#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
GMT Burning Plan lockup exceeds 150 million, GMT price rise exceeds 90%
Odaily Planet Daily According to BurnGMT.com data, the total Lock-up Position amount has reached 154,640,356 GMT, with an Annual Percentage Rate of about 400% at present. The price of GMT has pumped from 0.115 to a peak of 0.2193 since the planned launch, with an increase of about 90.26%. This plan has reached the first Lock-up Position target, which will burn the future 60 million advisor shares of GMT to be unlocked in the next 10 months. If the Lock-up Position amount reaches 500 million and 900 million next, it will trigger larger scale burning targets.