#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
The VR Metaverse concept Meme coin VERSE market capitalization has surpassed 900 million USD.
Odaily News GMGN data shows that the market capitalization of the VR Metaverse game concept Meme coin VERSE (Verse World) has exceeded 900 million USD, currently reported at 920 million USD. In addition, Moonshot has just announced the launch of the VERSE Token. According to reports, Verse World is a tech company located in Dubai, focusing on Web3, spatial computing, and immersive Metaverse experiences. Previously in 2024, the company announced a partnership with the digital entertainment and media platform Azerion, which will provide monetization services and game content within Verse World. This partnership has raised Verse's valuation to $180 million. Verse's strategic shareholders include the asset management group Lydian Group.