#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
Animoca Brands announces investment in the DePIN project GEODNET
BlockBeats news, on October 31st, according to CrowdFund Insider, Animoca Brands announced an investment in the decentralized real-time kinetic (RTK) network GEODNET to advance the development of mixed reality games and immersive experiences. GEODNET will collaborate with Animoca Brands' consumer network project Mocaverse to explore the integration of precise positioning technology within Moca Network. Yat Siu, Co-founder and Chairman of Animoca Brands, stated that GEODNET's positioning technology will open up new possibilities for mobile and gaming experiences, helping developers create seamless mixed reality applications that blend the digital and physical worlds. This partnership aims to accelerate the integration of blockchain with real-world experiences.