#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
Market maker Wintermute has established its U.S. headquarters in New York and appointed a new head of policy.
According to Gate.io News bot, TheBlock reported that crypto assets market maker Wintermute announced the establishment of its U.S. headquarters in Manhattan, New York on June 1. The company also appointed former Blockchain Association Senior Director of Government Relations Ron Hammond as Head of Policy and Advocacy.
Evgeny Gaevoy, CEO of Wintermute, stated: "The U.S. policy towards digital assets and blockchain innovation is becoming increasingly friendly, and the company hopes to seize the opportunity to establish a foothold in the financial capital, New York."