#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
Latest information on Bitcoin N:
David Sacks, the cryptocurrency czar of the White House, just stated: Bitcoin is the financial system of the future, and large-scale regulatory measures will be introduced in August.
SteakNShake just stated: Bitcoin is faster than credit cards, and we save 50% on fees. We have seen a surge in growth since accepting BTC.
Donald Trump Jr. just stated: the perfect storm for Bitcoin is brewing, it will go to the moon, and it will only go up.
Senator Lummis just stated: she hopes to exempt payments under $600 in Bitcoin from taxes, and the U.S. needs to hold at least 5% of the world's Bitcoin reserves.
MicroStrategy stated: If Wall Street's capital inflow to Bitcoin reaches 10%, Bitcoin will rise to $1 million per coin.
Ohio gubernatorial candidate Vivek Ramaswamy just stated: he will make Ohio the most Bitcoin-friendly state.
BlackRock just stated: they recommend everyone to invest at least 2% of their portfolio in Bitcoin.
The former president of PayPal stated: Companies are competing for the last 1.4 million Bitcoins.
The White House's digital asset chief just stated: Bitcoin is updating the financial system in the United States, and the U.S. will become the world's Bitcoin superpower.
The CEO of BITWISE stated: Institutional investors will buy hundreds of billions of dollars worth of Bitcoin.
Elon Musk confirmed: XMONEY is currently being tested and will be used globally, with Bitcoin and Dogecoin as the core.
#Bitcoin
Needs resemble a pyramid, with the base being material, and as you go higher, it tends toward the spiritual. If the material level can never be satisfied, the spiritual level will always be lacking.
When a person's material desires become reasonable or even simple, more funds and energy can be devoted to consumption at the spiritual level.
Gradually, one may feel that the joy and enjoyment brought by many non-material consumptions are more lasting.