#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
DWF Partners: Expect Bitcoin prices to be bullish in the long term, but volume is expected to decline in the long term.
On June 9, Andrei Grachev, managing partner of DWF Labs, posted on social media that "Bitcoin (BTC) is technically a crypto asset, but in reality it is more like a traditional financial asset (TradFi), and its share in the fiat market will only increase." Therefore, we can expect that the price of bitcoin will only rise in the long run, and the trading volume will only decline in the long term."