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Bitcoin ETFs have experienced a remarkable week of consistent inflows, with BlackRock's IBIT leading the charge. However, a bearish sentiment in the futures market suggests caution as investors eye potential pullbacks.
Share link:In this post: Shein and Temu have sharply raised prices for U.S. shoppers in response to the new Trump-era tariffs on Chinese goods. Some products on Shein have surged by up to 377%, while Temu has doubled prices on select items to offset potential tariff costs. Reports suggest this is just the first wave, with other major retailers expected to follow suit as the tariff regime fully kicks in.
Share link:In this post: The Euro rally sparked speculation for EURC, Circle’s alternative currency stablecoin. EURC volumes increased in April, as the supply expanded to over 211M tokens. EURC is expanding its volumes on DEX, with new liquidity pools added to Solana markets Orca and Meteora.
- 18:44Data: The probability of the Federal Reserve maintaining the current interest rate is 97.7%According to CME "FedWatch": The probability of the Federal Reserve maintaining the current interest rate is 97.3%, while the probability of a 25 basis point rate cut is 2.3%. The probability of the Federal Reserve maintaining the current interest rate until June is 71.6%, with a cumulative probability of a 25 basis point rate cut at 27.8% and a cumulative probability of a 50 basis point rate cut at 0.6%.
- 18:01ETH falls below $1800, down 1.06% intradayPANews May 8th news, the market shows that ETH has just fallen below $1800, currently reported at $1798.48 per coin, down 1.06% for the day.
- 17:22U.S. Treasury Secretary Besent Refuses to Disclose Which Countries the U.S. Might Reach Trade Agreements With This WeekU.S. Treasury Secretary Besent refused to disclose which countries the U.S. might reach trade agreements with this week, stating that doing so would harm U.S. interests.