#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
✔️ BTC to $46,700, ETH to $2,480.
Fear and Greed Index 72 (Greed) .
The altcoin season index is 53.
Market cap – $1.66 trillion.
👇 What's new:
😉 Ethereum developers have set the date for the Dencun mainnet update to March 13
👀 The supply of BTC on exchanges fell to its lowest level since December 2017 at 5.3%. At the same time, the price has risen above $45,000, which has been aided by the bearish mood of the crowd over the past 3 weeks.
Parts Reviews:
📉 Candidates for the Shorts:
-COTI
-BEAMX
📈 Candidates for Long:
-DYDX
-MANTA