🚨 Web3 Exposed: The Truth Behind the Crypto Hype

News

📢 US PCE Inflation Data Softens To 2.1%, Driven by Social Benefits and Wages

The April personal income and spending numbers from the Bureau of Economic Analysis (BEA) is out and gives insight into Americans’ financial state. The post revealed the latest index for the US PCE, which is a key measure of inflation in the United States.

🌐 Trump Media Closes $2.3 Billion Bitcoin Treasury Deal

The Trump Media Group has made headway in its plans to create a Bitcoin Treasury Reserve. The company has just announced that it has completed its stock sale, resulting in a capital raise of almost $2.5 billion, and it intends to use $2.3 billion to purchase BTC.

Markets

⚠️ Solana Price Analysis: Bearish Double Top Pattern Signals Crash to $145

Solana is facing headwinds as a bearish pattern is forecasting another crash to $145. At press time, SOL price trades at $163 amid intense volatility that has seen the price fluctuate between a daily low of $161 and a daily high of $173.

📊 Bitcoin Price Outlook: Top Analysts Flag Worrying Signals—Is a Sharp Pullback Ahead?

Bitcoin (BTC) is down 4.06% on the week. With the weekly and monthly closes in less than two days, sell signals are emerging across all time frames, hinting at exhaustion of the bullish trend. To make matters worse, known crypto analysts are flashing signs of a bitcoin price correction ahead.