Welcome to the Blockbytes Daily Live Show! We are live everyday at 12 PM EST.

TIMESTAMPS:
0:00 Blockbytes Live Every Day 12PM
1:38 Story Time
3:45 Market Overview (PCE, GDP, Asia Narrative)
18:58 Coinbase launches 'Base Chain'
25:36 New Charges for SBF
33:55 Opportunities Ahead Looking At The Charts

Coinbase, the second largest crypto exchange by trading volume, has launched Base, an Ethereum-focused layer-2 (L2) blockchain. What could it mean for the industry?  

FTX co-creator Sam Bankman-Fried (aka SBF) is now dealing with four new charges over the collapse of his crypto exchange. A newly unsealed indictment in a New York federal court accuses SBF of fraudulent activity through both FTX and the linked Alameda Research hedge fund. The co-founder also allegedly violated federal campaign finance laws by making secret donations to a congressional super PAC using the names of two executives.  

US economic growth in the fourth quarter was weaker than previously estimated, reflecting a downward revision to consumer spending as the Federal Reserve’s preferred inflation figures were revised higher.