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May 2012
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In case you missed it โ
Biggest news of the week โฌ๏ธ
1. The Fed officially raised rates by 25 basis points.
2. The total crypto market cap increased by $160+ billion since Monday.
3. Dell stock hit a new all time high $588.40, now up over 440% YTD.
4. The 10 year U.S. treasury yield hit 5.04%, the highest level since July 2007.
5. The UK 30 year treasury yield hit 5.95%, the highest level since March 1998.
6. OpenAI is exploring a new funding round at a $1.2 trillion valuation.
7. Anthropic said itโs targeting $110 billion in annualized revenue this year.
8. Canada was invited to become the first "associate member" of the EU.
Follow @CoinbasePredict for more daily recaps.
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