Why Ethereum Underperformed Altcoins Today

It's been a busy day in the world of news, with plenty of headlines to catch up on. Let's take a look at some of the biggest stories from today.

• Liverpool expands partnership with NFT fantasy sports startup Sorare: The partnership will allow Sorare to create digital trading cards for Liverpool players, which can be used in fantasy football games.
• The Fiver | They’re good enough; they’re also Scotland: The Fiver is a daily email newsletter from the Guardian that covers football (soccer) news from around the world. In this edition, they write about the Scotland national team.
• Over 260 of the most promising startups of 2022 in edtech, fintech, crypto, proptech and more, according to VCs: This is a list of startups that VCs think are worth investing in.
• Coinbase Tested Group To Speculate on Crypto: Coinbase, a major US-based cryptocurrency exchange, reportedly tested a group to see if they would be interested in speculating on cryptocurrency prices.
• Jamie Dimon Slams Crypto Tokens as 'Decentralized Ponzi Schemes': JPMorgan Chase CEO Jamie Dimon has criticized crypto tokens as "decentralized Ponzi schemes."
• JPMorgan CEO Jamie Dimon slammed crypto as dangerous: In an interview, Dimon said that crypto is "dangerous" and that he would fire any employee who traded it.
• US stocks drop for a 3rd day as Treasury yields spike and recession fears grow after Fed rate hike: US stocks have been dropping for the past three days as Treasury yields have been rising and there are concerns that a recession may happen after the Federal Reserve raised interest rates.
• JPMorgan Chase CEO Calls Crypto Tokens Like Bitcoin 'Decentralized Ponzi Schemes': JPMorgan Chase CEO Jamie Dimon has called crypto tokens like Bitcoin "decentralized Ponzi schemes."
• 5 Overhyped Stocks on Wall Street to Avoid Right Now: This article outlines five stocks that are currently overhyped and that investors should avoid.
• Videogamedunkey (Yes, That Dunkey) Is Starting an Indie Publishing Company Called Bigmode: Videogamedunkey, a popular YouTuber, is starting an indie publishing company called Bigmode.
• Expanding access to the future of work with crypto payouts: This article discusses how crypto payouts can expand access to the future of work.
• Alex Jones Managed to Shill Products and Ask For Crypto Donations While Testifying In Court: Alex Jones, the conspiracy theory theorist, managed to shill products and ask for crypto donations while testifying in court.
• Cambodian authorities crack down on cyber slavery amid international pressure: Cambodian authorities are cracking down on cyber slavery amid international pressure.
• Dubai's crypto regulator grants Binance a license to offer domestic bank accounts, an asset exchange, payments and custody services, and more (Camomile Shumba/CoinDesk): Dubai's crypto regulator has granted Binance a license to offer domestic bank accounts, an asset exchange, payments and custody services, and more.
• South Korea details more "abnormal" foreign exchange transactions, most related to crypto, bringing the total to $7.2B since June; 72% went to Hong Kong (Kyungji Cho/Bloomberg): South Korea has detailed more "abnormal" foreign exchange transactions, most of which are related to crypto, bringing the total to $7.2 billion since June.
• Immunefi, which helps crypto services create bug bounty programs, raised a $24M Series A led by Framework Ventures (Yogita Khatri/The Block): Immunefi, which helps crypto services create bug bounty programs, raised a $24 million Series A led by Framework Ventures.
• Sources: seeking to increase profits, Coinbase hired Wall Street traders and explored using its own cash to trade crypto in 2021, including a $100M transaction (Gregory Zuckerman/Wall Street Journal): According to sources, Coinbase hired Wall Street traders and explored using its own cash to trade crypto in 2021 in order to increase profits.
• Iran’s protesters have had enough after Mahsa Amini’s death: Iran's protesters have had enough after Mahsa Amini's death.
• The Bear Market Comes for Crypto CEOs: The bear market has come for crypto CEOs.
• Now That Ethereum's Merge Happened, What's Next?: Now that Ethereum's merge has happened, what's next?
• Transcript: Former CFTC Chair on How to Regulate Stablecoins Without Passing Any New Laws: In this transcript, former CFTC Chair Gary Gensler discusses how to regulate stablecoins without passing any new laws.
• Former CFTC Chair on How to Regulate Stablecoins Without Passing Any New Laws: In this article, former CFTC Chair Gary Gensler discusses how to regulate stablecoins without passing any new laws.
• The SPAC King Folds, Ending the