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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
Top Gainers⭐️ $SNAKEAI $YBDBD $BASEPTL $FPFT $TMAI
Trending Coins🔥 $YBDBD $LAUNCHCOIN $SPX $MIRAI $ANIME
#FearGreedIndex# #TopGainers#
- #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 - Trading Myth vs Reality: Rising Wedge
❌ Myth
"A rising wedge is a bullish signal; buy immediately once the pattern completes."
✅ Reality
Proper rising wedge trading requires confirmation:
1.A clear break below the lower line (2 confirmed closes)
2.Volume increase on the break
3.A pullback that doesn't break above the lower line
💡 How to trade correctly:
· Wait for the pullback after the break
· Set stop-loss above the upper line
· If price breaks above upper line, volume must confirm or it's a false breakout
- What are Gate Post Ambassadors? One article guides you through the responsibilities and benefits of being a Gate Post ambassador!👇️
The cryptocurrency wallet developer Turnkey has completed a Series B funding round worth 30 million dollars.
The cryptocurrency wallet infrastructure company Crypto Turnkey has raised $30 million in a Series B funding round led by Bain Capital Crypto. Co-founded by Bryce Ferguson and Jack Kearney, Turnkey helps developers build user-friendly wallets through application programming interfaces (APIs), aiming to improve functionality and user experience.
Ferguson stated that the company is transitioning from slow systems to machine-based transactions with higher throughput. Turnkey's clients include the prediction platform Polymarket, the NFT marketplace Magic Eden, and the stablecoin company Bridge owned by Stripe.
This funding round also saw participation from Lightspeed Faction and Galaxy Ventures, who led Turnkey's $15 million Series A round in April 2024. The company plans to expand its engineering team from the current 35 employees.