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Quick Take QCP Capital analysts anticipate more Chinese stimulus measures that could boost risk assets, including cryptocurrencies. China announced a range of stimulus measures on Tuesday that lifted global stock indices — but so far have failed to shake the cryptocurrency market out of its current stagnation.
Quick Take Harris said Wednesday that under her leadership, the United States will “recommit” to global leadership in the sectors that “define the next century,” specifically mentioning the word blockchain. Unlike Donald Trump, the Democratic presidential nominee has been mum about cryptocurrency on the campaign trail.
Share link:In this post: So far this month, the bankrupt FTX estate has received more than $10 million from different protocols. Coinbase’s Conor Grogan suggests FTX may still have 7 to 8-figure worth of assets in abandoned Alameda wallets. The debtors have since recovered over $16 billion for reimbursement.
Blockchain data shows Celo’s growth was boosted by key applications like Minipay and Valora, particularly in markets like Nigeria and Kenya.
- 15:42Analysis: US Inflation Cools for Three Consecutive Months, Cryptocurrency Concept Stocks Rise Against the TrendAccording to The Block, data from the U.S. Department of Labor shows that the CPI in April rose by 2.3% year-on-year, lower than the expected 2.4%, with core CPI remaining at 2.8%. The overall inflation rate hit a four-year low and has declined for three consecutive months. As a result, cryptocurrency-related stocks performed strongly: CEX stock price rose 16% in a single day to $240 Stock prices of mining companies like Marathon Digital also increased Both the S&P 500 Index and the Nasdaq Index saw gains Despite the overall cryptocurrency market dropping 3.4% on the day (with Bitcoin at $103,200), Nansen analyst Aurelie Barthere pointed out that blockchain stocks might be undergoing a "catch-up rally" as trade tensions ease and market risk appetite gradually recovers. 21Shares expert David Hernandez believes that easing inflation may influence the Federal Reserve's interest rate decision in June.
- 15:42Hyperliquid: SOL and FARTCOIN Deposits, Withdrawals, and Spot Trading Now OpenHyperliquid announced on platform X that SOL and FARTCOIN deposits, withdrawals, and spot trading are now open.
- 15:24Liquity V2 Relaunches on May 19The decentralized lending platform Liquity announced that its V2 version will relaunch on May 19, allowing users to mint BOLD stablecoins through ETH and stake LQTY to incentivize liquidity. According to previous reports from Foresight News, Liquity stated on February 12 that it was investigating potential issues affecting the V2 stability pool and constructed a protocol fix on February 21.