#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
GoMining, which offers retail users a way to tokenize real hash rates, mine bitcoins and earn BTC
GoMining, which offers retail users a way to earn BTC rewards by tokenizing real hash rates for bitcoin mining, is adding Solana functionality.
The #Solana extension will allow trading of useful GoMining tokens on Solana DEX. These will be tradable. GoMining, which offers retail users a way to earn #bitcoin rewards by tokenizing the actual hash rate of bitcoin #mining , will expand to Solana. Useful token, which is primarily a utility token, will be GoMining will add Solana functionality ahead of the launch of ''NFT-on Magic Eden'' later this month, the company announced Tuesday. GoMining tokens will also be able to trade on Solana DEX like SPL tokens, the company said. It added: the Solana ecosystem is ideal for more cryptocurrency users to make bitcoin mining convenient for users. Bitcoin is a fundamental part of the cryptocurrency ecosystem and everyone should have access to its mining as part of their cryptocurrency experience, regardless of which blockchain they prefer. GoMining tokenizes hashrate, a measure of the computing power used for mining, to enable people who can't afford to directly invest in physical mining operations to earn #BTC from bitcoin mining capacity. Users can buy GoMining ''NFTs'' tied to the actual hash rate, giving them the ability to earn BTC, the company said. Owners of GoMining ''NFT-'' can invest in improving the performance of their digital miners or sell them. They can sell them, and according to GoMining's website, about 216,000 miners have already been sold. Each digital miner has two key parameters: power (TH/s) and energy efficiency (kW/TH), seamlessly participating in bitcoin mining. The company claims to have 350 MW of mining capacity, including installations in Texas. Read us at: Compass Investments #CryptoNews