US Consumer Spending Growth Slows in April, Inflation Falls to Four-Year Low According to data from Jinshi Data on May 30, consumer spending in the United States began to slow in April after experiencing the strongest month of consumption since early 2023, while inflation remained mild, consistent with the economic slowdown. Compared to the same period last year, the US core PCE price index recorded an annual rate of 2.5% in April, the smallest annual increase in over four years. This data reveals the potential anxiety among many American consumers regarding the economy after the weakest consumption quarter in nearly two years. Although high tariffs on imported goods have not yet been widely reflected in rising product prices, consumer sentiment has significantly declined, and personal financial prospects are at historical lows. Another report released on Friday showed that the US goods trade deficit narrowed significantly in April due to the largest ever decline in import volumes (with goods imports falling 19.8% month-on-month, the largest recorded drop).
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$TRUMP Who's Buying Access to Trump? Raskin Demands Guest List from Trump Coin Dinner
Rep. Jamie Raskin is demanding that Donald Trump reveal who attended a private dinner reportedly reserved for those who bought into the Trump cryptocurrency. According to Raskin, 220 guests collectively spent nearly $400 million on the meme coin to secure access.
The dinner coincided with the Bitcoin 2025 Conference in Las Vegas, where top crypto figures — including Trump allies and controversial names like Ross Ulbricht — promoted the administration’s pro-crypto agenda.
Raskin’s letter to Trump calls for full transparency by June 4, citing concerns over potential violations of emoluments laws and possible foreign interference. He highlighted the case of Chinese-born crypto mogul Justin Sun, who allegedly spent $23 million in Trump coins and has faced prior SEC scrutiny.
Raskin warned the public deserves to know what these buyers received in return for “virtually worthless memecoins” — and whether foreign funds are influencing U.S. politics under the guise of crypto innovation. #Bitcoin2025 #tump #ElonMuskDOGEDeparture #TumpCrypto #TopCryptoNews $BTC $ETH
Analyst Identifies Multi-Year Triangle Pattern for Dogecoin with $3.08 Breakout Target
The pattern began forming after Dogecoin’s decline from its peak, with price action bottoming at $0.048 on June 13, 2022. Multiple attempts to break below this lower boundary occurred on June 5, August 14, and October 9 of 2023, but each effort failed to establish new lows.
DOGE cup formation supports accumulation thesis A sizable yellow-shaded area known as a “cup” that extends from mid-2021 to early 2025 is at the heart of Karimzsfeh’s study. DOGE’s all-time high of $0.73536 on May 3, 2021, is the origin of the symmetrical triangular structure, which has been in place for several years and may be approaching resolution.
The upper edge of the triangle aligns with the rim of the cup near $0.49160. This creates a critical resistance level. According to the analyst, a breakout above this point would be essential for triggering sustained upward movement.
Karimzsfeh stressed that the significant upward advance that would send Dogecoin “to the moon” could only be initiated by a verified breakout above the top of the yellow pattern, which would be in line with the rim of the cup. He suggests taking a cautious “wait and watch” stance until such confirmation takes place.
The chart identifies $3.08 as a potential target if the breakout materializes, which would represent more than a 13x increase from current levels. This ambitious target reflects the measured move potential of the multi-year consolidation pattern.
The analyst’s conservative approach acknowledges that premature breakout calls have led to disappointment, making confirmation above key resistance levels crucial for validating the bullish scenario. $DOGE
1,000 Strong! We just hit 1K followers – and I couldn’t be more grateful for every single one of you! From market insights to daily crypto gems, your support keeps this journey exciting. Here’s to growing, learning, and winning together in Web3! Drop a comment – what’s your favorite project right now? #CryptoCommunity" #BinanceSquareFamily #1KSubscribers #Web3
1,000 Strong! We just hit 1K followers – and I couldn’t be more grateful for every single one of you! From market insights to daily crypto gems, your support keeps this journey exciting. Here’s to growing, learning, and winning together in Web3! Drop a comment – what’s your favorite project right now? #CryptoCommunity" #BinanceSquareFamily #1KSubscribers #Web3
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The rise in the Fear and Greed Index to 74 (up from 73 yesterday) signals increasing greed in the cryptocurrency market.📊 Since the index ranges from 0 (extreme fear) to 100 (extreme greed), a score of 74 indicates that market sentiment is becoming more optimistic or euphoric, which often aligns with bullish trends but can also suggest potential overheating.
🏷Make sure to conduct your own research before investing. $BTC