#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
$SYNT boosts more than 14% as Synternet announces Ecosystem Development Plans
$SYNT, utility token of Synternet, a blockchain that powers modular, interoperable data infrastructure across all major chains, is up above 14% in the past 24hours, & currently trades around $0.02336, with inflow of $1.58M, & trading volume of $15.31M, according to the Gate.io chart.
Synternet has today announced its plan to unveil community proposals for On-chain governance, inflation cuts & major token burns. The latest development comes with the platform entering a new phase for $SYNT in the coming weeks, & enhancing the future of Synternet.