#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
A certain Whale increased their position by 1.8 million USDC with 5x leverage shorting HYPE, currently having unrealized losses of 1.24 million USD.
PANews May 8 news, according to Spot On Chain, a crypto Whale has injected 1.8 million USDC into the Hyperliquid platform again, increasing its short Position on HYPE Token. The Whale has invested a total of 10.36 million in a week, establishing a 5x leveraged Position, currently valued at 29.1 million, with unrealized losses of 1.24 million, and a liquidation price of 25.01 USD.