#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
Ankr announced a partnership with Asphere and Babylon to launch BTC L2 scaling solution
On-chain infrastructure provider Ankr announced its partnership with Asphere and Babylon to launch the BTC L2 launch service. With Asphere's BTC L2 solution, any enterprise or developer can now seamlessly launch their BTC second layer through Asphere's end-to-end customization, engineering, and infrastructure.