As long-term treasury yields rise: more banks are sitting on paper losses and it's getting more expensive to service the national debt 👆
And although BTC has also tired of its longest cryptozyme, Arthur Hayes is confident that the Fed will give up first and turn on the printing press 🤑
The SEC got (https://storage.courtlistener.com/recap/gov.uscourts.nysd.551082/gov.uscourts.nysd.551082.917.0.pdf) a denial of an appeal in the Ripple case. XRP is up only 5% because while fans of the coin are celebrating a great victory, attorneys are pointing out that a new appeal could be filed after the trial is over. So it's still going on and that ruling in favor of Ripple was preliminary 🧐
And this is interesting: the SEC is asking the court to deny Coinbase's motion to dismiss the regulator's lawsuit. What if the SEC has bad luck in court again 😁