#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 whale deposited 142 ETH into Suilend to participate in the Bluefin airdrop
On June 21, Suilend, the lending protocol of the Sui ecosystem, announced that it will airdrop Bluefin (Sui ecosystem Perp) to the top 1000 of the leaderboard. The snapshot will be taken on June 21. About 19 hours ago, a large holder transferred approximately 263.8 ETH to a newly created address, and deposited 142.7 ETH into Suilend (limited by the ETH deposit limit). Due to the fact that Suilend opened up ETH assets yesterday, its point acquisition efficiency is much higher than other assets. Currently, the address ranks 138th on the Suilend point leaderboard and has secured the eligibility for airdrop within one day before the snapshot.