#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 blockchain gaming platform Ultra has completed a $12 million financing round, with participation from NOIA Capital.
Golden Finance reported that the blockchain gaming platform Ultra has announced the completion of a new round of financing amounting to $12 million, with NOIA Capital headquartered in Luxembourg participating through its digital asset fund. Additionally, the company announced the appointment of former Circle Strategies partner Maxime van Steenberghe as Chief Operating Officer. The new funds will be used to support its blockchain-based game issuance platform similar to Stream, as well as to recruit talent, expand and upgrade the platform, and carry out strategic acquisitions.