#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
In the past 24 hours, the entire network has experienced Get Liquidated of 104 million USD, with both long and short positions being liquidated.
Gate News bot reports, according to Coinglass data, that in the past 24 hours the total liquidation across the network was 104 million USD, of which long orders got liquidated for 52.2582 million USD and short orders got liquidated for 52.2261 million USD.
ETH Get Liquidated 28.6885 million USD, exceeding BTC Get Liquidated amount (18.7356 million USD).