#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
dYdX community proposes to gradually close markets such as OCEAN-USD and EURC-USD.
Odaily Planet News: According to the official governance page, the dYdX community has launched a new proposal and started an on-chain voting. The proposal suggests gradually closing OCEAN-USD, EURC-USD, WBTC-USD, and AMPL-USD, and disabling the offline markets in the market chart. The voting will end on February 1, 2025, at 14:34 (UTC time).