#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
AI Block platform Talus Network completes $6 million financing with a valuation of $150 million, led by Polychain Capital.
CoinVoice has learned that AI Block chain platform Talus Network has completed a $6 million financing, with a valuation of $1.5 billion. Polychain Capital led the round, with participation from Foresight Ventures, Animoca, Geek Cartel, Echo, and angel investor Polygon, co-founder Sandeep Nailwal, Sentient core contributor and Symbolic Capital co-founder Kenzi Wang, 0G Labs CEO Michael Heinrich, Allora Labs CEO Nick Emmons, and Nuffle Labs co-founder Atlan Tutar. This brings the total financing amount of Talus to $9 million.
This funding will help further develop the Talus ecosystem, including the Protochain, Nexus framework, and the 'AI Dating Experience' application.
According to RootData, Talus Network is a blockchain platform focusing on decentralized artificial intelligence. The network leverages the powerful capabilities of Move, emphasizing security, speed, and enhanced developer experience. Talus Network creates a future where technology empowers users in a fair and accessible manner by nurturing a diverse ecosystem of intelligent agents for decentralized applications. [Original link]