#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
L1 Blockchain expansion platform Litheum secures $750,000 strategic investment from Amber Group and others.
Golden Finance reports that L1 Blockchain expansion platform Litheum has announced it has received strategic investments from Amber Group and Alphemy Capital, with an investment amount of $750,000. The new funds will be used to build its performance proof (PoP) based DeFi and micro-lending decentralized applications, further dropping encryption lending costs.