#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
MELANIA Token Crashes! Is Hayden Davis Behind Another Rug Pull?
Hayden Davis, the controversial figure behind tokens like MELANIA and LIBRA, is back in the spotlight. Blockchain analytics firm Bubblemaps has revealed that Davis has been aggressively selling MELANIA tokens over the past 14 days. His wallets have dumped around $1.06 million worth of tokens onto centralized exchanges while also withdrawing over $2.05 million from liquidity pools. This pattern is shockingly similar to what happened with LIBRA, another project linked to Davis.