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Morgan
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+Chairman Powell: The Fed is likely to keep interest rates unchanged for a long time - It takes a long time to reduce service inflation - Housing inflation remains complicated. +Producer inflation PPI in April increased at the fastest pace in 12 months - If CPI at 7:30 tonight continues to rise, the Fed will definitely have to maintain high interest rates - Forecast: CPI Y/Y (Forecast = 3.4%, previous month = 3.5%) Core CPI Y/Y (Forecast = 3.6%, previous month = 3.8%) +ETF session on 14/05 expected to be vibrant with +$133M from Ark fund, while Grayscale only sold -$51M +During the Sybil accusation phase, the LayerZero bounty hunting will start from 09:00 on 18/05 - 06:59 on 01/06 +El Salvador has mined nearly 474 BTC since 2021 using volcanic geothermal energy to add to the national treasury, currently owning 5,750 BTC ~ $354M +Wisconsin state retirement fund publicly purchased $99M BlackRock ETF Bitcoin +Sonne Finance - lending platform on OP was hacked losing $20M +Coinbase adds Drift Protocol (DRIFT) to the listing roadmap +Puffer Finance chapter 4 will be launched soon with income for pufETH holders and partnerships with Trust Wallet, Scroll,... +Lens Protocol introduces Lens Network, a SocialFi network based on zkSync technology #Memecoins #ETHETFS #altcoins

+Chairman Powell: The Fed is likely to keep interest rates unchanged for a long time - It takes a long time to reduce service inflation - Housing inflation remains complicated.

+Producer inflation PPI in April increased at the fastest pace in 12 months - If CPI at 7:30 tonight continues to rise, the Fed will definitely have to maintain high interest rates - Forecast:

CPI Y/Y (Forecast = 3.4%, previous month = 3.5%)

Core CPI Y/Y (Forecast = 3.6%, previous month = 3.8%)

+ETF session on 14/05 expected to be vibrant with +$133M from Ark fund, while Grayscale only sold -$51M

+During the Sybil accusation phase, the LayerZero bounty hunting will start from 09:00 on 18/05 - 06:59 on 01/06

+El Salvador has mined nearly 474 BTC since 2021 using volcanic geothermal energy to add to the national treasury, currently owning 5,750 BTC ~ $354M

+Wisconsin state retirement fund publicly purchased $99M BlackRock ETF Bitcoin

+Sonne Finance - lending platform on OP was hacked losing $20M

+Coinbase adds Drift Protocol (DRIFT) to the listing roadmap

+Puffer Finance chapter 4 will be launched soon with income for pufETH holders and partnerships with Trust Wallet, Scroll,...

+Lens Protocol introduces Lens Network, a SocialFi network based on zkSync technology

#Memecoins #ETHETFS #altcoins

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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