#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
Grayscale updates the component weights of its funds quarterly, adding SUI, LPT, CRV, etc.
BlockBeats news, on January 9th, according to an official announcement, Grayscale's funds announced the latest fund component weights for each product. The Grayscale Decentralization AI Fund has added LPT to its fund components, including the following assets: NEAR, RENDER, TAO, FIL, GRT, and LPT. The Grayscale Decentralized Finance Fund (DEFG) has added CRV to its fund components, removed SNX, and includes the following assets: UNI, AAVE, LDO, MKR, and CRV. The Grayscale Digital Large Cap Fund (GDLC) has added ADA to its fund components, removed AVAX, and includes the following assets: BTC, ETH, SOL, XRP, and ADA. The Grayscale Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund) has added SUI to its fund components, including the following assets: SOL, ADA, AVAX, SUI, NEAR, DOT.