"PPI missed, everything is pumping" Crypto bros with zero idea what PPI means: | rektmando on Binance Square

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"PPI missed, everything is pumping"
Crypto bros with zero idea what PPI means:

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🟥 Things I’m looking at today 🟥 Coinbase user data hacked, FTX repayments coming, bond yields soar Crypto * BTC: 103.5k (+1%), ETH: 2590 (+1%), SOL: 171 (-1%) * Top Gainers: IP, EOS, BGB, HYPE, KCS * BTC ETFs: +$115mn, ETH ETFs: -$40mn * Hackers demand $20m after Coinbase data hacked * SEC probes Coinbase on inflating user numbers * FTX to begin $5b distribution on May 30 * Wisconsin Investment Board exits BTC ETF * China’s DDC Enterprise to adopt BTC reserves * China’s Addentax to buy 8k BTC * Brazil’s Meliuz buys $28.4m BTC for reserve * BTC to $1m, altcoins with products will win: Hayes * BTC has more upside potential than gold: JPM * SEC releases FAQs on broker-dealer transfer rules * BlackRock integrates BUIDL with Euler * Sonic Labs to liquidate Multichain Foundation * Nasdaq grants extension on 21Shares DOT ETF * ADA ETF approval 55% likely this year * Tether’s freeze mechanism has loophole: AMLBot * US DoJ indicts 12 for $263m crypto theft * US DoJ to charge Tornado Cash’s Roman * CoinMarketCap launches Pre-TGE project launchpad Macro & General * NASDAQ: 19.1k (0%), Gold: 3210 (0%) * Global bond yields continue to trend higher * Futures stable post 4-day S&P 500 rally * 72% of S&P 500 stocks above 50 DMA * PPI lower than expected * Powell warns of high rates for longer due to tariffs * Trade talks with US good: China * US CDS spread near 2023 highs * First time homebuyers in US at record low * Student loan delinquencies skyrocket * Trump raises $2.5T capital for US on Gulf trip * UAE to invest $1.4T in US over next 10 years * EU readies new trade proposal for the US * Dimon continues to warn of US recession * Belgium abandons phasing out nuclear power Left Curve Corner * Hot coins: USELESS, GORK, STARTUP, PECULE, XBT * Hot NFTs: Pudgys, DX Terminal, Biome Lumina * USELESS $35m, meme linked to Bonk launchpad * Infinex announces Kaito rewards program * Maplestory launches at $3b FDV * Drifter Shoots arrested at gallery * Frank DeGods sees wallet hacked, DeGods sold gm

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when you rebrand your failed startup as Internet Capital Markets to crypto bros:

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Crypto bros realising the Coinbase hacker knows how much they lost since January:

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Man @YEET might hit $100m volume since launch this week...

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🟥 Things I’m looking at today 🟥 Crypto falls, 10y back above 4.5%, Believe App pauses launches Crypto * BTC: 101.7k (-2%), ETH: 2535 (-3%), SOL: 170 (-5%) * Top Gainers: XMR, LEO, WBT, AAVE, KCS * BTC ETFs: +$320mn, ETH ETFs: +$64mn * BTC dominance rises, major L1s all fall * Buffet destroying capital in cash: Saylor * JPM settles transaction on public blockchain * Tether launches QVAC, its AI platform * USD devaluation to drive BTC: Hayes * VanEck launches Onchain Economy ETF * ETH Foundation to launch 1TS audit initiative * Mastercard to roll out new stablecoin cards * eToro stock pumps post IPO * Coinbase set to eye more M&A after Deribit * MetaMask may still launch a native token * Ukraine to collab with Binance for BTC reserve * Outgoing CFTC Commissioner to join crypto lobby * Backpack announces full integration with SUI * Brazil wants strict oversight of stablecoin transfers * BNB DEX volumes at 3-month high Macro & General * NASDAQ: 19.1k (+1%), Gold: 3163 (-1%) * US futures lower after 3 day rally, PPI today * 10-year yield went back above 4.5% * Gold falls to 1-month low * US Put/Call ratio hits Dec 2010 lows * US company earnings revisions turn positive * Fund manager sentiment indicator still very bearish * US poised to dial back GFC-era bank rules * US Credit card delinquencies highest since 2011 * India offers zero tariffs to US: Trump * Trump thinks Iran deal is very close * We’re ready to sign nuclear deal with US: Iran * Putin wont attend talks with Zelensky in Turkey Left Curve Corner * Hot coins: FAI, BOTIFY, NOBODY * Hot NFTs: Ethos Validators, Biome Lumina, Meebits * Believe App blocks new start-ups from launching * LAUNCHCOIN hits $400m then falls after news * FARTCOIN flips BTC in volume on Hyperliquid * Meteora volume pumps on the back Believe App * Lyft to use DePin tech for mapping * Binance writes research report on AI sector * KAMINO S3 airdrop set to go live * REKT Drinks teases new partnership gm

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