#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
Huge Bitcoin Mining Company Announces Expansion to a New Altcoin!
Digital Bitcoin mining platform GoMining is making a significant transition to the Solana blockchain by planning to launch its mining-related NFTs on Magic Eden at the end of this month.
The company, known for tokenizing Bitcoin mining hashrate to offer Bitcoin rewards to individual users, announced its expansion today.
The company announced that GoMining's GOMINING service token now includes Solana functionality and can be bought and sold as an SPL token on Solana decentralized exchanges (DEXs).
Mark Zalan, CEO of GoMining, said, “Solana’s ecosystem is ideal for interacting with a general cryptocurrency audience through user-friendly BTC mining,” adding, “Bitcoin is a fundamental part of the crypto ecosystem and everyone, regardless of which blockchain they prefer, should have access to mining as part of crypto exposure.”
GoMining has tokenized hashrate, a measure of computational power used in mining, to allow users to earn Bitcoin rewards without directly investing in physical mining operations. Users can purchase GoMining NFTs based on real hashrate and earn BTC rewards as a result. According to GoMining, approximately 216,000 mining NFTs have already been sold.