#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
TrendX has received a $5.2 million strategic investment from Animoca Brands and Cream Labs.
PANews May 16 news, the on-chain smart trading platform TrendX announced the completion of a new round of strategic financing totaling $5.2 million, with investors including Animoca Brands and Cream Labs. After this round of financing, TrendX's total financing reached $11.2 million, supported by 14 institutions covering cutting-edge fields such as AI, DePIN, and Decentralized Finance. The funds will be used to promote product innovation and global expansion, as well as deepen collaboration with investors in on-chain data analysis and intelligent model construction.