#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
SSV Network has submitted two important proposals, including applying for a 6 million US dollars SSV for technical upgrades, etc.
BlockBeats News, on September 3rd, SSV Network recently submitted two important proposals at its governance forum, which are currently under discussion. The first proposal aims to continue and expand the previous DIP-16 community and marketing management proposal, seeking additional funds for new activities and marketing services. The proposal requests 191,830 US dollars and 150,000 US dollars worth of SSV Tokens for PR, conferences, and specific marketing activities, and additionally requests 1 million US dollars worth of SSV Tokens as compensation for previous work. The second proposal involves technical upgrades and future development plans for SSV Network, including Alan Fork upgrade, committee Consensus upgrade, Pectra readiness upgrade, and other technological improvements. The proposal requests 6 million US dollars worth of SSV Tokens to support these technical development and upgrade work.