#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
Grayscale increased its holdings by 2.191 million BAT, worth nearly $500,000
According to the Golden Finance report, Arkham monitoring data shows that about three hours ago, Grayscale transferred approximately 2.191 million BAT worth about $491,580 through its subsidiary, Grayscale Basic Attention Token Trust. These tokens were transferred from an address starting with 0xC7E, and it is reported that this is the first time the related address has increased its holdings of BAT in five months.