#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
The tokens in the top 100 by Market Cap are all in a declining state, with FTM, AI16Z, HYPE, etc. dropping by over 17%.
PANews 8th January news, according to Sosovalue data, the Tokens in the top 100 of Cryptocurrency Market Cap are all in a state of decline, here are the 10 projects with the largest 24-hour declines: FTM fell 18.5% in the past 24 hours and is now priced at $0.6432; AI16Z fell 17.98% in the past 24 hours and is now priced at $1.79983; HYPE fell 17.45% in the past 24 hours and is now priced at $21.532; ENA fell 16.67% in the past 24 hours and is now priced at $0.9647; TIA fell 15.84% in the past 24 hours and is now priced at $4.612; GALA fell 15.63% in the past 24 hours and is now priced at $0.03567; BONK fell 15.42% in the past 24 hours and is now priced at $0.00002912; RUNE fell 15.01% in the past 24 hours and is now priced at $4.155; IOTA fell 14.94% in the past 24 hours and is now priced at $0.325; JASMY fell 14.82% in the past 24 hours and is now priced at $0.03304.