#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
Argentine development team LambdaClass: considering whether to file a lawsuit, the LIBRA incident destroyed the Argentine crypto market
Odaily Planet Daily News Argentinean well-known development team LambdaClass founder Federico Carrone posted on X, saying, "I'm thinking whether Lambda should initiate legal proceedings. I will discuss this with fren and lawyers. I don't want to profit from it, but this matter cannot end like this. It has ruined the Crypto Assets market in Argentina. Many frens ask me why I am in this industry. Over the past few days, everything that happened in the Cryptocurrency companies in Argentina looks like scams. Many honest builders who have been in this industry for decades have been passively implicated in this foolish behavior."