Crypto News

Chicago Fed President Goolsbee said on Wednesday that the war on Iraq seems to be increasingly like an inflationary shock to the economy, and although the impact on employment and economic growth is not yet obvious, concerns about supply chain disruptions and continued rising prices are intensifying. "This is not a shock that causes 'stagflation,' the kind of shock that hits the job market while pushing up inflation, forcing the Fed to decide which of its policy goals is at greater risk," Goolsbee said after attending a Milken Institute conference in Los Angeles. This is just an inflationary shock. And the longer this continued, the more uneasy I felt. ”

According to ChainCatcher news, Matthew Sigel, head of digital asset research at VanEck, said that the price of Bitcoin is expected to reach $1 million in the next 5 years. It compares the Bitcoin adoption path to a video game: from an early niche group to universal popularization, especially optimistic about young investors continuing to increase their allocation. However, the forecast is still aggressive compared to the current price of about $80,000, and similar optimism in the market also comes from relevant institutions.

Odaily Planet Daily News Quantum security company Project Eleven released a report saying that the "Q-Day" of quantum computing breaking through the encryption system may appear as early as 2030, and it is more likely to occur around 2033. The report pointed out that quantum ability may explode in a "non-linear transition" rather than gradually evolve, and may occur in a situation of "no change for a long time, followed by a sudden breakthrough". In extreme cases, approximately 6.9 million Bitcoins, valued at over $560 billion, could be at risk. At present, the industry has begun to explore countermeasures including timestamp proofs and forced migration.

ChainCatcher news, on-chain data platform Glassnode shows that Bitcoin whales' net long positions on Hyperliquid have risen to a new high in 2026. The data shows that whales have continued to increase their bulls recently, continuing the long trend after the Bitcoin price breakthrough last month. Currently, the total position of whales on the platform is about $3.5 billion, and the bulls are slightly higher than the bears. Analysts believe that Hyperliquid whale movements are often regarded as market sentiment indicators; At present, the overall liquidation scale is low and mainly concentrated in short positions, reflecting a bullish market atmosphere.

Odaily Planet Daily News Musk: xAI will no longer exist as an independent company, so it will be renamed SpaceXAI.

ChainCatcher news, according to Jinshi, the Federal Reserve Goolsbee said that the Fed needs to be wary of current economic behaviors that seem to be based on future "rich returns", such as consumption driven by the wealth effect, or overheated local markets based on data center investment.

ChainCatcher news, according to Jinshi, the Federal Reserve Goolsbee said that although the labor market is stable, it is not ideal. The current growth in nonfarm payrolls is not a good indicator of idle capacity in the economy.

ChainCatcher news, according to Jinshi, the Federal Reserve's Goolsbee said that any sign that the US inflation problem continues to go in the wrong direction will require us to re-examine the correct monetary policy path.

ChainCatcher news, according to Gate market data, the Nasdaq rose to 2% in late trading.

ChainCatcher news, according to Gate market data, the Dow Jones Industrial Average returned to 50,000 points, expanding its gain to 1.42%.

Odaily Planet Daily News WorldLibertyFi's governance proposal to unlock 62.2 billion WLFI tokens has been overwhelmingly passed. Previous news: World Liberty Financial initiated a vote on token unlock governance proposals, involving 62,282,252,205 locked WLFI tokens. According to the proposal, if passed, the token in question will not enter the market for at least two years. According to the proposal, up to 45.2 billion WLFI held by the founding team, consultants and partners will be converted to 2 years of lock-up plus 3 years of linear unlocking, accompanied by the burning of up to about 4.5 billion tokens; The approximately 17 billion locked tokens held by early supporters are planned to be converted to 2 years of lock-up plus 2 years of linear unlocking. The proposal has a seven-day voting period and a quorum threshold of 1 billion WLFI.

ChainCatcher news, according to Golden Ten, the Federal Reserve's Goolsbee said that if households expect future income growth and expect wealth gains from higher productivity, then they may increase spending, thereby pushing up inflation.

ChainCatcher news, according to Jinshi, Fitch said that the risk of reducing the Fed's balance sheet is greater and it is unlikely to be achieved quickly in the short term.

Odaily Planet Daily News Senator Kirsten Gillibrand said at the Consensus conference that if the legislation on the structure of the cryptocurrency market does not contain ethics provisions, the bill will not be voted on. Gillibrand pointed out that members of Congress, senior government officials, and presidents must be prohibited from using their internal identities to profit from the crypto industry. Currently, several Democratic senators have expressed concern about the crypto ties between US President Trump and his family, with Bloomberg estimating that Trump has made at least $1.4 billion in profits from crypto ventures. The bill was previously blocked in the Senate due to the handling of stablecoin rewards, but the ethics clause has become a new obstacle. Gillibrand said it is working with the White House and bipartisan parties to ensure inclusion and promote the inclusion of consumer protection and counterterrorism financing provisions, and the bill is expected to be passed before the August recess.

Odaily Planet Daily News xAI: New computing partnership with Anthropic. xAI: SpaceXAI has signed an agreement with Anthropic to provide access to Colossus1. xAI: Anthropic plans to use this additional computing power to directly enhance the service capabilities of Claude Pro and Claude Max users. Anthropic: We have a partnership with SpaceX, which will greatly increase our computing power. (Jin Shi)

Odaily Planet Daily News There were reports that a ship was attacked by a missile in the Strait of Hormuz. (Jin Shi)

According to ChainCatcher news, according to Onchain Lens monitoring, a newly built wallet withdrew 349,999 HYPE (approximately US$15.21 million) from Coinbase in the past 24 hours and has pledged it.

Odaily Planet Daily News Consulting firm SOC Investment Group is urging the U.S. SEC to investigate SpaceX's financial situation before it goes public, and the listing may be valued at more than $2 trillion. The agency said the relationship between SpaceX and other Musk-owned businesses is worrying. According to a letter to the SEC dated May 6, the SOC asked the SEC to review the accuracy and reliability of SpaceX's financial disclosures and ensure that SpaceX's auditors maintain independence. The SOC also urged the SEC to focus on reviewing the accounting treatment of transactions between SpaceX and Musk's other companies. "We are particularly concerned that SpaceX's IPO will expose a significant number of investors to a company whose value may decline after its financial disclosures are independently reviewed and verified," the letter read. (Jin Shi)