#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
3iQ Solana stake ETF selects Figment as the service provider and will be listed on the Toronto Stock Exchange.
According to the Gate.io News bot, Cointelegraph reports that Canada's asset management company 3iQ's Solana stake ETF (SOLQ) has confirmed Figment as the staking service provider. The ETF was approved by the Ontario Securities Commission (OSC) on April 14 and is scheduled to be listed on the Toronto Stock Exchange on April 16.
3iQ indicates that the annualized return of the fund is between 6% and 8%, and it will conduct staking of SOL tokens through TD Bank in Canada.