#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 "diamond hand" traded LABUBU with unrealized gains exceeding $1.1 million, having previously missed a profit of $5.2 million in LUCE.
According to BlockBeats news, on May 26, as monitored by lookonchain, 8 months ago, the DBzhEX Address spent $72,200 to purchase 30.94 million LABUBU, which is now worth $1.26 million. He also spent $527,000 to purchase 19.14 million LUCE 7 months ago, which had a peak value of $5.74 million, but has now fallen to only $164,000, turning $5.2 million in unrealized gains into a loss of $363,000.