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On May 13, The Wall Street Journal reported on Tuesday, citing informed sources, that Google is in discussions with Elon Musk's SpaceX regarding a rocket launch agreement, as the search engine giant aims to send an orbital data center into space. The report also indicated that Google is exploring potential agreements with other rocket launch companies. This collaboration with Google would mark Musk's second reconciliation with an AI competitor he has publicly criticized, while SpaceX's highly anticipated and crucial initial public offering is approaching. Last week, Anthropic agreed to utilize the full computing power of SpaceX's Colossus 1 facility in Memphis and expressed interest in collaborating with the rocket company to develop a gigawatt-scale orbital data center.

[Google in Talks with SpaceX for Rocket Launch to Send Orbital Data Center to Space]On May 13, The Wall Street Journal reported on Tuesday, citing informed sources, that Google is in discussions with Elon Musk's SpaceX regarding a rocket launch agreement, as the search engine giant aims to send an orbital data center into space. The report also indicated that Google is exploring potential agreements with other rocket launch companies. This collaboration with Google would mark Musk's second reconciliation with an AI competitor he has publicly criticized, while SpaceX's highly anticipated and crucial initial public offering is approaching. Last week, Anthropic agreed to utilize the full computing power of SpaceX's Colossus 1 facility in Memphis and expressed interest in collaborating with the rocket company to develop a gigawatt-scale orbital data center.

Google in Talks with SpaceX for Rocket Launch to Send Orbital Data Center to Space

On May 13, the U.S. Senate confirmed the nomination of Waller as a member of the Federal Reserve Board. (Jin Shi)

[U.S. Senate Confirms Fed Chair Nominee Waller as Federal Reserve Board Member]On May 13, the U.S. Senate confirmed the nomination of Waller as a member of the Federal Reserve Board. (Jin Shi)

U.S. Senate Confirms Fed Chair Nominee Waller as Federal Reserve Board Member

AL fluctuated by 55.94% within 24 hours, current price $0.00499

【AL fluctuated over 50% in 24 hours!】AL fluctuated by 55.94% within 24 hours, current price $0.00499

AL fluctuated over 50% in 24 hours!

SKYAI fluctuated by 68.06% within 24 hours, current price $0.584772

【SKYAI fluctuated over 50% in 24 hours!】SKYAI fluctuated by 68.06% within 24 hours, current price $0.584772

SKYAI fluctuated over 50% in 24 hours!

On May 13, the U.S. Senate secured enough votes to confirm Walsh as a member of the Federal Reserve Board, with a term of fourteen years starting from February 1, 2026. Voting is still ongoing.

[U.S. Senate Secures Enough Votes to Confirm Walsh as Federal Reserve Board Member]On May 13, the U.S. Senate secured enough votes to confirm Walsh as a member of the Federal Reserve Board, with a term of fourteen years starting from February 1, 2026. Voting is still ongoing.

U.S. Senate Secures Enough Votes to Confirm Walsh as Federal Reserve Board Member

HTX data monitoring shows that BTC has fallen below 80,000 USDT, currently reported at 79,949 USDT, with a 24H decline of 2.06%.

【BTC falls below 80000 USDT】HTX data monitoring shows that BTC has fallen below 80,000 USDT, currently reported at 79,949 USDT, with a 24H decline of 2.06%.

BTC falls below 80000 USDT

On May 13, the U.S. Energy Information Administration's Short-Term Energy Outlook report projected that the WTI crude oil price for 2026 will be $85.68 per barrel, down from a previous estimate of $87.41 per barrel. The forecast for the WTI crude oil price in 2027 is $74.39 per barrel, revised from an earlier expectation of $72.43 per barrel. The projected price for Brent crude in 2026 is $94.85 per barrel, down from a prior estimate of $96.00 per barrel. For 2027, the Brent price is expected to be $79.39 per barrel, revised from a previous forecast of $76.09 per barrel.

[U.S. Energy Information Administration Lowers Oil Price Forecasts for 2023]On May 13, the U.S. Energy Information Administration's Short-Term Energy Outlook report projected that the WTI crude oil price for 2026 will be $85.68 per barrel, down from a previous estimate of $87.41 per barrel. The forecast for the WTI crude oil price in 2027 is $74.39 per barrel, revised from an earlier expectation of $72.43 per barrel. The projected price for Brent crude in 2026 is $94.85 per barrel, down from a prior estimate of $96.00 per barrel. For 2027, the Brent price is expected to be $79.39 per barrel, revised from a previous forecast of $76.09 per barrel.

U.S. Energy Information Administration Lowers Oil Price Forecasts for 2023

SNS fluctuated by 78.0% within 24 hours, current price $0.000178

【SNS fluctuated over 50% in 24 hours!】SNS fluctuated by 78.0% within 24 hours, current price $0.000178

SNS fluctuated over 50% in 24 hours!

On May 13, the EIA's Short-Term Energy Outlook report projected the WTI crude oil price for 2026 to be $85.68 per barrel, down from the previous expectation of $87.41 per barrel. The forecast for the WTI crude oil price in 2027 is $74.39 per barrel, revised from an earlier expectation of $72.43 per barrel. The expected price for Brent crude in 2026 is $94.85 per barrel, down from the prior forecast of $96.00 per barrel. For 2027, the Brent price is expected to be $79.39 per barrel, revised from $76.09 per barrel.

[EIA Lowers Oil Price Forecasts for 2023]On May 13, the EIA's Short-Term Energy Outlook report projected the WTI crude oil price for 2026 to be $85.68 per barrel, down from the previous expectation of $87.41 per barrel. The forecast for the WTI crude oil price in 2027 is $74.39 per barrel, revised from an earlier expectation of $72.43 per barrel. The expected price for Brent crude in 2026 is $94.85 per barrel, down from the prior forecast of $96.00 per barrel. For 2027, the Brent price is expected to be $79.39 per barrel, revised from $76.09 per barrel.

EIA Lowers Oil Price Forecasts for 2023

According to Cointelegraph, layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy's banking and insurance markets.
The Algorand-supported platform is expected to be launched in early 2023. According to Algorand’s Dec. 13 announcement, this is the first time an EU Member State will use blockchain technology for bank and insurance guarantees.
A bank guarantee is when a lending institution promises to cover a loss if a borrower defaults on a loan. It's an alternative to providing a security bond or a deposit to a supplier or vendor. An insurance guarantee is similar but is offered by an insurance company rather than a bank.
Algorand said that blockchain technology was ideally suited for the "Digital Sureties" platform because of its fast, efficient, low-cost, and scalable data transactions, and its ability to provide protection against fraud.

Detail

【Algorand to support bank and insurance guarantees platform in Italy】According to Cointelegraph, layer-1 blockchain platform Algorand has been chosen as the public blockchain to support an “innovative digital guarantees platform” to be used in Italy's banking and insurance markets.
The Algorand-supported platform is expected to be launched in early 2023. According to Algorand’s Dec. 13 announcement, this is the first time an EU Member State will use blockchain technology for bank and insurance guarantees.
A bank guarantee is when a lending institution promises to cover a loss if a borrower defaults on a loan. It's an alternative to providing a security bond or a deposit to a supplier or vendor. An insurance guarantee is similar but is offered by an insurance company rather than a bank.
Algorand said that blockchain technology was ideally suited for the "Digital Sureties" platform because of its fast, efficient, low-cost, and scalable data transactions, and its ability to provide protection against fraud.

Algorand to support bank and insurance guarantees platform in Italy

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Algorand to support bank and insurance guarantees platform in Italy

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