#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
Santiment: Funds are flowing into altcoins, with a significant increase in new wallet creation rates for WETH, GT, and MKR.
According to ChainCatcher news and Santiment analysis, after Bitcoin recently reached an all-time high of $112,000, its profits are being redistributed to new altcoins. Among them, the new wallet creation rates for Wrapped Ethereum (WETH), Gatechain (GT), and Maker (MKR) have significantly increased.