#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
Litentry Partners with Orange Web3 to Boost Identity Solutions
Litentry has partnered with Orange Web3, a significant move for both platforms. This partnership was announced via Litentry’s official X account. Orange Web3 is an EVM-compatible Layer 1 blockchain. It focuses on User Generated Content (UGC) tools, specifically for Gaming, AI, and the Metaverse.
Orange Web3 Collaboration with Litentry Aims to Boost Identity Solutions
Orange Web3 is creative, and that has been evidenced in its functioning and performance. It aims at redesigning how UGC tools work in the blockchain environment, for creators and developers. Its platform is meant to be useful in creating and sharing digital content in an easier and effective manner.
Litentry, on the other hand, is an Identity Oracle. It is building a future where people have ownership of their data or in other words, people own their data. Orange Web3 could be the next step for Litentry to expand its utilization and expand the company’s services. The partnership creates opportunities to possibly incorporate identity solutions into Orange Web3.
Litentry and Orange Web3 to Foster Cutting-Edge Web3 Ecosystem
It also creates more opportunities The relationship also creates possibilities for more opportunities. They both will gain from the experience and resource of each other. It is an opportunity for Litentry to become a part of an ecosystem focused on the development of new and exciting technologies. For Orange Web3, this means improved identity solutions that could possibly bring in more users and projects.
Overall, this partnership is a significant advancement on the road to defining the Web3 future of gaming, AI, and metaverse construction.