#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
Venice AI: No pre-sale to "external investors", no governance mechanism established.
Golden Finance reported that the Venice AI project, which provides private access to DeepSeek, stated that there has been no pre-sale to 'external investors' and no governance mechanism has been established. It is reported that the total supply of VVV tokens is 100 million, with 25 million allocated to eligible users, 25 million allocated to certain Base users, 35% allocated to the project party of Venice AI, 10% allocated to the 'incentive fund,' and 5% reserved for Liquidity. According to market data, the fully diluted value (FDV) of Venice AI (VVV) has surpassed $1.6 billion, reaching a new high.