#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
A Whale that made over $7.5 million trading Fartcoin has accumulated 23.37 million AVA in the past 20 days.
According to Jincai Finance, on-chain analyst Lookonchain (@lookonchain) has monitored that a whale address, which previously profited over $7.5 million from Fartcoin trading, is accumulating AVA tokens. The address has purchased 23.37 million AVA Tokens at an average price of $0.03554 over the past 20 days, worth approximately $1.71 million. The current floating profit is about $875,000.