#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
The amount of BTC held by BlackRock and Strategy exceeds that of Satoshi Nakamoto.
PANews reported on April 22 that BlackRock's flagship Spot Bitcoin ETF holds 573,187 Bitcoins, while Strategy (formerly MicroStrategy) holds 538,200 Bitcoins. Their combined total of 1,111,387 Bitcoins exceeds the amount reportedly held by Satoshi Nakamoto. Arkham Intelligence estimates that Satoshi Nakamoto holds approximately 1,096,000 Bitcoins, with other estimates typically capping at 1.1 million Bitcoins.