#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
Singapore digital asset startup BetterX has completed approximately $1.7 million in Pre-Series A funding.
PANews March 31 news, according to Crowdfundinsider, Singapore-based digital asset infrastructure provider BetterX announced the completion of a S$2.3 million (approximately US$1.7 million) Pre-Series A funding round to support its expansion in Asia, the Middle East, and the United States. This round of financing attracted new investors, including Grand Prix Capital, Aument Capital, and angel investors such as Sabrina Tachdjian from the HBAR Foundation and Riaz Mehta from Crypto Knights. Existing supporters, including Aura Group and Tibra co-founder Kinsey Cotton, also participated in this round of financing. Previous investors Scalare Partners, Wholesale Investor, B7 Capital, and founders from Audacy Ventures also participated in this round of financing. According to reports, BetterX was established in Singapore to provide institutional-grade infrastructure for the tokenization, trading, and portfolio management of digital assets. The company aims to offer compliant and scalable solutions for financial institutions, including wealth managers and licensed intermediaries. The company's platform supports the issuance and management of tokenized financial products, digital asset trading infrastructure, and custody solutions.