No wonder bn didn't go all out for this spcx IPO; they didn't get prime allocation, so there's a real chance it could go sideways. They only allocated a small amount, just in case things go wrong, it's within a manageable range.
Dude. We're all just getting walked like dogs, huh? Feels like we're all just beggars in the crypto space, begging to send money and nobody's even biting.
Is the crypto scene really worse than a stray dog on the street now?
Today, the CPI for both China and the US dropped at the same time!
China's May CPI year-over-year is +1.2% (flat from last month, expected 1.3%) month-over-month -0.1%, core CPI +1.1%. Food prices are dragging, with pork continuing to drop; however, industrial consumer goods surged by 3.9% due to rising oil prices, keeping overall prices stable.
The US May CPI year-over-year is +4.2% (up from last month’s 3.8%, in line with expectations) month-over-month +0.5%, core CPI +2.9%. Energy prices skyrocketed by 23.5% (gasoline +40.5%), becoming the biggest driver,