#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 WCT price has experienced big dumps and surges within a month, with a significant share of volume coming from the Korean exchange Upbit.
Gate News bot message, according to CMC data, the price of WCT has risen from $0.35 to over $1.3 in the past month, and then fallen to around $0.65 in the last two days. The data also shows that the WCT/KRW trading pair on South Korea's largest cryptocurrency exchange Upbit reached a trading volume of $558 million within 24 hours, accounting for 35% of the total network trading volume.
Source: Wu Says
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