#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
Mainstream altcoins generally fell, with LDO, EIGEN, and others falling by more than 10%.
BlockBeats news, on December 18th, according to market information, mainstream alts generally fell, with LDO, EIGEN, and others all falling by more than 10%. Specifically: ACX fell by 16.66% in the past 24 hours, now priced at $0.6624; SCR fell by 13.21% in the past 24 hours, now priced at $1.038; VELO fell by 11.51% in the past 24 hours, now priced at $0.1863; LDO fell by 10.54% in the past 24 hours, now priced at $2.054; EIGEN fell by 10.86% in the past 24 hours, now priced at $4.963.