WuBlockchain Weekly：AI+Crypto progresses、BRC-20 booms、Coinbase International exchange and Top10 News
Top10 News 1. Central Bank’s weekly summary a. Fed raises interest rates by 25 bps as scheduled link Fed raises interest rate by 25 bps. The U.S. will also release the April unemployment rate this week. CME shows that the probability of the next FOMC raising interest rates by 25 bps on June 14 is 68%, and the probability of stopping the rate hike is 31%. b. European Central Bank slows pace of rate increases link On May 4, the European Central Bank raised interest rates by 25 basis points, in line with market expectations. The decision marked the ECB’s seventh consecutive rate hike and put its policy rate at a nearly 15-year high, the highest since October 2008. Investors expect the ECB to keep raising rates in the coming months, even as they expect the US Fed to cut rates. 2. US banking industry’s weekly summary a. Regulators seize First Republic Bank, sell assets to JPMorgan link On May 1, United States regulators said First Republic Bank has been seized and a deal agreed to sell...