#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
BTCstake platform Solv raised $10 million for its Bitcoin reserve issuance
Odaily Planet Daily News BTC stake platform Solv selects U coin for its BTC reserve issuance (BRO) raising $10 million, aiming to establish a $100 million BTC reserve. BRO is reportedly combining the characteristics of traditional convertible bonds with encryption native functions to promote institutional adoption of BTC finance. (Coindesk)