#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
$DRIFT short-term rise by over 50%, may be affected by the addition of DRIFT trading by the South Korean exchange
gate News: Korean exchange will add support for Drift Protocol (DRIFT) trading, with Korean won, BTC, and USDT trading pairs. Affected by this news, $DRIFT rose by over 50% in the short term.
gate data shows that the price of $DRIFT has pumped by 80.06% in the past 24 hours, with the current price at $0.8675, Market Cap$$129.64M, and 24-hour volume$5.50M.