#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
Decentralized Finance protocol Spicenet completed a $3.4 million seed round financing, led by Hack VC and others.
CoinVoice latest learned that, according to the official latest news, Decentralized Finance protocol Spicenet announced the completion of a $3.4 million seed round of financing, with Hack VC and Magnus Capital jointly leading the investment, TPC Ventures, Public Works, WAGMI Ventures, DoraHacks, P-OPS Team, The Rollup Ventures, and multiple angel investors participating.
Spicenet is a unified and composable liquidity layer, with Celestia as its underlying technology. This protocol integrates solutions and market makers into a network, allowing for two forms of liquidity from other chains without bridging assets to Spicenet. Its unified margin system improves capital efficiency. Spicenet is about to launch its private testnet, and final bug fixes are underway. [Original link]