Big events in the cryptocurrency world today!
Today's CPI data will be released, which may determine the market trend. You must not miss these cryptocurrency news!
1. Traders are reducing their bets on the Fed's September rate cut, and Fed Chairman Powell also said that he does not think the next move is to raise interest rates.
2. Grayscale GBTC funds had a net outflow of $51 million on May 14. In terms of Meme coins, the market value of the coin of the same name GME has exceeded $100 million. A trader bought $30,000 of GME on the Solana chain, which is now worth $571,300.
3. There is also a whale address that exchanged all 206 million MEW for 55.8 million GME. After Roaring Kitty tweeted, a user bought GME in less than 10 minutes, and the current floating profit has reached 18 times!
4. In addition, there are a series of news in the cryptocurrency circle, including the Drift Protocol $DRIFT being added to Coinbase's roadmap, ArcBlock's AI engine update, Arweave launching a game launcher, Deutsche Bank participating in the MAS project, Celo DAO proposing to launch a Kenyan shilling stablecoin, etc.
The cryptocurrency circle is very lively, with various news emerging in an endless stream.
The CPI data will be released soon, and the market trend may change as a result. What do you think of these cryptocurrency events? Come to the comment section to share your thoughts!
