#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
31 Bitcoin Core developers call to stay tuned to the use of the Bitcoin network
A joint statement from 31 Bitcoin Core developers asserts that they do not support the use of Bitcoin for non-financial purposes, but acknowledge the reality that this censorship-resistant network will be used in various ways. They emphasize that there is no authority to order users on what software they should run.
Controversial statement. CEO JAN3 criticized the development team for facilitating spam, while Jameson Lopp and many others defended the free software stance. Some developers like Luke Dashjr opposed the new transmission policy, arguing that it enables spam.