#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
Scallop's revenue exceeds 5 million USD, launching a loyalty program to distribute 200,000 USD rewards to veSCA holders.
PANews April 30 news, according to the official announcement from Scallop, to celebrate the platform's cumulative revenue exceeding 5 million USD, it will distribute 200,000 USD worth of sSCA to veSCA (Lock-up Position SCA) holders as a reward. The snapshot time is at 8:00 AM on May 2, 2025 (GMT+8), with rewards distributed at 12:00 PM on the same day. Holders of at least 2500 veSCA can claim the rewards, and users can choose to receive the rewards directly or receive and lock up again. Those who choose to lock up will receive additional rewards next week. In addition, the price of $SCA has risen by 112% in the past 30 days.