Stock and treasury note futures fall after CPI comes hotter than expected: year-over-year inflation is 3.5% while 3.4% was the expected value 📊
State Street, which manages $3.6 trillion in assets says the Federal Reserve will cut rates by 50 basis points by June and 150 basis points by the end of 2024 (after today's CPI data, this prediction looks less likely) 💸
The Ethereum restaking protocols EigenLayer and EigenDA are officially launched on the Ethereum mainnet. As the first AVS to go online, EigenDA provides data storage services ⛓
Former Ethereum advisor Steven Nerayoff sues the US government. He is seeking nearly $10 billion in damages in a lawsuit, alleging federal agents “maliciously” pursued him during a roughly four-year legal battle ⚖️
🔹 Last 24 hours top 3 gainers:
Nervos Network - $0.036 (↑14.97%)
Bittensor - $608.82 (↑6.06%)
Ethena - $1.31 (↑8.67%)
