#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
FEG suspected to have suffered an attack, losing approximately $1 million. The team is currently investigating.
Odaily Planet Daily News According to CertiK Alert monitoring, multiple suspicious transactions occurred on BSC, ETH, and Base, with a large amount of FEG Token being withdrawn, sold for about $1 million, and then deposited into Tornado.Cash. FEGrox is actively investigating, and preliminary investigations indicate that there are vulnerabilities in the wormhole bridge.