#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
Multiple Crypto Assets projects are experiencing a wave of unlocks, with a total value exceeding $675 million.
According to the Gate.io News bot, Tokenomist reports that multiple crypto assets projects will have token unlocks in the next 7 days. Projects with significant single unlocks (over $5 million) include SUI, OMNI, OP, KMNO, ENA, ZETA, REZ, MEME, DYDX, GUNZ, and IOTA.
The projects that have linear large unlocks (with daily unlock amounts exceeding 1 million USD) during the same period include SOL, WLD, TRUMP, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, NEAR, and JTO. The total value of the unlocks for these projects exceeds 675 million USD.
The TRUMP project team announced on April 24 that the initial unlocking of tokens and the daily unlocking portion for the next three months will extend the lock-up period by 90 days.