#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
The team of First Lady MELANIA of the United States has transferred MELANIA worth 30 million dollars and has begun selling.
According to a report by Jinse Finance, the blockchain analytics company Bubblemaps states that the meme team of First Lady Melania Trump has "quietly sold" tokens worth $30 million. Bubblemaps stated on the X platform on April 7 that approximately $30 million worth of 50 million MELANIA Tokens "were transferred from the community fund and are currently being quietly sold, with no explanation given by the team." Additionally, these tokens were transferred to a single wallet and then "dispersed to multiple addresses." Among them, tokens worth $3 million were transferred to exchanges, opening two new positions worth $6 million each, and tokens worth $500,000 in MELANIA were sold.