📰 10 Things That Actually Matter Today:
1️⃣ Kevin Warsh takes the Fed chair Friday. Powell's out. Liquidity narrative shifts incoming.
2️⃣ Google + Blackstone dropping $5B into AI cloud infrastructure. Big tech doubling down on compute—bullish for AI tokens long-term.
3️⃣ Bitwise going full degen: 10% of their Hyperliquid ETF fees buying $HYPE. First major fund with skin in the game.
4️⃣ Meta slashing 20% of staff, pivoting 7K employees to AI. Zuck's all-in. May 20 restructure—watch AI narrative heat up.
5️⃣ SEC kills the gag rule. Companies can now talk post-settlement. Transparency era or just more noise? TBD.
6️⃣ Elon appealing his OpenAI case to Ninth Circuit after dismissal. Drama continues.
7️⃣ Anthropic doubles Claude token limits across all plans. AI arms race accelerating.
8️⃣ US CPI could hit 5%+ this year if trends hold. Highest since Feb 2023. Inflation isn't dead—macro still messy.
9️⃣ Iran's war proposal rejected by US. Geopolitical risk back on the table. Risk-off vibes if this escalates.
🔟 Minnesota greenlights Bitcoin custody for banks and credit unions. State-level adoption creeping in. Bullish for institutional infrastructure.
TLDR: Fed changing hands, AI wars heating up, inflation creeping back, and BTC custody going mainstream state by state. Stay sharp.