[Federal Reserve's Logan: No Signs of Core Services Inflation Approaching 2%]
Federal Reserve's Logan stated that there are no signs yet of core services inflation (excluding housing) moving toward the 2% target.
Long term holders are currently selling about 45000 ETH per day, the highest level since February 2021. If this trend continues, ETH prices may approach the technical target of $2500. (Cointelegraph)
Michael Saylor denied reports of MicroStrategy selling 47000 BTC and stated that the company will continue to increase its current holdings of 640000 BTC, even in the midst of a flash crash. (Cointelegraph)