#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
Infrastructure provider Symbiotic announced today that it will launch on the Ethereum Mainnet, becoming the first fully permissionless staking protocol to run in a production environment.
The protocol allows users to stake with any ERC-20 token and implements a slashing mechanism to ensure network security. Multiple projects are planning to deploy applications based on Symbiotic, including Chainbound and Router.