Crypto Daily Briefing

1. US April PPI rate hits a new multi-year high;

2. US Senate confirms Warmuth as Federal Reserve Chairman;

3. Warmuth will officially assume office after completing the White House signing process; Powell is expected to remain as a Fed Governor;

4. Eugene: Stopped out of SOL position due to weakening BTC trend, temporarily stepping aside to observe;

5. Coinbase CEO: CLARITY Act is closer than ever to passage;

6. Consensys, valued at approximately $7 billion, delays its IPO plans until at least this fall;

7. Nick Timiraos: US House committee reviews bill proposing to eliminate the Fed's dual mandate;

8. Polymarket's monthly trading volume declines for the first time since last August, dropping to $10.2 billion in April;

9. David Sacks: Review of the CLARITY Act is a key step for the US to become the "Global Crypto Capital";

10. Ledger postpones its US IPO plans, considering private fundraising instead;

11. Aave CEO Stani: The Clarity Act will provide key legal protections for DeFi developers in the US;

12. Coinbase staked 4.5 million ETH in Q1, accounting for 12.17% of the total Ethereum network;

13. CZ: Prefers investing in AI computing infrastructure over AI itself.