In yesterday’s episode, we discussed some analysts’ predictions on what would happen if the Consumer Price Index showed high inflation. The CPI did show higher-than-expected inflation, so were the analysts correct on what happened next? You’re damn right they were. Elsewhere, the SEC issued a Wells notice to Uniswap, Coinbase integrates Apple Pay in the U.K., and memecoin trading volume appears to be crashing.

Further reading:

• Bitcoin price weakens after hot CPI print raises doubt on Fed rate cuts
• Bitcoin whales ‘buy the dip’ post-CPI as BTC price gains 3.6%
• Bitcoin bounces back as Grayscale ETF outflows hit new record low
• 90% of Bitcoin ETF inflows are still retail — VanEck CEO
• SEC issues Wells notice to DeFi protocol Uniswap
• Coinbase pushes for UK crypto adoption with Apple Pay integration
• 3 reasons why DOGE, WIF and other memecoins are crashing

So, grab yourself a coffee, and let’s get into it!

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