#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
Theta Capital raises $175 million cryptocurrency fund to invest in blockchain startups.
According to Jinse Finance and Bloomberg, the cryptocurrency investment firm Theta Capital Management has announced the completion of over $175 million in financing for its fund named Theta Blockchain Ventures IV. This fund will focus on investing in venture capitalists that are focused on the cryptocurrency sector, indirectly supporting early-stage blockchain startups.