🔥🔥🔥 Market Brief Thursday - 15/05
+ BTC sideways at $103K, altcoins are also quiet, market sentiment index is at 70 - "greed"
+ 7:30 PM tonight: The US will announce April PPI
- PPI inflation Y/Y (Forecast = 3.1%, previous = 2.7%)
- Core PPI inflation M/M (Forecast = 3.3%, previous = 3.3%)
+ 7:40 PM tonight: FED Chairman Powell will speak
📝 Spot ETF on 14/05
+ BTC up +$319.1M, BlackRock bought in +$232.5M along with 5 other parties
+ ETH is up +$5.9M, due to Fidelity's purchase, BlackRock has no data yet
+ President Trump will not go to Turkey for Russia–Ukraine peace talks, and Mr. Putin's name is also not on the Russian delegation list
+ Token $LAUNCHCOIN makes a spectacular comeback, market cap exceeds $260M after rebranding and shifting from "influencer coin" to a platform supporting Web3 startups
+ Ethereum launches the "Trillion Dollar Security" initiative to enhance the security of the entire system, helping users and organizations feel secure in storing assets on-chain
+ US Democratic Congressman requests the Treasury Department to investigate Trump's WLFI project and the murky cash flow related to meme coins, USD1, and fundraising dinners
+ Co-founder of MetaMask stated that the team is still considering launching their own token, if there is one, it will be announced directly in the wallet
+ Kaito has stopped collaborating with market maker Web3Port just 10 days after signing the contract, committing not to sell any tokens from TGE to date
+ Metaplanet reports record profits in Q1/2025, with 88% of revenue coming from BTC and currently holding 6,796 BTC ~ $700M
+ Nebraska state passes a law requiring large Bitcoin mining operations to report electricity usage and self-upgrade infrastructure
🪂 Airdrop
+ Update Airdrop polymer Labs - Complete Chapter 3 tasks
+ Update Airdrop Privasea - Claim airdrop
+ Update RDAC - Grab an additional 900 RDAC for everyone claiming Airdrop Alpha
