#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 on-chain Meme Token VIRGEN has surpassed a market capitalization of 29 million USD, with a 24-hour rise of 116%.
On May 28, according to GMGN data, the on-chain Meme token VIRGEN on the Base chain has a market capitalization exceeding $29 million, currently reported at $28 million, with a 24-hour rise of 116%. VIRGEN was issued by VaderResearch, a core contributor to the Virtuals Protocol ecosystem, through the Genesis Launch, which is a recently launched contributor rewards token issuance system in the Virtuals ecosystem. BlockBeats reminds users that Meme coins have little practical use and are subject to significant price fluctuations; investment should be approached with caution.