#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
SEC delays review of 21Shares Spot Polkadot ETF application
Gate.io News bot message, the SEC( has extended the review period for the Spot Polkadot ETF application submitted by 21Shares. The application was submitted by 21Shares to the Nasdaq exchange, aiming to launch the first Spot Polkadot ETF product.