Odaily News In April, the U.S. CPI inflation rate fell for three consecutive months to 2.3%, further moving toward the Fed's 2% target. But Barclays economists wrote that the April data may be a recent low for the time being. "We expect the May CPI report to show initial signs of tariff-related price pressures. The high-frequency data we track indicates that there is potential price pressure in a wide range of core commodity categories such as apparel, home furnishings, new cars and 'other' goods." (Jinshi)

Odaily News Plasma announced on the X platform that it has reached the $500 million deposit limit, with more than 1,100 participating wallets and an average deposit amount of approximately $35,000.

Odaily News Greeks.live released a community briefing, which pointed out that the current market sentiment is mixed and slightly bearish. The resistance level of BTC has come to around $106,000. The market is particularly worried about high downside risks and potential volatility spillover effects in traditional markets, which will affect the trend of cryptocurrencies.

Odaily News According to @ai_9684xtpa’s monitoring, in order to stake 10.17 million USDC to Plasma, a user spent 39.15 ETH of Gas to become the first staking address as he wished. However, the number one address only spent $7.16 in Gas fees to deposit 50 million USDC.

Odaily News At the opening of the US stock market, the Dow Jones Industrial Average rose 0.02%, the S&P 500 rose 0.12%, and the Nasdaq rose 0.22%. Tesla (TSLA.O) opened down 3%. The company was downgraded by multiple investment banks and fell nearly 15% last week; Circle (CRCL.K), the first stablecoin stock, continued its rise last week, rising more than 22%. (Jinshi)

Odaily News The initial pledge of Plasma, a stablecoin network backed by Bitfinex and Tether, ended in 2 minutes at 9 o'clock tonight. The XPL subscription amount will be allocated according to the deposit amount and pledge time. Among them, the whale/institution 0x790...41023 pledged 50 million USDC, and the pledge share of a single address accounted for 20%.