1. U.S. April PPI annual rate reaches 6% above expectations, Federal Reserve's Collins says rate hike may be needed to ease inflation
Federal Reserve official Collins stated that the Federal Reserve may need to raise interest rates to alleviate inflationary pressure. -Original
2. Wells Fargo acquires $41.6 million BTC through MicroStrategy
Wells Fargo, a financial institution with assets of $2 trillion, acquired $41.6 million worth of Bitcoin through MicroStrategy. -Original
3. Nvidia stock hits new high, total market value reaches $5.5 trillion
At the start of the U.S. stock market, Nvidia's stock price rose by 2.85%, reporting $227.080 per share, with a total market value reaching $5.5 trillion. -Original
4. BTC falls below $79,000 mark, 5-minute decline of 0.15%
5. Strategy raises over $800 million this week, expected to acquire over 10,000 BTC
Saylor's Strategy raised over $800 million this week through STRC, expected to purchase over 10,000 Bitcoin. -Original
6. Coinbase stakes 4.5 million ETH in the first quarter, accounting for 12.17% of the total
Coinbase staked 4.5 million ETH in the first quarter, accounting for 12.17% of the total staked supply of Ethereum. -Original
7. Iran war causes global oil supply to decrease by 3.9 million barrels per day
According to the International Energy Agency (IEA) on Wednesday, due to supply disruptions caused by the Iran war, global oil supply is expected to decrease by about 3.9 million barrels per day by 2026; oil supply losses in the Middle East have exceeded 1 billion barrels. IEA noted in its monthly oil market report that the decline in supply will exceed the decline in demand, with oil demand expected to decrease by 420,000 barrels per day this year. IEA also stated that soaring oil prices will curb demand and drag down economic growth. -Original
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