#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 British court orders the seizure of criminal leader Alexander Surin's BTC worth $4.3 million.
Odaily Planet Daily News The UK court ordered the seizure of crime boss Alexander Surin (also known as Don Car-Leone)'s BTC worth about $4.3 million because he failed to prove that these encryption assets were obtained through legal means. This decision was made after an investigation into Surin's financial transactions, which are related to his criminal activities. After being convicted of drug trafficking in France in 2015, Surin fled to Dubai, where his substantial wealth, including luxury cars and properties in London, was confiscated by the authorities.