#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 "silentraven" exchanged $20.84 million WBTC for ETH in three days.
According to the Gate.io News bot, data monitored by @EmberCN shows that the Whale account "silentraven" completed a transaction exchanging 100 WBTC (worth 10.36 million USD) for 3855.2 ETH within the past hour. This account currently holds a 3x go long position in HYPE, with unrealized gains of 10 million USD.
Data shows that in the past 3 days, "silentraven" has exchanged a total of 200 WBTC (worth 20.84 million USD) for 7913.9 ETH, with an exchange rate of 0.0252.
Source: Wu Says