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📢 Gate Square Daily | May 14
1️⃣ Geopolitics: US April PPI hits a three-year high, reigniting inflation concerns as rising oil prices and Iran-related supply risks weigh on markets.
2️⃣ Macro Update: The Senate confirms Kevin Waller as the Fed's 17th Chair — he will formally take office once White House procedures are completed.
3️⃣ Market Update: BTC slips below $80,000, trading at $79,238, down 1.6% in 24 hours.
4️⃣ Crypto Regulation: The CLARITY Act heads to the Senate Banking Committee for formal review today.
5️⃣ Funding News: Crypto IPO plans hit a wall — Ledger suspends its listing plans while Consensys pushes its IPO back to fall.