#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
On May 30th, Layer3 blockchain Orbs launched Perpetual Hub, an on-chain perpetual futures trading solution based on intention. Perpetual Hub was developed in collaboration with SYMMIO and IntentX, leveraging Orbs' L3 technology to provide traders with on-chain tools required to execute perpetual futures trades at CeFi level. Perpetual Hub supports on-chain perpetual futures trading, including services such as Hedger, Liquidator, and Price Oracle.