#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
Solana's edge data intelligent network 375ai completed a $5 million seed round of financing, with 6MV leading the investment
Golden Finance reported that 375ai, the edge data intelligence network of Solana, announced the completion of a $5 million seed round of financing on X platform, with 6MV as the lead investor, and Arca, Escap Velocity, Primal Capital, and Auros as co-investors. The specific valuation information has not been disclosed. 375ai provides blockchain-based Decentralization edge data intelligence network Nodes and mobile applications for real-time data collection. Users can participate in the network by deploying Nodes, using applications, or staking Tokens, and at the same time, receive rewards.