#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
Grayscale: The top 10 risk-adjusted return tokens in 2024 so far include POND, FET, and more
According to the latest statistics from Grayscale, the top 10 cryptocurrencies with risk-adjusted returns so far in 2024 are: FET, AGIX, RBN, AR, ZRX, TEL, THETA, RNDR, POND, GNO. Grayscale notes that AI-technology-related tokens, part of its Utilities & Services crypto sector, outperform other sectors in terms of risk-adjusted returns.