#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
Tencent's Q coins saw a significant pump of 345.1%
On February 24th, Jinshi data showed that since February 18th, the Tencent Yuanbao has significantly pumped up. As of February 23rd, the total number of materials put in was 55,000 sets, an increase of 345.1% compared to the material put in the previous 6 days (2.9-2.14), which was 12,000 sets. Currently, the daily material put in exceeds Kimi and Bean Bags.