#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
$SYNT gains more than 13% following Integration with Core
$SYNT, utility token of Synternet, a blockchain that powers modular, interoperable data infrastructure across all major chains, is up above 13% in the past 24hours, & now trades around $0.02099, with inflow of $2.20M, & trading volume of $12.48M, as per Gate.io chart.
The latest price gain for $SYNT comes amid the News that Core is integrating Synternet to power real-time proof-of-reserves for Wrapped BTC across its ecosystem. Core ecosystem builders now have access to Synternet Insights, a tool that translates live blockchain activity into actionable intelligence giving builders the tools to detect risks early & act with confidence, before problems spread.