#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
24-hour Spot Capital Inflow/Outflow Ranking: XRP Net Outflow of 16.49 Million USD
BlockBeats news, on May 4th, according to Coinglass data, the net inflow of cryptocurrency spot funds in the past 24 hours is as follows: NIL net inflow of 2.59 million USD; XVS net inflow of 1.37 million USD; ORCA net inflow of 1.23 million USD; ETC net inflow of 1.03 million USD; DMAIL net inflow of 1.01 million USD. The net outflow of cryptocurrency spot funds is as follows: BTC net outflow of 414 million USD; ETH net outflow of 25.38 million USD; LAYER net outflow of 17.88 million USD; XRP net outflow of 16.49 million USD; SUI net outflow of 15.51 million USD.