#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
$ZIG gains over 11% increase after Token Burn announcement
Gate.io News: $ZIG the native token for Zignaly increases above 11%, from $0.09894 to $0.10358 and currently trading at $0.09916. It has a total volume of $4.93M in the past 24hrs as per gate.io trading chart.
This increment comes after Zignaly Ecosystem announced that over $95K worth of $ZIG (1,034,560 ZIGs) were burnt in their fortnightly buyback and burn program— taking total $ZIG burnt for March’24 only to ~$160K+!
With the AI-driven Z-Score, the ecosystem is set to fire-up over $3M worth of $ZIG annually at this rate. Total $ZIG burnt to date now stand at 28,653,290.