Crypto is feeling jittery as hotter-than-expected US inflation sends traders back to rate-hike bets, but altcoins are carving out their own pockets of heat. Bargain hunters and headline chasers are moving fast today, so buckle up!
🔥 Hot US inflation data has the market on edge. Traders are now pricing in the possibility of a Fed rate hike, and risk assets took a 🔴↓ hit as sellers piled in. Around 218 million in long positions got liquidated in just four hours.
🚀 Celestia flagged delayed transfers, but trading kept running normally, and the bulls pounced. TIA is one of the day's biggest winners, as traders read the calm response as a sign the network is holding up under pressure.
🛡️ Aptos rolled out an Encrypted Mempool to curb frontrunning and sandwich attacks. APT got a 🟢↑ boost as users cheered a fairer trading experience.
📈 NEAR Protocol jumped 16% on a weekend trading surge, but the rally cooled off fast. Sometimes the hype train runs out of steam quicker than you'd expect.
🏦 Kraken parent Payward is moving to buy a European bank to expand into deposits and lending. TradFi and crypto keep blurring together.
🤖 Anthropic is reportedly gearing up for a massive IPO, with financial disclosures drawing market scrutiny. Could this create a new class of millionaires?
🏛️ Qivalis picked up a Dutch e-money license for a MiCA-compliant euro stablecoin, a big step for euro-based digital money.
Top movers after news:
🟢↑ TIA +13.43%
🟢↑ APT +12.86%
🔴↓ NEAR -8.30%
Is a hot CPI print the start of a rate-hike cycle, or just a bump in the road? 🤔
Can encrypted mempools like Aptos' become the new standard for fair trading? 👀
Would you chase fast movers like TIA or wait for the dust to settle? 💬
Follow me for tomorrow's digest 🔔