#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
Meme coins HarryPotterObamaSonic10Inu has surged over 25% in the past 24 hours, and the market capitalization has surpassed 300 million US dollars again.
BlockBeats news, on October 29th, according to GMGN market data, Meme coin HarryPotterObamaSonic10Inu surged by 25.6% in the past 24 hours, and the market capitalization returned to above 300 million dollars, currently at 3.07 billion dollars. BlockBeats reminds users that Meme coin currently has no actual use case, with significant price fluctuation, so investment needs to be cautious.