#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
Optimism completes the Isthmus Hard Fork, taking the lead in supporting the Ethereum Pectra upgrade.
Gate.io News bot, according to Wu, Optimism announced that it has completed the Isthmus hard fork upgrade, integrating the core functions of Ethereum's Pectra upgrade into OP Stack and Superchain. The upgrade was completed within two days of the deployment of Pectra on the Ethereum mainnet, making Superchain the first Layer 2 ecosystem to implement the Pectra upgrade. The upgrade scope covers multiple OP Stack chains such as Base, Ink, OP Mainnet, Soneium, and Unichain.