This week is set to be big for both cryptocurrency and the stock market, with many macro events occurring. With several Federal Reserve speakers this week, investors are cautious about what developments may bring, and Thursday’s December CPI has estimates of 0.1%, which would bring annual inflation to the mid-6% range. Digital Currency Group, headed by Barry Silbert, has come under active investigation by the SEC and DOJ for loans and money transfers, and reports suggest that the company is in the process of transferring assets from its Genesis subsidiary. An open letter has been issued requesting the parties to publicly work together before January 8, 2023, with unknown consequences if nothing comes of it.
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