#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
This week's unlocking data overview: MOVE, LAYER, and APT will experience a large one-time Token unlock.
BlockBeats News, on May 6, according to Token Unlocks data, this week MOVE, LAYER, APT will usher in a one-time token unlock, including: Movement (MOVE) will unlock 50 million tokens at 20:00 on May 9, worth about $8.22 million, accounting for 2% of the circulation; Solayer (LAYER) will unlock 27.02 million tokens worth about $78.35 million at 22:00 on May 11, accounting for 12.87% of the circulating supply; Aptos (APT) will unlock 11.31 million tokens, worth about $55.87 million, or 1.82% of the circulating supply, at 2:00 on May 13.