#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
Gan Technology launches two BTCMining devices for home heating
PANews January 8th news, according to PR Newswire, blockchain hardware manufacturer Canaan (NASDAQ: CAN) announced the launch of two innovative BTC mining devices, Avalon Mini 3 and Nano 3S, at the Consumer Electronics Show (CES) in Las Vegas. These two devices are designed to popularize cryptocurrency mining for individual users and transform home heating systems into cryptocurrency mining devices. The Avalon Mini 3 has a hashrate of 37.5 Th/s and provides a unique dual-purpose solution by combining efficient BTC mining with home heating. The Avalon Nano 3S is an upgraded version of the Avalon Nano 3 with a hashrate of 6 Th/s.