#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: The total fees generated by the Ether network in Q3 were $261 million, a decrease of 47% compared to the previous quarter.
Odaily Planet Daily News The Decentralized Finance Report stated in the third quarter report of ETH 2024 that ETH generated a fee of $261 million in the third quarter, a 47% decrease from the previous quarter, also the worst performance since the fourth quarter of 2020. At the same time, L2's Liquidity is forking, and Token issuance will be converted to Inflation in the third quarter.