#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
Chainbase and Carv have reached a strategic cooperation to accelerate AI-driven data utilization
PANews reported on November 18 that according to official sources, the full-chain data network Chainbase announced a strategic cooperation with the modular Data Layer project CARV. The two parties will focus on three core areas: data interoperability, AI empowerment, and Token incentives, aiming to accelerate AI-driven data utilization and value capture. The Chainbase data network will seamlessly integrate various asset data and on-chain reputation system data within the CARV platform, supporting users to access and analyze the depth of CARV ecological data through the deployment of Chainbase Manuscript. In addition, CARV will empower its CARV ID function and AI Agent within the ecosystem using the native language model Theia for encryption, providing developers, users, and enterprises with more powerful AI tools and services. The two parties will also establish a dual-stake mining framework for $CARV and $C to improve governance efficiency and create more value for Tokenholders. It is reported that Chainbase has started the Testnet in August, and the number of active Addresses on the Testnet has exceeded 30 million. According to the roadmap published on the official website, the Chainbase Mainnet is expected to be launched in the fourth quarter of 2024.