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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!👇️
A U.S. prosecutor has accused 20-year-old Singaporean Malone Lam of stealing $245 million in encryption assets and lavishly spending it.
BlockBeats News: On May 16, federal prosecutors in Washington, D.C., charged 13 men with allegedly orchestrating a broad conspiracy to identify victims holding large amounts of cryptocurrency, steal those assets, and then launder the proceeds, CNBC reported. According to an alternative indictment obtained by CNBC on Thursday, the victim's cryptocurrency in this case was stolen, worth more than $265 million. The gang of 13 includes Americans and foreigners who splurged on stealing crypto assets, including spending $9 million on luxury cars, $4 million on nightclubs, and multiple rental properties. One of the defendants is Malone Lam, a 20-year-old Singaporean, who was previously arrested and charged in connection with one of the largest thefts that stole about $245 million worth of Bitcoin from a man in Washington, D.C., in mid-August. The indictment alleges that Lam used the money to buy more than 30 luxury cars, including a Ferrari, a Lamborghini, a Mercedes G station wagon, a Rolls-Royce, a McLaren and a Pagani. He is also suspected of having purchased a watch worth $2 million.