#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
Zignaly launches Cosmos-based ZIGChain and sets up a $100 million ecosystem fund
PANews news on April 17, according to CoinDesk, Decentralization social investment market Zignaly announced the launch of the Layer 1 Blockchain ZIGChain on Cosmos and the establishment of a $100 million ecosystem development fund. Speaking at Token2049 in Dubai, the team said the fund will focus on developing a wealth generation infrastructure that is effortless from a user's perspective.
According to reports, Zignaly is a bit like a Crypto Assets fund manager, allowing users to copy the trades of professionals. It recently obtained a Crypto Assets license in South Africa to provide discretionary financial services, which is equivalent to a license issued for fund managers in the TradFi sector.