#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
Crypto Weekly Roundup: Do Kwon Extradication, Vitalik Buterin's Moo Deng Adoption, & More
This week in crypto, popular pygmy hippo Moo Deng again hit the headlines. Ethereum co-founder Vitalik Buterin became her official sponsor, donating 88ETH to the Thai zoo. On a more serious note, former Terraform CEO Do Kwon is all set to be extradited to the U.S., as South Korea's request was rejected. Let’s find out more
Bitcoin
Ethiopia is leveraging its hydroelectric power through the Grand Renaissance Dam to power Bitcoin mining and generate 18% of the country’s revenue from digital assets
President-elect Donald Trump has said he will sign an executive order to create a Bitcoin reserve on his first day in office
Ethereum
Viral pygmy hippo Moo Deng has been formally sponsored by Ethereum co-founder Vitalik Buterin with an 88 ETH donation, showcasing crypto's potential for social impact.
Altcoins
BlockDAG’s (BDAG) presale has been tremendously successful, raising over $172 million and distributing more than 17.5 billion coins. Early participants have seen returns of over 2240%, reflecting strong market confidence in the project.
With nearly five million players, HashCats has established a name for itself in the blockchain gaming scene by combining interactive gameplay with a fun mining concept involving cats
Vitalik Buterin's adoption of the popular pygmy hippo, Moo Deng, resulted in renewed interest in the MOODENG coin, which is up by nearly 12% over the past week, with some smart money investors viewing it as one of the best meme coins to buy now
Amidst the rising growth of certain altcoins like Polkadot (DOT) and Avalanche (AVAX), Nebula Stride (NST) is rapidly gaining momentum with its unique solutions
XRP has experienced a notable surge, fueled by a post-election rally that has enhanced investor trust and reinforced its status in the cryptocurrency sphere
Web3
Ambire recently launched a gamified campaign enabling early extension beta users to adopt smart accounts and AA seamlessly
Cardano founder Charles Hoskinson says he wants to help the United States establish a crypto-friendly regulatory regime once President-elect Donald Trump returns to the White House.
Regulation
Montenegro's Constitutional Court has rejected Do Kwon's extradition appeal, leaving the country's justice minister to make the final decision on his transfer to South Korea or the U.S.
Following its previous decision, Montenegro denied South Korea’s request to extradite Do Kwon, confirming that the Terra Luna founder would be extradited to the US
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.