Today kind of a big day with the conclusion of the FOMC, expectation is that they will have a mother 25bps hike. There is almost zero chance that they cut and a very low chance that it will come in at 50bps.
We are looking for any information about change and how long they hold rates here. The Feds plan has been successful up to this point, and inflation has come down over the last months. Given the strong labor market in this environment, the Fed still see's inflation rise as a threat. It will take another 6-12 months of data to get an accurate picture of the macro climate.
Degods are shining through this rough bear period, but they saw nearly a 1 eth floor price drop over the last 24hrs. @punk9059 says there may have been a farmer how was leveraged and just dumped at a bad time, combined with some rumors and off headlines.
There is a common farmer rule, "if Machi dumps, you buy".
Frank popped up on our stream after making some noise in the Youtube chat.
Have you heard of Tensor? It is getting some scrutiny for being a clone of BLUR, but Frank Degods points out that they were trying to become the pro trading platform before he had heard of BLUR.
Curious about S3 Degods? frank says they plan to make a solid calendar ogame changing events that will take place after the reveal of the new art for months to come and not just be a downward slope of post-hype disappointment.
GM!
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