Deutsche Bank raises Intel's target price to $100

Nasdaq listed Solana Ecological Treasury company SOL Strategies announced the appointment of Jon Matonis as Chairman of the Board. Jon Matonis is one of the founding directors of the Bitcoin Foundation, who has long advocated for financial privacy and has decades of industry experience.

Since hitting a high of $82800 on May 6th, Bitcoin has experienced a pullback of approximately 2.5%, and market analysis suggests that its upward structure remains intact. Swissblock pointed out that Bitcoin has re entered the price expansion range, with the 21 week EMA surpassing the 20 week SMA and the trend turning bullish. The current price is consolidating around $80000, with key support from the "real market average" and short-term holding costs, and the upper pressure zone at $85000. Spot buying has increased, and the proportion of speculative derivatives has decreased. The Stablecoin Supply Ratio has rebounded from historical lows, and the stablecoin supply ratio has risen to 2.8, reaching a 12-month high. On chain data shows that the daily transaction volume of Bitcoin increased by 116% to 831400, the number of active addresses increased to 707700, and the total transaction fee reached 27900 US dollars. According to Glassnode data, the 90 day spot Taker CVD has turned positive, with spot buying dominating the market and the indicator rising to $620 million, reflecting an increase in active buying sentiment. Overall, Bitcoin is still in the stage of strong trend expansion.

The U.S. April seasonally adjusted CPI MoM stands at 0.6%, in line with expectations, lower than the previous value of 0.90%. (Jin10) AI interpretation: The CPI data meets expectations, indicating the stability of inflationary pressure. Although there is a month-on-month decline, it remains at a relatively high level, suggesting that inflation is still a significant factor in the economy. This data will influence market expectations regarding future monetary policy, particularly in terms of interest rate decisions.

According to Businesswire, Coincheck Group announced a strategic partnership with KDDI Corporation. KDDI will subscribe for 285 million newly issued common shares at a price of $2.28 per share, with a total transaction amount of approximately $65 million. Morgan Stanley serves as financial advisor, while De Brauw Blackstone Westbroek and Simpson Thacher&Bartlett LLP provide legal services. Both parties will collaborate to expand the digital asset market, including revenue sharing and referral reward mechanisms.

[U.S. April CPI Data Recorded at 3.8%, Higher Than Expected] The U.S. announced the April unadjusted CPI year-on-year rate, recorded at 3.8%, higher than the expected 3.7%, with the previous value at 3.3%.