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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 supply of Berachain stablecoin has dropped to 550 million USD in one month.
According to Wu's report, the Gate.io News bot states that the total supply of Berachain stablecoin has seen a large outflow in the past month. Data shows that the total supply of stablecoins has dropped from a peak of $1.4 billion to $550 million. Among them, the supply of the native stablecoin Honey has decreased from $740 million to $280 million.
The total locked value of mainstream cross-chain assets on the platform is ( TVL, which has decreased from a peak of 3.5 billion USD to 2.7 billion USD, but mainstream assets such as BTC and ETH remain stable. Currently, the TVL of mainstream cross-chain assets mainly comes from the deposit funds in the Boyco market.
It is reported that Boyco's 90-day locked fund pool and related rewards will be unlocked on May 6.
Source: Wu Shuo