BTC had a massive green day on May 15, registering the highest one-day gains after almost two months. The spike was primarily due to the US CPI data that showed that inflation eased slightly in April, fueling investor expectations that a Fed interest rate cut might come in earlier than expected.<\/p>\n\n\n\n
One of the biggest gainers in the top 100 remained Fantom\u2019s FTM as the layer 1 blockchain\u2019s Sonic upgrade came closer to their claims to improve their transaction speeds by a factor of 10. The network will remain an EVM-compatible chain, competing with the likes of AVAX.<\/p>\n\n\n\n
On the other hand, the world\u2019s second-largest asset manager Vanguard is set to change its CEO and the new incumbent Salim Ramji earlier led BlackRock\u2019s ETF business. Experts believe the new CEO could eventually lead to the company offering Bitcoin ETFs.<\/p>\n","protected":false},"excerpt":{"rendered":"
BTC had a massive green day on May 15, registering the highest one-day gains after almost two months. The spike was primarily due to the US CPI data that showed that inflation eased slightly in April, fueling investor expectations that a Fed interest rate cut might come in earlier than expected. One of the biggest […]<\/p>\n","protected":false},"author":93,"featured_media":40379,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14714],"tags":[6467,6602,6536],"class_list":["post-40378","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/40378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=40378"}],"version-history":[{"count":3,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/40378\/revisions"}],"predecessor-version":[{"id":40384,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/40378\/revisions\/40384"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/40379"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=40378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=40378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=40378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}