Imp data release in couple of hours:
Core PCE Price Index m/m
Forecast ~ 0.4%
Different time zone:
USA Eastern Time: 8:30 AM
USA Pacific Time: 5:30 AM
UAE Time: 1:30 PM
Turkey Time: 7:30 PM
Core PCE Price Index m/m
Forecast ~ 0.4%
Different time zone:
USA Eastern Time: 8:30 AM
USA Pacific Time: 5:30 AM
UAE Time: 1:30 PM
Turkey Time: 7:30 PM
The annual rate of core PCE price index in the United States in February was 4.6%, expected to be 4.70%, and the previous value was 4.70%.
nothing major but it’s still progress for the FED, most likely the market will be pushing for more dovish expectations with this
US Govt Sold 9,800 BTC on March 14, Intends to Sell a Further 41,500 BTC Connected to Silk Road in Four Batches Over the Course of the Year: Court Filing
This incident/activity shows that decentralized systems (DAO's) are not immune to corruption and abuse, and underscore the importance of transparency, accountability, and community participation
If the team is skilled and capable enough, they should provide clarifications that could indicate a local bottom in $ARB above $1.16. Otherwise, if they continue to be non-active with recent DAO activities and continue selling, it could lead to further price weakness and inner governance weakness of the DAO..