#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
A dormant Wallet that has been inactive for 3 years has deposited 20,000 Ether into AAVE, worth approximately 35.46 million USD.
According to Jinse Finance, on-chain analyst The Data Nerd monitored that a dormant wallet address deposited 20,000 Ether, worth approximately $35.46 million, into the decentralized lending protocol AAVE about 8 hours ago. The last activity record of this wallet can be traced back to three years ago.