#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
DigiPower X launches stock issuance plan to raise $100 million to expand Bitcoin mining capacity
According to Jinse Finance, Nasdaq-listed company DigiPower X has announced the launch of a stock issuance plan, intending to raise $100 million by selling voting shares to support its strategic roadmap. The new funds are planned for general corporate purposes, including financing ongoing operations and/or working capital needs, and completing the construction of the company's data center to expand Bitcoin mining capacity. In addition, DigiPower X also disclosed its unaudited Bitcoin mining data as of May 31, 2025, revealing that it mined approximately 35 BTC last month, valued at around $3.7 million, with total cash, Bitcoin, and cash deposits amounting to about $9.3 million.