#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
Encryption market zone continues pullback, AI Agents fell by 9.53%, RWAzone relatively strong
PANews reported on February 19th that according to SoSoValue data, the crypto market zone continues to pull back, with AI Agents dropping by 9.53%, while RWA zone remains relatively strong. Within the AI Agents zone, Virtuals Protocol (VIRTUAL), AIXBT, AI16Z, AI Rig Complex (ARC) saw 24-hour decreases of 13.96%, 10.63%, 11.22%, and 18.59% respectively. However, the RWA zone saw a 24-hour pump of 1.72%, with MANTRA (OM), Maker (MKR), and Plume (PLUME) pumping by 4.35%, 10.63%, and 9.53% respectively. In addition, the Meme zone fell by 3.47% in the past 24 hours. Within the zone, Dogecoin (DOGE) dropped by 2.37%, Shiba Inu (SHIB) by 2.75%, and Pepe (PEPE) by 5.76%. It is worth noting that the total market value of the Meme zone has dropped to the level of November 2024, with almost completely pulling back the gains made in winter. In other zone, CeFi zone dropped by 3.25% in 24 hours, PayFi zone fell by 3.30%, but Litecoin (LTC) pumped against the trend by 6.55%. Layer1 zone decreased by 3.67%, DeFi zone dropped by 4.22%.