🚨What happened in Crypto in the last 12h?
• The upcoming FOMC meeting is on June 12. Markets currently see a 5% chance of a rate cut.
• zkSync has announced that the pre-game starts tomorrow. Follow #TheZKNation for updates.
• $ADA - Cardano Node 9.0 will launch in June, preparing for the Chang hard fork.
• $DEAI - This week, Zero1 Labs will propose a community vote to extend vesting schedules and delay token release.
• $KLAY $FNSA - Klaytn and Finschia's integrated mainnet 'Kaia' v1.0.0 testnet will be released on June 13.
• $GEL - Enterprise Chain Summit by Gelato and Google Cloud is on June 13.
• $LEVER - LeverFi's OmniZK testnet is planned for release this week.
• $LRC - Loopring hacked for >$5M. Team is working with SlowMist and others to investigate.
• $METIS - Metis has announced the next phase of the Metis Decentralized Sequencer Upgrade. Voting on LST Governance begins June 10.
• $PSTAKE - pSTAKE will launch a liquid staking solution for Bitcoin this week.
• Planning to announce something on June 11. $FLOKI $BICO
"#Bitcoin 💰 is a game of musical chairs. When the music stops, only those who hold their own BTC in cold storage will have a seat." -#BTCforFreedom
⚡️ Calendar of key events for this week:
Monday 10 June:
🇨🇳PRC, Hong Kong - Dragon Boat Festival - No bidding
Tuesday 11 June:
- nothing important
Wednesday 12 June:
🇨🇳China - CPI consumer inflation (May) - 04:30
❗️ USA - Consumer Inflation CPI (May) - 15:30
❗️ USA - Fed rate decision - 21:00
❗️ USA - Conference with J. Powell - 21:30
Thursday 13 June:
🇺🇸USA - PPI inflation (May) - 15:30
🇺🇸USA - Initial Jobless Claims - 15:30
🇺🇸USA - Fed balance sheet - 23:30
Friday 14 June:
- nothing important
#Bitcoin 💰 balance on exchanges just hit all-time low.
Supply shock incoming 🚀
It took 220 years for the U.S. to accumulate 11 trillion dollars in debt. This is the same amount of debt that the U.S. just added since 2020. Mind blowing 🤯
