#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
The US government has transferred various encryption assets, including approximately $1.55 million worth of SHIB and $18 million worth of ETH, to the new Address in the past 5 hours.
Odaily Planet Daily According to Arkham monitoring, in the past 5 hours, the US government has transferred various encryption assets to the new Address, including:
548.97 billion SHIB, equivalent to 1.55 million dollars;
5024.189 ETH, equivalent to 17.96914 million US dollars;
13,584,000 BUSD, equivalent to 13,050,000 USD.
In addition, a variety of Crypto Assets such as RLC, COMP, POWR, AERGO were also transferred.
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