#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
Ripple CEO strives for diversification of crypto reserves - what does this mean for the future va...
Brad Garlinghouse, the CEO of Ripple, has indicated that he is in favor of diversifying crypto reserves and advocates for a multichain approach. He believes that a national digital asset reserve should not only include Bitcoin (BTC), but also altcoins such as XRP and Ethereum. This approach can promote collaboration in the crypto sector and reduce rivalry. In this article, we will explore the potential impact of a diversified crypto reserve and which cry.