#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 increased its holdings of over 110,000 HYPE at an average price of $36, while going long on HYPE with 4x leverage.
BlockBeats news, on June 3rd, according to OnchainLens monitoring, a Whale Address spent 3.99 million dollars to purchase 110,824 HYPE at an average price of 36 dollars, and opened long positions on HYPE with 4x leverage.