#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
Ethereum Spot ETF net inflow was $281 million last week, with BlackRock's ETHA leading the way.
According to the Gate News bot, data from SoSoValue shows that during the trading period from June 2 to June 6 Eastern Time, the Ethereum Spot ETF market recorded a net inflow of $281 million, with all nine ETF products achieving positive capital inflow.
Among them, Blackrock's ETHA fund ranks first with a weekly net inflow of $249 million, and the fund currently has a total cumulative net inflow of $4.85 billion.