#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
Golden Finance reported that the decentralized identity solution Litentry announced that it will airdrop staked LIT to its IDHub users. The top 5000 users with a score of 300 or above in its second season IdentityGala will receive 5 LIT each. These LIT will be automatically staked to earn rewards. After 7 days of the launch of the staking feature based on identity rewards distribution, the staked LIT can be withdrawn. This feature will be launched after the end of the second season event.