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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), Quick Overview of CoinDesk Content:
Institutional Developments: BlackRock COO states that the demand for digital assets in capital markets is surprisingly strong; NVIDIA Foundation announces a donation of $108 million to research institutions for AI computing support.
Industry Hotspots: Appen partners with Google on physical AI collaboration, stock price surges 16%; Polymarket’s April trading volume decreases by 8.9% month-over-month, marking the first decline since August 2025; an X user successfully recovers a wallet containing 5 BTC (approximately $395k) using Claude AI.
Macro Warnings: The White House confirms Waller as Federal Reserve Chair; U.S. April PPI rises 6.0% year-over-year, the fastest growth since 2022; after the PPI release, U.S. Treasury yields rise to a 10-month high.
Market Movements: Tokens with notable gains include OSMO (+19.07%) and BB (+18.25%); in the crypto sector, DeFAI (+0.81%) maintains slight gains; in the U.S. stock industry, department stores (+3.42%) perform strongly. (Source: Desun)