#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
Affected by the news that Telegram will raise $1.5 billion, TON briefly rose by over 6%.
On May 28, according to CEX market data, TON briefly rose over 6%, currently quoted at $3.09, with a 24-hour increase of 3.68%, possibly influenced by news that Telegram will raise $1.5 billion. BlockBeats previously reported that The Wall Street Journal cited sources saying that Telegram will raise $1.5 billion through bond issuance, with investors including U.S. asset management company BlackRock and Abu Dhabi's state investment company Mubadala, and new investors are expected to include hedge fund company Citadel.