#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 Whale spent 9.975 million dollars to Build a Position in HYPE, with an average price of 38.46 dollars.
On June 10, according to Onchain Lens monitoring, a Whale deposited 9,975,000 USDC into Hyperliquid and purchased 259,367 HYPE at a price of 38.46 USD each.