#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
15% validators support raising the Ethereum Gas limit, which may lead to an upgrade in block processing capacity.
According to ChainCatcher news and reported by The Block, a dashboard created by Ethereum researcher Toni Wahrstätter shows that over 150,000 Ethereum validators (approximately 15% of the total network) have expressed support for raising the block Gas limit. The proposed new limit is 60 million Gas units, up from the current 36 million. Raising the Gas limit will allow more data and transactions to be processed in each block. This change does not require a Hard Fork; it will automatically take effect when more than 50% of validators express support.