Protocols and token holders should generally lobby against DATs at this point. While there are exceptions, it generally will result in months or years of overhang of a significant portion of supply that will be a constant source of anxiety

Twitter

Combined with softer than expected October data, this morning's numbers point to at least a modestly weaker jobs market as the economy heads into the end of the year.

U.S. added 64,000 jobs in November, with unemployment rate jumping to four-year high of 4.6%

Author: Azuma

Original Title: Circle's Acquisition of Axelar Sparks Controversy: Giant Only Wants People, Not Coins

--------------------------------------------------------------- Early morning of December 16th, stablecoin giant Circle officially announced the completion of an agreement to acquire the core talent and technology of Interop Labs, the initial development team of the cross-chain protocol Axelar Network, in order to advance...

Circle acquired the Axelar team but excluded the token. How should token holders respond to this value stripping?

Our orders placed on December 4th and 11th both successfully hit their profit targets.
Currently, we expect a rebound to occur, but going long here carries relatively high risk. Firstly, US stock indices are at high levels and are declining. Secondly, BTC is currently in the price range of val and hasn't reacted immediately, but we'll proceed with our plan first, only acting if it meets the criteria. The high and low points of this range have been marked, but the bears have the upper hand, so we don't want to see a rebound only after the low point of the range is breached. If the low point is breached, it would indicate that the market is extremely weak and might continue to decline. We expect to see support in the orange area...