#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
In the past 24 hours, multiple institutions have deposited over 100 million dollars worth of Ether into the exchange.
According to Techub News, monitored by The Data Nerd, multiple institutions have deposited a large amount of Ether into the exchange in the past 24 hours. The address marked as Grayscale deposited 16,247 Ether (approximately 28.63 million USD), the address marked as Blackrock deposited 10,000 Ether (approximately 17.94 million USD), the address marked as Wintemute deposited 34,634 Ether (approximately 62.94 million USD), the address marked as Andre Conje Fantom deposited 2,000 Ether (approximately 3.44 million USD), and the address marked as James Fickle deposited 2,350 Ether (approximately 4.19 million USD).