Uphold's Up of the Day - February 13, 2023

Welcome to Uphold’s Up of the Day. Please note, this is NOT financial advice. Will the FOMC’s reaction put an end to this crypto rally? It was a quiet weekend in the crypto markets. First, Hedera shot up following the news that Dell had joined their governance board and the network had flawlessly processed over 4 billion transactions. Secondly, our new listing of HAPI - the decentralized database to prevent hacking, is up 30% since listing. And then Lastly, this week, we have the FOMC's reaction to the latest CPI data but we don’t expect any surprises. Markets may be spooked by a more hawkish tone from the US economy’s continued growth. And further rate rises could put a damper on markets, but the technical picture has improved quite a lot in the last ten days. See you tomorrow 👋 #cryptonews #crypto #uphold #blockchain #altcoinnews #upoftheday #HAPI #Hedra