#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
The Omni Foundation has repurchased 6.77 million OMNI tokens from early investors, representing 6.77% of the total supply
PANews, May 16th news, according to the announcement from Omni Labs, the Omni Foundation announced the repurchase of 6.77 million OMNI Tokens (accounting for 6.77% of the total supply) at a discount from early investors, reducing the investor's holding ratio from 20.06% to 13.29%. The repurchase funds come from the foundation's $18.1 million seed round and Series A financing. The repurchased tokens will be transferred to the "Community Growth" pool, resulting in a decrease of the total holding percentage of investors, advisors, and core contributors from 48.56% to 41.79%. This operation follows the established lock-up terms and references the community-first allocation model of projects like Hyperliquid, aiming to optimize the token distribution structure. Currently, the market price of OMNI has a premium compared to the repurchase price.