#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
A Whale sold 67 WBTC to exchange for ETH, with an average buying price of $2,455.
BlockBeats news, on May 13, according to OnchainLens monitoring, a certain Whale sold 67 WBTC for 6.85 million USD and added 4.41 million USD to buy 4,586.79 ETH at an average price of 2,455 USD.