#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
A whale has built a position of 83.94 WBTC since May 12, holding a total of 18.22 million USD in WBTC.
According to Gate News bot, monitored by Ai Yi, Whale 0xF0B...Bf06a has built a position of 83.94 WBTC (8.98 million USD) since 05.12, with a cost of 107005 USD, and currently has unrealized losses of 134000 USD.
The most recent increase was 3 hours ago, when I bought 23.7 WBTC at an average price of $105343 on the chain, about $2.49 million; The address now holds a total of $18.22 million worth of WBTC.