#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 Celestia community proposed to set Lock-up Position limits for stake rewards for Lock-up Position Tokens, and the founder of Celestia expressed support.
Odaily Planet Daily News Celestia community has initiated a proposal to set Lock-up Position restrictions on the stake rewards for Lock-up Position Tokens, aligning the unlocking time of stake rewards with the original Lock-up Position Tokens. Regarding the proposal, Celestia founder Mustafa Al-Bassam expressed his support: "Let's complete this proposal. Currently, most PoS networks do not lock up investors' stake rewards. This proposal solves Celestia's problem, and other Cosmos SDK chains can also adopt this solution."