#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
AMPL, MAGIC, and PENDLE are among the top Smart Money inflows in the 24-hour ranking.
According to Jinse Finance, Nansen data shows that the 24-hour fund inflow tracking list of Smart Money on the ETH network is as follows: AMPL: Approximately $3.244 million, now at $0.9436, down 4.2% in the past 24 hours; MAGIC: about $253,000, now trading at $0.4575, down 5.2% in 24 hours; PENDLE: About $226,000, now trading at $3.39, a 7.1% decrease in the past 24 hours.