Coinbase Files Motion to Dismiss SEC Lawsuit, FTX Begins Reboot Discussions

Market Update Traditional indices are mixed today following stronger than expected economic data. The $SPY and $QQQ are trading +0.26% and -0.35%, respectively. The US Dollar and US Treasury yields have rallied today as the strong economic data reinforces the higher-for-longer mantra regarding US interest rates. All eyes will be on the May PCE data release tomorrow, which should give investors a better view into the ongoing inflation fight. After dipping yesterday, crypto markets are rebounding

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