#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
Lagrange Labs announced the launch of the LA Token Airdrop, which will open for sign up on May 28.
According to a report by The Block on May 27, Deep Tide TechFlow announced that the cryptography startup Lagrange Labs has released its issuance plan for the utility token LA. The company has developed the Lagrange Prover Network, a decentralized network generating zk-SNARKs based on the EigenLayer re-staking protocol.
The LA Token airdrop registration will be open from May 28 to June 2, and one of the eligibility requirements is to have participated in the Turing test-based game Turing Roulette. The total supply of LA Tokens is 1 billion, with 10% allocated for the initial airdrop. Previously, it was reported that Lagrange Labs has completed a total financing of 17 million USD.