🇺🇸🍿 #macro
Bank of America: Our base case remains that the Fed will pause rate hikes in June and keep rates stagnant before starting to cut rates early next year.
More than 700 US banks face "significant insolvency risks" due to large losses on their balance sheets, according to the Fed report. The Fed said the rate hike was the catalyst for huge losses for US banks.
Yellen expects US regulators to be open to medium bank mergers - reuters
Republicans and Democrats Make Progress in Their Talks on Federal Spending and Raising the Debt Limit, Yellen Says - wsj
The chances of a recession have risen to the highest level in 40 years sinceaccording to the probabilistic model of the New York Fed (chart)
US government faces 'significant risk' of default in June warns Congressional Budget Office
Bank of America: Our base case remains that the Fed will pause rate hikes in June and keep rates stagnant before starting to cut rates early next year.
More than 700 US banks face "significant insolvency risks" due to large losses on their balance sheets, according to the Fed report. The Fed said the rate hike was the catalyst for huge losses for US banks.
Yellen expects US regulators to be open to medium bank mergers - reuters
Republicans and Democrats Make Progress in Their Talks on Federal Spending and Raising the Debt Limit, Yellen Says - wsj
The chances of a recession have risen to the highest level in 40 years sinceaccording to the probabilistic model of the New York Fed (chart)
US government faces 'significant risk' of default in June warns Congressional Budget Office
👀 Data: 5 tokens will be unlocked this week with a total issuance value of over 167 million USD. token.unlocks.app
👀 MicroStrategy is developing a product to help businesses deploy applications for Bitcoin rewards. twitter.com
👀 Coinbase: Users in the UK and Canada cannot sell or withdraw money to Paypal, a fix is being rolled out status.coinbase.com
👀 The crvUSD contract has been redeployed again, arbitrageurs need to update the address of the robot twitter.com
👀 The new Twitter CEO keeps an eye on Dogecoin and Shiba Inu-related social media accounts. decrypt.com
👀 Scroll Lianchuang: The first challenge is to launch the mainnet as soon as possible, and the number of participating addresses on the testnet has exceeded 4 million. mp.weixin.qq.com
👀 Data: Giant whale address starting with 0xb154 withdrew 8500 ETH from Binance again last night. twitter.com
👀 The US Securities and Exchange Commission has filed a lawsuit to change the $22 million fine against LBRY to approximately $110,000. cointelegraph.com
👀 Bloomberg: Bitcoin will become one of the three most preferred assets for investors in the event of a US default bloomberg.com
👀 The “500 BTC Purchase Image” may be the first time Bitcoin was used to purchase goods, before pizza purchase transactions. twitter.com
👀 Ubisoft will launch the "Assassin's Creed" NFT series and plans to open casting on May 16th. decrypt.com
👀 Data: BTC miner fee income has fallen for six years in a row and returned to the level of early May. oklink.com
👀 The Sui Foundation has launched the Asia Pacific Office Hours program to provide developers with guidance. mp.weixin.qq.com
👀 Court report reveals Cash App founder was chronically addicted to drugs and underground parties. wsj.com
👀 Deputy Minister of Finance of Russia: The Tax Service, the Monetary Authority and the Central Bank may be responsible for overseeing the crypto industry in Russia from.ru
👀 #FRAX Frax Governance (frxGov) is currently being audited to increase transparency. FrxGov can veto any transaction proposed by a multi-signature signer; replace a signer with a multi-signature; offer any kind of deal.
github.com
github.com