#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
Data: A certain Whale sold 2.18 million USD of LDO and bought AAVE at an average price of 181 USD.
According to Mars Finance, monitoring by Onchain Lens shows that a Whale has sold 2.25 million LDO (2.18 million USD) for WETH, and exchanged it for 12,037 AAVE at a price of 181 USD. This Whale previously bought 3.6 million LDO with 2,234 ETH (7 million USD) and currently has 1.35 million remaining.