#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
Gate will launch LayerEdge (EDGEN) Spot trading and Launchpool.
Odaily News Gate will launch spot trading on June 2 at 18:30 (UTC+8). From June 2, 20:00 to June 9, 20:00 (UTC+8), it will open staking EDGEN Mining, and by staking GT, BTC, and ETH to participate in Launchpool, users can share 7,500,000 EDGEN Tokens for free. Among them, the GT Mining Pool is expected to have an annualized return of 16.70%, the BTC Mining Pool is expected to have an annualized return of 10.01%, and the ETH Mining Pool is expected to have an annualized return of 10.4%. Early staking is now open.