Milk Road Crypto Update: Fed Insights, Alibaba Earnings, and Key Token Unlocks

The State of Marketing

The State of Crypto - Monday, May 13th In this episode, we dive into the latest in the world of cryptocurrency with a focus on economic reports, Federal Reserve announcements, earnings news, and significant token unlocks. Key highlights include: - **Economic Reports**: Major data highlights such as PPI, CPI, retail sales, and the Philly Fed Manufacturing Index. Controversies arise as the Bureau of Labor Statistics halts tracking coffee prices amidst soaring costs. - **Federal Reserve Announcements**: Fed Chair and representatives sharing their outlook on inflation, interest rates, and money supply, setting the stage for market expectations. - **Earnings News**: Financial health disclosures from major corporations like Alibaba, Cisco, Walmart, and Home Depot, with potential market impacts. - **Token Unlocks**: $1.43 billion in various cryptocurrencies to be unlocked, including AEVO, ARB, and STRK tokens, foreboding market volatility. - **ETF Inflows**: Digital asset investment products seeing significant net inflows, Bitcoin leading recovery while Ethereum faces outflows. - **Other Crypto Developments**: Predictions from Jack Dorsey on Bitcoin's rise, political narratives around crypto regulation, and notable incidents including a $71 million recovery post cyber-attack. Stay tuned to The State of Crypto for your daily digest of pivotal news, market movements, and trends in the cryptocurrency space.