#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
Trader Eugene: I have tried to buy some AI-related tokens in small positions, mainly because they have fallen excessively
BlockBeats News: On March 16, trader Eugene said that he had tried to buy some AI-related tokens in small positions - in the long-term chart, some altcoins are showing signs of recovery, and even in a bear market, we can see some small rebounds. Tokens of interest include: AI16Z; WLD; VIRTUAL; ARC; The main reasons for choosing AI tokens were the excessive decline experienced by AI broker-related tokens (followed by a natural bottom) and the upcoming Nvidia GTC conference next week. This catalyst has had mixed results in the past, but I think that if enough positions are at a disadvantage, people will always find a reason to go long.