#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
A whale has redeemed $7.52 million worth of SOL again and deposited most of it into a CEX.
On June 8, according to Onchain Lens monitoring, the Whale further redeemed 50017 SOL worth 7.52 million dollars and transferred 50000 SOL to a CEX. Overall, this Whale has redeemed a total of 175062 SOL worth 25.16 million dollars in the past two months, after having staked for 4 years. The Whale still holds 1,126,767 SOL, worth 168.44 million dollars.