#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 certain Whale spent 9.83 million dollars to purchase 5,474 ETH.
According to a report by Golden Finance, on-chain analyst The Data Nerd (@OnchainDataNerd) has monitored that a certain Whale spent $9.83 million to purchase 5,474 ETH at an average price of $1,797. Currently, he holds 9,110 ETH (approximately $16.62 million), with an average get on board cost of $2,436 (an unrealized loss of approximately $5.57 million).