With ether passing the $500B market cap milestone and a look at inflation in the wake of legendary investor Stanley Druckenmiller's warning, CoinDesk’s Market Daily is back with the latest news roundup.Add Markets Daily to your Alexa Flash Briefing here.This episode is sponsored by hellointerpop.io.Today's stories:Two-Day-Old Cryptocurrency Surges to $45 Billion Market ValueInflation Likely Accelerated in April as Economy StrengthenedUS Tariffs Drive Drop in Chinese Imports - WSJSoftBank reports record net profit for a Japanese company of $46bnBillionaires Peter Thiel and Alan Howard back new $10bn crypto exchangeRare CryptoPunk NFTs Fetch Almost $17M at Christie's Auction David Morris: Druckenmiller's Inflation Warning Good for Crypto Investment Research Firm Says Coinbase Stock Could Fall to $100Altcoin Season's Outer Limits: Ether Outpacing Bitcoin Further Than in 2017 Stablecoins Like USDC See Growing Demand In Latin AmericaDavid Morris: Druckenmiller's Inflation Warning Good for Crypto -InterPop is redefining the future of NFTs and fandom. Learn more at interpop.io. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.