#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
The Eth2 beacon chain deposit contract holds 47.36 million ETH, accounting for twice as much supply as it did two years ago.
According to Santiment's data, the ETH2 beacon chain deposit contract for ETH2.0 stake currently holds 47.36 million ETH, reaching a historical high and accounting for 33.9% of the total supply, which is twice the rise of 10.9% two years ago.