Dopo 4.700 km Γ¨ finito il CryptoPub Tour!
Vi raccontiamo tutto questa sera insieme a tutti gli amici che abbiamo incontrato nelle scorse settimane π₯
Ore 21.15 al Pub π
BREAKING: πΊπΈ CRYPTO MARKET STRUCTURE BILL PASSED THE BANKING COMMITTEE AND NOW ADVANCES TO THE FULL US SENATE.
GIGA BULLISH FOR BITCOIN AND CRYPTOπ
π¨ TOMORROW IS THE MOST IMPORTANT DAY FOR CRYPTO IN U.S.
The U.S. Senate Banking Committee votes on the CLARITY Act tomorrow, May 14, the first comprehensive crypto regulation bill in U.S. history.
It defines which crypto assets are regulated by the SEC and which by the CFTC.
Over 100 amendments have been filed and the banking lobby is still actively trying to kill it.
One uncommitted Republican senator could block the entire thing.
BIG WARNING: US INFLATION IS GETTING OUT OF CONTROL
Just now, US PPI and core PPI data were released, and it shocked everyone.
US PPI jumped to 6%, its highest level in 3.5 years.
US Core PPI jumped to 5.3%, its highest level in 3.5 years.
Yesterday, CPI and Core CPI data were released, and both of them came in higher than expected.
This has started to look like 2021 now, when inflation started running rampant in Q4.
And guess what happened next?
The Fed stopped QE and started rate hikes and QT, which crashed both the stock and crypto markets.
This time, the Fed isn't doing QE like in 2021, so they just have one option left.
Do rate hikes, as the US-Iran situation is still escalating and energy prices are going through the roof.
This doesn't necessarily mean a crash tomorrow, but 2026 looks shaky for the global economy now.
REMINDER:
πΊπΈ Services & Manufacturing PMI drops today at 9:45 AM.
First true economic data since the US-Iran conflict started.
Brace for impact.