#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 certain Whale unstaked and sold 7,259 stETH, worth approximately 11.48 million USD.
According to BlockBeats news on April 20, monitored by Onchain Lens, a Whale unstaked 7,259 stETH after 2.2 years and sold them for 11.48 million USDC, with an average price of 1,581 USD. This Whale initially obtained 6,762 stETH by exchanging 11.64 million USD worth of ETH and USDC, and earned 497 ETH in staking rewards during the staking period, but overall still incurred a loss of about 158,000 USD.