#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
Optimism governance data analysis shows that the concentration of voting power has reached a record high.
Gate News bot message, according to on-chain analyst mrwildcat's latest research data on Optimism governance, this quarter, over 30,000 voters accounted for 80% of the total votes, with each of these voters being entrusted with less than 1 OP in voting rights, resulting in an actual voting influence close to zero.
Data simultaneously shows that the number of addresses controlling over 50% of delegated voting rights has reached 18 delegates, setting a new historical high. Meanwhile, the number of representatives required to meet the quorum remains below 8. The research also points out that the current market value of the delegated OP is close to its historical low.
Source: Wu Says
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