#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
memes generally fall, GOAT and VINE lead the decline
BlockBeats News, on May 13, according to GMGN market information, meme coins generally fell today, led by GOAT and VINE, including: GOAT fell 20.9% in the past 24 hours, and the market value is now at $182 million; VINE fell 19.8% in the last 24 hours, and its market capitalization is now at $53.94 million; Simons Cat (CAT) has fallen by -17.2% over the last 24 hours, and its market capitalization is now at $68.88 million. In terms of mainstream memes, DOGE down 6.5% over the last 24 hours, PEPE down 8.3% over the last 24 hours, and TRUMP down 9.1% over the last 24 hours.