#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Nano bit and BitFi have reached a strategic cooperation to jointly layout BTC asset management
On January 9th, Nano Labs Ltd. (NASDAQ: NA) announced that its wholly-owned subsidiary, Nano bit HK Limited (Nabite Technology Co., Ltd.), plans to carry out BTC-related business and move towards a new era of global technological innovation and ecological strategy. As part of the strategic layout, Nano bit has formally reached a cooperation protocol with the cryptocurrency asset management platform BitFi. According to the plan, Nano Labs will purchase BTC as a long-term strategic reserve asset for the company, with Nano bit responsible for the management and operation of related assets. As its professional partner, BitFi will provide a comprehensive solution covering asset custody, quantitative management, and value-added strategies, helping to achieve both the security and profitability of reserve assets. This cooperation not only marks a new stage of strategic development for Nano Labs in the BTC ecosystem, but also demonstrates the technical strength and industry influence of BitFi in the BTC asset management field. The two parties will complement each other's strengths, deeply cultivate the BTC ecosystem, and jointly promote the sustainable development of the industry. (Source: Nano Labs)