#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
Vitalik Buterin announces the Ethereum L1 privacy improvement roadmap.
According to Gate.io News bot, Vitalik Buterin, the co-founder of Ethereum, has released the Ethereum L1 privacy roadmap. This roadmap proposes specific solutions to improve user privacy without modifying the Ethereum Consensus.
The roadmap focuses on four areas of privacy: on-chain payment privacy, partial anonymization of on-chain activities within applications, on-chain reading privacy, and network anonymity. Specific measures include integrating privacy tools like Railgun into wallets, implementing a "one address per application" default setting, enforcing FOCIL and EIP-7701, and utilizing TEE and PIR technologies to protect RPC privacy, thereby reducing metadata leakage.