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Wosh confirms appointment as Federal Reserve Chair, U.S. April PPI hits fastest growth since 2022
ME News Updates, May 14th (UTC+8), a quick overview of CoinDesk content:
Institutional Developments: BlackRock COO stated that the demand for digital assets in the capital markets is surprisingly strong; NVIDIA Foundation announced a donation of $108 million to research institutions for AI computing support.
Industry Hotspots: Appen reached a deal with Google on physical AI collaboration, with stock soaring 16%; Polymarket’s April trading volume decreased by 8.9% month-over-month, marking the first decline since August 2025; an X user successfully recovered a wallet containing 5 BTC (approximately $395k) through Claude AI.
Macro Warnings: The White House has confirmed Waller as the Federal Reserve Chair; US April PPI rose 6.0% year-over-year, the fastest growth since 2022, and US Treasury yields rose to a 10-month high after PPI release.
Market Movements: In the token gain leaderboard, OSMO (+19.07%) and BB (+18.25%) performed notably; in the crypto sector, DeFAI (+0.81%) maintained slight gains; in the US stock industry, department stores (+3.42%) showed strength. (Source: Desun)