#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
ZachXBT: One of the WBTC holders is a suspicious entity related to Ransomware/Kill Pig Disk
Golden Finance reported that on-chain detective ZachXBT tweeted that a WBTC holder is linked to suspicious entities related to Ransomware/scam. The holdings data is as follows: 1253 WBTC ($73 million) 0xed805ac246f441ea0d057b81d910ef1e39eb5995 185 WBTC ($10.8 million) 0x9a5c7630d327885ae849217702824e5835d3c5e0