✅ Major U.S. equity indices closed the day lower after disappointing CPI numbers, while BTC went up to $70k after touching $67.5k 📈
Day summary:
🔸 SEC issues Wells notice against Uniswap over securities laws issues (UNI down 12.4% after this news)
🔸 12.1% of tokens deployed on Base are outright scams
🔸 CPI comes hotter than expected with year-over-year inflation at 3.5% 📊
🔸 State Street says the Fed will cut rates by 50 basis points by June and 150 basis points by the end of 2024
🔸 The Ethereum restaking protocols EigenLayer and EigenDA are officially launched on the Ethereum mainnet
🔸 Former Ethereum advisor Steven Nerayoff sues the US government. He is seeking nearly $10 billion in damages ⚖️