften bad news by sandwiching it between two pieces of good news? E.g.:
‘You can watch as much TV as you want tonight… because Grandpa passed away.
I don’t feel like cooking either, so I make one Nice meal.”
(No, just us?).
Okay, it’s a thing – and honestly, it works great. Very well let’s try it out here…
Good news: After dipping below $80 last week, Solana has quickly regained the $100 mark as network activity soared ahead of the Solana-based ‘Jupiter’ token launch.
Bad news: Streets are sounding the alarm bells for ‘risky assets’ (aka any cryptocurrency in existence), pointing to the fact that critical data has yet to show meaningful disinflation.
Disinflation that the Federal Reserve needs to see before it cuts rates.
(Which in turn lowers the interest we all pay on our loans/lines of credit, and gives us all more money to spend on ‘risky’ things, like crypto).
Yesterday the Fed even announced that this would happen not lower interest rates this month. If disinflation does not materialize and interest rates are not cut this year as expected – crypto is going to take a hit.
Good news: British multinational Standard Chartered has predicted that an Ethereum ETF will be approved in May, pushing the price of ETH past $4,000.
(It works, right?)