#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
Affected by the SEC accusation, LDO and RPL both fell more than 6% in the past 24 hours.
Golden Finance reported that the market shows Lido (LDO) is now priced at $2.057, with a 12.7% decrease in the past 24 hours. Rocket Pool (RPL) is now priced at $19.3, with a 6.3% decrease in the past 24 hours. Previously reported, the SEC accused Lido and Rocket Pool's stake plans of being securities.