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HTX data monitoring shows that TRX has broken through 0.35 USDT, currently reported at 0.3501 USDT, with a 24H increase of 0.65%.

【TRX breaks through 0.35 USDT】HTX data monitoring shows that TRX has broken through 0.35 USDT, currently reported at 0.3501 USDT, with a 24H increase of 0.65%.

TRX breaks through 0.35 USDT

On May 13, Arm (ARM.O) and its major shareholder SoftBank Group approached the leading AI chip company Cerebras Systems a few weeks before its IPO, expressing interest in an acquisition. According to sources familiar with the matter, Cerebras Systems rejected the proposal. Cerebras plans to price its IPO on Wednesday, with a company valuation potentially reaching around $34 billion. Previous reports indicated that the company informed potential investors that the IPO pricing is expected to be above the upper limit of its offering range, with the final market value likely to adjust based on the actual number of shares issued. Cerebras is poised to become the largest IPO of the year to date, having previously hinted that it might set the IPO price above the $150 to $160 range if market demand is strong.

[Arm and SoftBank Proposed Acquisition of Cerebras Before IPO but Were Rejected]On May 13, Arm (ARM.O) and its major shareholder SoftBank Group approached the leading AI chip company Cerebras Systems a few weeks before its IPO, expressing interest in an acquisition. According to sources familiar with the matter, Cerebras Systems rejected the proposal. Cerebras plans to price its IPO on Wednesday, with a company valuation potentially reaching around $34 billion. Previous reports indicated that the company informed potential investors that the IPO pricing is expected to be above the upper limit of its offering range, with the final market value likely to adjust based on the actual number of shares issued. Cerebras is poised to become the largest IPO of the year to date, having previously hinted that it might set the IPO price above the $150 to $160 range if market demand is strong.

Arm and SoftBank Proposed Acquisition of Cerebras Before IPO but Were Rejected

On May 13, Federal Reserve's Collins stated on Wednesday that she expects interest rates to remain stable for an extended period and believes that in certain scenarios, further tightening of policy may be necessary to ensure inflation returns to the 2% target. She noted that traditional monetary policy often 'overlooks' sudden supply shocks, such as rising oil prices. However, considering that inflation has been above the target level for over five years, she believes that patience in suppressing price increases is currently waning. Collins indicated that the current tight monetary policy 'may need to persist for some time.' She remarked, 'The shocks have slightly increased the downside risks to economic activity, while the upside risks to inflation have further increased.' At the same time, she mentioned that if inflation subsides, the Fed may still continue to cut rates later this year. Collins added, however, that if conflicts persist and lead to further price increases, 'I can envision a scenario where tightening policy is necessary to ensure inflation returns to 2% in a reasonable timeframe.'

[Fed's Collins: Patience with Rising Inflation is Dwindling, Rates May Need to Stay High Longer]On May 13, Federal Reserve's Collins stated on Wednesday that she expects interest rates to remain stable for an extended period and believes that in certain scenarios, further tightening of policy may be necessary to ensure inflation returns to the 2% target. She noted that traditional monetary policy often 'overlooks' sudden supply shocks, such as rising oil prices. However, considering that inflation has been above the target level for over five years, she believes that patience in suppressing price increases is currently waning. Collins indicated that the current tight monetary policy 'may need to persist for some time.' She remarked, 'The shocks have slightly increased the downside risks to economic activity, while the upside risks to inflation have further increased.' At the same time, she mentioned that if inflation subsides, the Fed may still continue to cut rates later this year. Collins added, however, that if conflicts persist and lead to further price increases, 'I can envision a scenario where tightening policy is necessary to ensure inflation returns to 2% in a reasonable timeframe.'

Fed's Collins: Patience with Rising Inflation is Dwindling, Rates May Need to Stay High Longer

On May 13, according to the Federal Reserve's annual survey, the vast majority of Americans are still worried about high prices in 2025, while anxiety about the job market is also on the rise. In the context of near-stagnant job growth last year, 42% of adults expressed varying degrees of concern about 'finding or keeping a job,' up from 37% in 2024. Meanwhile, about nine out of ten respondents reported concerns about rising prices. The survey was conducted in October of last year, before the outbreak of the war in Iran, yet affordability issues for 2025 are already widespread and are expected to become a significant topic in the upcoming midterm elections. (Jinshi)

[Federal Reserve Survey: Americans Highly Concerned About Price Increases by 2025]On May 13, according to the Federal Reserve's annual survey, the vast majority of Americans are still worried about high prices in 2025, while anxiety about the job market is also on the rise. In the context of near-stagnant job growth last year, 42% of adults expressed varying degrees of concern about 'finding or keeping a job,' up from 37% in 2024. Meanwhile, about nine out of ten respondents reported concerns about rising prices. The survey was conducted in October of last year, before the outbreak of the war in Iran, yet affordability issues for 2025 are already widespread and are expected to become a significant topic in the upcoming midterm elections. (Jinshi)

Federal Reserve Survey: Americans Highly Concerned About Price Increases by 2025

HTX data monitoring shows that DOGE has broken through 0.11 USDT, currently reported at 0.1101 USDT, with a 24H increase of 1.20%.

【DOGE breaks through 0.11 USDT】HTX data monitoring shows that DOGE has broken through 0.11 USDT, currently reported at 0.1101 USDT, with a 24H increase of 1.20%.

DOGE breaks through 0.11 USDT

bill Hits New High of 0.174227 USDT, Up -3.06% in 24H

【bill soared to 0.22572 USDT, a new high with a 24-hour increase of -3.06%. It currently trades at 0.174227 USDT on HTX.】bill Hits New High of 0.174227 USDT, Up -3.06% in 24H

bill soared to 0.22572 USDT, a new high with a 24-hour increase of -3.06%. It currently trades at 0.174227 USDT on HTX.

twt Hits New High of 0.5138 USDT, Up -2.19% in 24H

【twt soared to 0.5362 USDT, a new high with a 24-hour increase of -2.19%. It currently trades at 0.5138 USDT on HTX.】twt Hits New High of 0.5138 USDT, Up -2.19% in 24H

twt soared to 0.5362 USDT, a new high with a 24-hour increase of -2.19%. It currently trades at 0.5138 USDT on HTX.

HTX data monitoring shows that BTC has dropped below 79,000 USDT, currently reported at 78,994 USDT, with a 24H decline of 1.70%.

【BTC falls below 79000 USDT】HTX data monitoring shows that BTC has dropped below 79,000 USDT, currently reported at 78,994 USDT, with a 24H decline of 1.70%.

BTC falls below 79000 USDT

On May 13, according to sources cited by Coindesk, cryptocurrency wallet provider Ledger has postponed its plans to go public in the U.S. due to unfavorable market conditions.

[Ledger Pauses IPO Plans Due to Crypto Bear Market]On May 13, according to sources cited by Coindesk, cryptocurrency wallet provider Ledger has postponed its plans to go public in the U.S. due to unfavorable market conditions.

Ledger Pauses IPO Plans Due to Crypto Bear Market

According to The Block, Unstoppable Domains, a firm building out digital identity markers as non-fungible tokens (NFTs), announced Wednesday that it raised $65 million in Series A funding. Pantera Capital led the funding round, with additional investments from Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko and others. Unstoppable Domains, which now has a $1 billion valuation, intends to use the funds to reduce friction of crypto payments between applications and build out infrastructure for a loyalty reward program within the crypto ecosystem based on a user’s reputation.

Detail

【Unstoppable Domains raises $65 million in Series A funding led by Pantera Capital】According to The Block, Unstoppable Domains, a firm building out digital identity markers as non-fungible tokens (NFTs), announced Wednesday that it raised $65 million in Series A funding. Pantera Capital led the funding round, with additional investments from Mayfield, Gaingels, Alchemy Ventures, Redbeard Ventures, Spartan Group, OKG Investments, Polygon, CoinDCX, CoinGecko and others. Unstoppable Domains, which now has a $1 billion valuation, intends to use the funds to reduce friction of crypto payments between applications and build out infrastructure for a loyalty reward program within the crypto ecosystem based on a user’s reputation.

Unstoppable Domains raises $65 million in Series A funding led by Pantera Capital

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Article

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Unstoppable Domains raises $65 million in Series A funding led by Pantera Capital

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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