#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
Vitalik: Cross-L2 operations must have the same censorship resistance, trustlessness, and no intermediaries as Ethereum L1.
Golden Finance reports that Ethereum founder Vitalik Buterin posted on social platform X, proposing the no-regress principle, emphasizing that cross-L2 operations must have the same censorship resistance, trustworthiness, and lack of intermediaries as Ethereum L1 in order to truly solve the cross-chain interoperability issue.