#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
Data: The encryption market zone has a slight pullback, while the ETH and LSDFi zones pump against the trend by 2.8% and 5.57% respectively.
CoinVoice has learned that according to SoSoValue data, the crypto market zone has experienced a slight pullback overall, but ETH and LSD Fi zone have pumped against the trend, with gains of 2.8% and 5.57% in the past 24 hours. It's worth following that Lido DAO (LDO) pumped 13.76% and Rocket Pool (RPL) pumped 10.90% within the zone.
In addition, SocialFi zonepump 1.97%, Layer2 zonepump 1.86%, Decentralized Finance zonepump 1.54%, DePIN zonepump 1.20%.[Original link]