๐ฎ๐ #ETH Arthur Hayes thinks Ethereum could rise as high as $5,000 this year, marking a new all-time high. decrypt
๐ #BTC CQ: Bitcoin demand growth is cooling off. 30-day growth has hit 229K BTC, close to the 279K peak from Dec 2024. Whale balances are up 2.8% MoM, a rate that often slows before tops.
๐บ๐ธ๐จ๐ณ Trump: China has violated its agreement with the US #tradewars
๐ฐ๐ฟ๐ค #JUP #SOL #RWA Jupiter signed a memorandum of understanding with Solana Foundation and Kazakhstan's AIX Stock Exchange to promote a dual listing mechanism for enterprises.
The mechanism will allow companies to issue tokenized shares on the Solana network simultaneously with traditional IPOs.
The mechanism will allow companies to issue tokenized shares on the Solana network simultaneously with traditional IPOs.
๐บ๐ธ๐ #macro US. PCE Price index (Apr):
- m/m: 0.1% (prog 0.1%; pre 0.0%)
- y/y: 2.1% (prog 2.2%; pre 2.3%)
Core PCE (y/y): 2.5% (prog 2.6%; pre 2.6%)
- m/m: 0.1% (prog 0.1%; pre 0.0%)
- y/y: 2.1% (prog 2.2%; pre 2.3%)
Core PCE (y/y): 2.5% (prog 2.6%; pre 2.6%)
๐ณ #ETH Some of the biggest whales on the network added over 1 million ETH to their holdings in the last 48 hours.
๐บ๐ธ๐ #macro US - Chicago PMI (May) = 40.5 (expected 45.1 / previously 44.6)
๐บ๐ธ #macro U.S. (May; Prev):
- Michigan Consumer Sentiment: 52.2 (pre: 52.2);
- 1-year consumer inflation expectations: +6.6% (pre: +6.5%);
- 5-year consumer inflation expectations: +4.2% (pre: +4.4%)
- Michigan Consumer Sentiment: 52.2 (pre: 52.2);
- 1-year consumer inflation expectations: +6.6% (pre: +6.5%);
- 5-year consumer inflation expectations: +4.2% (pre: +4.4%)
๐ค #ETH Recent Ethereum upgrades haven't resulted in increased network activity, JPMorgan said. coindesk
๐ต๏ธ A newly created wallet withdrew 4,150 #ETH ($10.72M) from Kraken 50 mins ago.
๐บ๐ธ๐จ๐ณ Representative of the Chinese Embassy in the United States: China and the U.S. have been in communication on their economic and trade concerns.
China calls on the US to end discriminatory restrictions and jointly uphold the consensus reached in the talks. #tradewars
China calls on the US to end discriminatory restrictions and jointly uphold the consensus reached in the talks. #tradewars
๐๐ CQ: The upward cycle shows no signs of ending. With profit taking so low, a transition to a down cycle is unlikely. The upward cycle for #BTC is likely to continue.
๐จ๐ณ๐ฅ๐บ๐ธ US plans to expand sanctions against Chinese tech. #tradewars