#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
According to a report from Bijie.com, independent investment dealer Paradigm Capital transferred 3,718 Ethereum (ETH) it held to Anchorage Digital in the early morning of April 28, which was the company's first ETH transfer in the past three months. The value of the transfer was approximately US$12 million. As of the transfer, Paradigm's portfolio balance was approximately US$415 million.