#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
One Whale increased its long position in HyperLiquid, and the floating loss widened to $14.39 million
BlockBeats News, on March 10, according to OnchainLens monitoring, a whale increased its long positions on SOL, ETH, WIF, BTC and kPEPE, and is currently facing a floating loss of $14.39 million. The whale still has open interest orders for these tokens in the amount of $8.43 million. To open these trades, the whale provided 19,413 ETH and borrowed $16.25 million in USDC to go long on HyperLiquid.