#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 newly created wallet spent over 1.9 million USD to buy 1.186 million KTA.
According to the Gate News bot, monitored by Onchain Lens, a newly created Wallet spent 1.926 million dollars to buy 761.4 ETH at an average price of 1.62 dollars for 1.186 million KTA.