#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
The DDC, known as "Solana version of MSTR," submitted a $1 billion securities issuance filing to the SEC.
[Called "Solana version of MSTR", DDC submitted a $1 billion securities issuance filing to the SEC] DeFi Development Company (code JNVR) has submitted a $1 billion shelf registration statement to the U.S. Securities and Exchange Commission. The company stated: "We may sell any combination of these securities in one or more offerings, the offering price and terms will be determined before the offering, with a total offering price of up to $1 billion." DDC was renamed from Janover earlier this week and is referred to as "the Solana version of MSTR", currently holding approximately $34.4 million in SOL, and plans to provide investors with an alternative path to acquire this encryption asset through increasing holdings and staking Solana.