#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
Survey: XRP surpasses Ethereum to become the second favorite digital asset of South Korean encryption investors
ChainCatcher message, a recent survey by the South Korean news website News1 shows that BTC is still the first choice for Korean cryptocurrency investors, while Ripple (XRP) has surpassed Ethereum to become the second most popular digital asset. The survey results show that the top five cryptocurrencies are: Bitcoin (BTC), Ripple (XRP), Ethereum (ETH), Dogecoin (DOGE), and Bitcoin Cash (BCH). The survey was conducted from December 24 to 26, 2024 through the blockchain voting platform The POL, with a total of 5,225 investors participating.