#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 rise and fall of the top 100 crypto assets market capitalization in the past 24 hours: FLR rose by 6.57%, RAY fell by 8.10%
According to Deep Tide TechFlow news on May 4th, data from Coinmarketcap shows the performance of the top 100 Crypto Assets by market capitalization in the past 24 hours as follows,
Top five increases:
Flare (FLR) rose 6.57%, current price 0.01861 USD;
Cardano (ADA) rose 2.08%, currently priced at 0.7236 dollars;
Solayer (LAYER) rose 1.92%, now priced at 3.04 dollars;
Quant (QNT) rose by 1.57%, currently priced at 85.35 dollars;
Nexo (NEXO) rose by 1.00%, currently priced at 1.25 dollars.
Top five declines:
Raydium (RAY) fell 8.10%, currently priced at 2.71 dollars;
Fartcoin (FARTCOIN) dropped 7.77%, current price 1.10 dollars;
Brett (BRETT) fell 7.56%, currently priced at 0.06108 USD;
Bonk (BONK) fell 7.28%, currently priced at 0.00001731 USD;
Walrus (WAL) fell by 6.82%, current price 0.5524 dollars.