#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 certain whale address invested $2.95 million to open a 25x ETH short order, as well as 10x PEPE, WIF, and OP short orders.
According to BlockBeats news on May 17, OnchainLens monitored that a certain Whale Address deposited 2.95 million USD into HyperLiquid and opened multiple short positions, including: - 25x leverage ETH short order - 10x leverage PEPE, WIF, and OP short orders. Currently, the total value of its short positions exceeds 66.75 million USD, with unrealized gains of 1.26 million USD.