#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
Pi Network Might Crash Like Terra Luna : Analyst Raises Red Flags Over Centralization
Pi Network is under scrutiny as more red flags come to light In a viral thread that’s lighting up the crypto community, analyst Szymanski has sounded the alarm on Pi Network, warning that its highly centralized structure and lack of transparency could lead to a catastrophic crash.