#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
Analysis: A wallet holding 4500 ETH recently started sweeping into Pudgy Penguins.
Odaily Planet Daily News Arcade.xyz advisor Cirrus stated in a post on X that a Wallet holding 4500 ETH began to buy a large amount of Pudgy Penguins yesterday. The Wallet has only had 32 transactions in total and has been relatively inactive since 2021. The main transactions include: Buy a CryptoPunk alien for 4200 ETH (sold for 4500 ETH a few months ago); Buy an EtherRock for 400 ETH; Buy a dino pal for 370 ETH. According to the Blur data, Pudgy Penguins Floor Price is currently reported as 10.10 ETH, with a daily increase of 9.66%.