#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
Hex Trust completes a new round of strategic financing led by Morgan Creek Digital
PANews, February 7th, digital asset custody and market services provider Hex Trust announced that it has completed a new round of strategic financing. Morgan Creek Digital led the investment, with participation from Injective. Although the specific amount of this round of financing has not been disclosed, the company has revealed that its total financing has exceeded 100 million US dollars. Hex Trust also stated that it will launch a Series C financing later this year and conduct potential strategic acquisitions. Its business currently covers Hong Kong, Singapore, Dubai, France, Italy, and other places.
It is reported that the 'Token of Love Hong Kong Music Festival' is a special event certified by Consensus HK, and the event is exclusively invitation-based, aimed at inviting industry leaders and committed to creating an efficient social experience. This event welcomes all Web3 enthusiasts to participate, and all platform users can sign up. Tickets are limited, so apply for registration to immediately check ticket eligibility.