#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
Whale unlocked 2.11 years of dormant funds, large amount of WBTC exchanged for ETH
According to Gate.io News bot, data from Nansen shows that a Whale Address (0xd441ae066c33b2c3abef2652369643822dc936ad) has become active again after being dormant for 2.11 years. The address sold 14.38 WBTC (worth 1.39 million USD) and purchased 758.25 ETH at a price of 1836 USD each.