#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
$ACL increases above 16% after token utility introduction
Gate io News: $ACL the utility token for Auction Light a trailblazing Defi Protocol that offer an action based Platform for secure lending and borrowing increases above 16% from $0.00446 to $0.01220 and currently trading at $0.01123, with a total volume of $8.32M in the past 24hrs as per gate.io trading chart.
This Increment comes after the announcement of Auction Light ecosystem introduced the token utility.
As an #NFT lending protocol, they aim to create a permissionless lending market for all NFT collections.