#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
BTCLayer2 network Stacks completes network bandwidth expansion upgrade
BlockBeats news, on January 10, according to official sources, BTC Layer2 network Stacks has completed a 500% upgrade in network bandwidth on the Mainnet. Core developers plan to continue several other optimizations in 2025. BlockBeats previously reported that on October 29, Stacks' Nakamoto upgrade had been successfully launched, introducing 'Fast Blocks' and 'BTC finality' mechanisms to improve transaction speed. After the Nakamoto upgrade, Stacks Block production will be independent of BTC Block production, and user transactions can be confirmed within seconds.