Hot CPI Shocks Markets: BTC Slides as Fed Rate Cut Hopes Fade
April CPI ran 3.8% YoY and 0.6% MoM — both above consensus — pushing the Fed Funds corridor to stay pinned at 350-375bps through year-end and dragging risk assets lower across the board.
Market-moving crypto headlines from the last 24 hours.
April CPI ran 3.8% YoY and 0.6% MoM — both above consensus — pushing the Fed Funds corridor to stay pinned at 350-375bps through year-end and dragging risk assets lower across the board.
U.S. inflation climbed to 3.8% year-over-year in April, coming in above consensus forecasts and reigniting fears that…
The headline loss is brutal, but the real read is structural: miners are unprofitable below ~$88K cost and the industry is already moving compute to AI/HPC — CleanSpark is just naming the pivot out…
The Depository Trust & Clearing Corporation — the rail that processed $4.7 quadrillion in securities transactions last year — is wiring Chainlink's data layer into a tokenized collateral platform…
The Maelstrom CIO is positioning for maximum risk, naming HYPE, ZEC, and NEAR as his top altcoin picks, and framing the rally as a credit-driven AI-inflation trade with a geopolitical tailwind.
The token-specific setup is the strongest in months — but Bitcoin still captures 82% of weekly flows, and the May 12 CPI print will decide whether XRP's demand data gets to translate into price.
The 63% bitcoin cut is the headline, but the real signal is the dollar pivot: $70M parked in US reserves for a payments deal while revenue slid 36.8% and net loss nearly tripled.
AFL-CIO, SEIU, and teachers' unions warn the bill would let crypto volatility flow into retirement accounts and public pensions — and the floor vote is Thursday.
The pause is not a liquidation — it's a rejection of the financing arbitrage that powered the MicroStrategy treasury model, and the Standard Chartered viability threshold sits squarely behind it.
The ratio at 0.02835 sits well below its 200-week moving average of 0.04828 — a structural marker, not a single-day wobble, and the signal investors keep reading as bitcoin-defensive positioning.
The text pairs a ban on passive stablecoin yield with preserved DeFi developer protections and a statutory lane for banks to custody and settle digital assets — the political path now hinges on the…
The capital is flowing back: $65M of spot SOL ETF inflows over May 4–11 mark the strongest stretch in months, while Alpenglow's 150ms finality pitch lands just as the bid returns.
It's the first real bid in months, and the analyst framing — 'quiet accumulation' — is the more important read than the headline number.
The FBI's San Francisco office unsealed charges against three men accused of posing as delivery workers, kidnapping crypto holders, and forcing transfers at gunpoint — a rare federal case tying…
Capital is small next to Sharplink's 873K ETH stack, but the structure — a public-markets vehicle farming active DeFi yield without selling its core ETH — is the template that matters.
The bill draws a hard SEC-CFTC jurisdictional line and forces payment stablecoin issuers into short-duration Treasuries — a tightening that reshapes the competitive map for Tether, Circle, and every…
Reserve income fell 11% quarter-over-quarter as rates cooled, but the ARC token sale gives Circle a non-rate cushion just as the consensus EBITDA beat of $151M was already doing the heavy lifting.
The AI firm won't recognize any transfer of its private shares — including through SPVs or tokenized pre-IPO offerings — as crypto venues race to repackage restricted equity for retail traders.
The American Bankers Association is mobilising every bank CEO in the country against a Thursday Senate markup, framing interest-bearing stablecoins as a deposit-flight risk the bill fails to plug.
If approved, it would be the first spot ETF tied to a privacy coin — and lands just as the SEC quietly closed its long-running review of the sector without enforcement action.