#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
Variational completed $1.5 million strategic financing.
Golden Finance reported that the peer-to-peer derivatives trading protocol Variational, based on Arbitrum, has announced that it has raised $1.5 million in strategic financing from Mirana Ventures, Caladan, Zoku Ventures (formerly Superpotion), and other key partners. This round of financing follows Variational's announcement of a $10.3 million seed round in September and the launch of the private testnet of the Omni Mainnet. Variational supports the Omni platform, which allows users to trade perpetual futures for free across hundreds of markets.