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NEWS FLASH: Germany's preliminary Q1 GDP grew 0.2% quarter-on-quarter and declined 0.2% year-on-year, in line with estimates. - [DB]
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[IMPORTANT: Movement’s Insider Token Dump and Controversial Market-Making Deal] Movement, the blockchain project behind the $MOVE token, is embroiled in a token-dumping scandal following a dubious market-making agreement. Secret contracts enabled an outsized entity to offload 66 million tokens immediately after the token debut, causing a steep price drop and triggering a @binance ban. Internal documents point to potential insider manipulation and opaque practices, fueling allegations of misconduct and internal infighting. (Source: coindesk)
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[Revealed: Movement’s Insider Token Dump and Controversial Market-Making Deal] Movement, the blockchain project behind the $MOVE token, is embroiled in a token-dumping scandal following a dubious market-making agreement. Secret contracts enabled an outsized entity to offload 66 million tokens immediately after the token debut, causing a steep price drop and triggering a @binance ban. Internal documents point to potential insider manipulation and opaque practices, fueling allegations of misconduct and internal infighting. (Source: coindesk)
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NEWS FLASH: China has lifted sanctions on members of the European Parliament. - [IH]
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NEWS FLASH: US crude oil inventories fell by 2.696M barrels, sharply deviating from estimates of a 0.429M barrel increase. - [DB]
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NEWS FLASH: US March data shows personal income up by 0.5% m/m, personal spending and real personal spending rising by 0.7% m/m, both exceeding expectations. - [DB]
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