With ether passing the $500B market cap milestone and a look at inflation in the wake of legendary investor Stanley Druckenmiller's warning, CoinDesk’s Market Daily is back with the latest news roundup.
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Today's stories:
Two-Day-Old Cryptocurrency Surges to $45 Billion Market Value
Inflation Likely Accelerated in April as Economy Strengthened
US Tariffs Drive Drop in Chinese Imports - WSJ
SoftBank reports record net profit for a Japanese company of $46bn
Billionaires Peter Thiel and Alan Howard back new $10bn crypto exchange
Rare CryptoPunk NFTs Fetch Almost $17M at Christie's Auction
David Morris: Druckenmiller's Inflation Warning Good for Crypto
Investment Research Firm Says Coinbase Stock Could Fall to $100
Altcoin Season's Outer Limits: Ether Outpacing Bitcoin Further Than in 2017
Stablecoins Like USDC See Growing Demand In Latin America
David Morris: Druckenmiller's Inflation Warning Good for Crypto