Author: 行政
Bitcoin price just lost $80k because US PPI hit 6% matching 2022 levels, stoking inflation fears
Make CryptoSlate preferred on Bitcoin just fell below $80,000 as a hotter-than-expected US inflation print pushed crypto and equities lower.Bitcoin price feels hot inflation impact BTC price slipped from the low $81,000 area into $79,706, with the session low marked near $79,557. The break turned $80,000 from a round-number reference into the first tactical line for intraday structure.Bitcoin price decline alongside rising US Treasury yields, oil prices, and US dollar indexThe move followed the April US Producer Price Index. Final demand PPI rose 1.4% month over month, far above the 0.5% consensus and the prior 0.7% reading.The annual rate accelerated…
DIU names Concordium official AI partner for 2026 IIHF event. Concordium launches blockchain fan ID pilot with Danish hockey. Partnership fee settled fully in Concordium CCD tokens. Danmarks Ishockey Union (DIU), the governing body for ice hockey in Denmark, has named Concordium as the Official AI Partner of the Danish National Ice Hockey Team in a partnership centered on blockchain-based digital identity and artificial intelligence infrastructure. The collaboration will officially launch during the 2026 IIHF Ice Hockey World Championship in Switzerland and will include multiple technology-focused initiatives aimed at enhancing fan engagement through AI-powered systems and on-chain identity verification. Concordium,…
At noon ET, the U.S. Mint releases its newest presidential precious metal tribute, the Warren G. Harding Presidential Silver Medal, honoring the nation’s 29th president. The Warren G. Harding Presidential Silver Medal arrives encapsulated and within a display case that is accompanied by a U.S. Mint Certificate of Authenticity Struck at the Mint’s Philadelphia facility from one ounce of .999 fine silver, the collectible continues the Presidential Silver Medal Program, which began in 2018 to honor former U.S. presidents. Harding was born on November 2, 1865, in Corsica, now Blooming Grove, Ohio. As a young man, he tried several occupations,…
Key takeaways Pi Network (PI) is currently consolidating within a descending wedge pattern on the 4-hour chart. The deployment of cross-chain contracts on the BSC and OP testnets is part of the ongoing mainnet upgrades, expanding Pi Network’s capabilities. PI extends consolidation within descending wedge pattern Pi Network (PI) is trading in the red on Wednesday, down 1%, continuing its consolidation within a descending wedge pattern on the 4-hour chart. Despite the current bearish price action, the technical outlook remains mildly bullish. PiChain Global, a key player within the Pi Network ecosystem, has recently deployed cross-chain contracts on the BSC…
Make CryptoSlate preferred on Starknet launched strkBTC on May 12, locking BTC on Bitcoin’s base layer to back an ERC-20 token that brings shielded balances into a smart contract environment at scale.The token runs in the public mode, where it behaves like any other wrapped Bitcoin asset, and shielded mode, where users can hide selected balances and transfers from outside observers.Starknet routes viewing keys to an independent third-party auditor, preserving selective disclosure when regulators or counterparties require it.A five-member federation handles BTC movement between Bitcoin and Starknet, with its roadmap pointing to greater trust minimization. Atomiq and Garden provide bridge…
Tron (TRX) price is trading above $0.35 as the latest upward move adds to recent gains. The altcoin’s higher price action and network activity show marked divergence. Can TRX continue the uptick, or are bulls set for trouble amid a sharp reversal? TRON (TRX) is among the stronger-performing altcoins on the day, posting modest gains as the token retests the key $0.35 resistance level amid a broader recovery across the crypto market. Intraday data shows TRX trading volume declining 13% to about $639 million, suggesting softer market participation despite the price uptick. The token’s ability to hold near current levels…
Make CryptoSlate preferred on A hotter-than-expected April inflation report has put Bitcoin back at the center of the Federal Reserve trade, reviving the higher-for-longer rates problem that has capped crypto markets for much of the year.The Bureau of Labor Statistics (BLS) reported on May 12 that headline CPI rose 3.8% year over year in April, above the 3.7% consensus estimate and the highest annual reading since January 2024.Core CPI, which strips out food and energy, rose 2.8% year over year and 0.4% month over month. Bond markets moved on the news, with the 2-year Treasury yield climbing 3 basis points…
Make CryptoSlate preferred on JPMorgan filed a prospectus on May 12 for the JPMorgan OnChain Liquidity-Token Money Market Fund, ticker JLTXX. The fund invests exclusively in US Treasury securities and overnight repo collateralized by Treasuries and cash, targeting a $1.00 net asset value.JPMorgan manages it to meet the eligible reserve asset requirements that stablecoin issuers may need under the GENIUS Act framework.The filing categorizes JLTXX as a regulated yield-bearing cash instrument designed to sit near the stablecoin reserve stack as a cash management tool for institutions, with neither the fund shares nor the token balances carrying a stablecoin classification.Ethereum is…
XRP Ledger has reached a record 332,230 wallets holding 10,000 or more XRP. Growth after a sharp dip earlier in the year highlights long-term holder conviction. XRP price eyes a breakout above key resistance around $1.50. The XRP cryptocurrency continues to navigate choppy waters below $1.50, largely fluctuating alongside top altcoins. Meanwhile, the XRP Ledger has hit a new milestone, with on-chain data revealing an all-time high in terms of wallets holding at least 10,000 XRP. But what does this wallet growth suggest? And could broader gains lift prices above the key resistance level? XRP Ledger wallet growth: Record high…
21Shares’ THYP product posted US$1.8 million in first-day trading volume, according to market coverage. The product tracks HYPE, the native token of the Hyperliquid trading ecosystem. 21Shares lists a 0.30% management fee and warns THYP is not a 40 Act registered ETF. 21Shares’ Hyperliquid ETF opened with US$1.8 million (AU$2.5 million) in first-day trading volume. The product, listed as THYP, is designed to track the price of HYPE, the native asset of Hyperliquid. It gives investors exposure through a brokerage-style product rather than requiring them to hold the token directly. The debut shows growing demand for altcoin-linked exchange-traded products beyond…