#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
Abraxas Capital is shorting BTC, ETH, SOL Wallet with 10x leverage and has unrealized gains exceeding 13 million dollars.
According to Gate News bot, monitored by Lookonchain, Abraxas Capital has two wallets on Hyperliquid shorting BTC, ETH, and SOL with 10x leverage for hedging spot, currently with unrealized gains exceeding 13 million dollars.