#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
Bit Digital: Not associated with any Meme coin.
Golden Finance reports that Nasdaq-listed Bitcoin mining company Bit Digital, Inc has issued a statement on the X platform clarifying that the company is not associated with any Meme coins, nor does it recognize, sponsor, or maintain any relationship with any Meme coin projects claiming to represent the Bit Digital brand, reminding the community to be vigilant.