#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
Data: The encryption market has experienced a slight pullback in the zone, with ETH and LSDFizone pumping 2.8% and 5.57% against the trend
According to SoSoValue data, the encryption market zone has experienced a slight pullback, but ETH and LSDFi zone have pumped against the trend, with a 24-hour increase of 2.8% and 5.57%, respectively. Worth following is Lido DAO (LDO) pumped 13.76% and Rocket Pool (RPL) pumped 10.90% within the zone. In addition, SocialFi zone pumped 1.97%, Layer2 zone pumped 1.86%, Decentralized Finance zone pumped 1.54%, and DePIN zone pumped 1.20%.