#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
Golden Finance reported that Moonbeam Network has announced a $13 million investment to support development in gaming, real-world assets, the Canary Network Moonriver, and other areas. According to the team, this funding includes a new $10 million innovation fund, $1.5 million in Moonbeam ecosystem grants, and $1.5 million in Moonriver grants. The first investment from the innovation fund is in N3MUS, which will build a gaming ecosystem around Moonbeam. The recipients of the innovation fund will also be introduced to Moonbeam's venture capital network, including Arrington Capital and Scytale Digital.