#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
Whale is increasing its holdings in Fartcoin with a purchase of AVA at an average price of $0.03554, totaling $1.71 million.
BlockBeats news, on May 2, according to lookonchain monitoring, a Whale who earned over $7.5 million by trading Fartcoin is currently increasing their holdings of AVA. In the past 20 days, this Whale has purchased 23.37 million AVA at an average price of $0.03554 (worth $1.71 million), and currently holds approximately $875,000 in unrealized profits.