#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
A Whale holds nearly 70 million USD worth of AAVE through rollover and borrowed 32.22 million USDC.
Gate News bot reports that, according to The Data Nerd monitoring, Whale 0x372 has been going long on AAVE through rollover.
11 hours ago, he borrowed 5 million USDC from AAVE and transferred it to Wintermute, accumulating 19,608 AAVE, and then provided all of it to AAVE.
Currently, he holds a total of 280,674 AAVE (approximately 69.66 million USD) and has borrowed 32.22 million USDC.