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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 Bitcoin mining platform Antalpha plans to invest 40 million USD in Tether Gold.
Gate News bot news, the financial technology platform Antalpha serving the Bitcoin Mining ecosystem announced plans to invest $40 million in Tether's digital gold token Tether Gold (XAUt) to diversify assets amid macroeconomic fluctuations.
The reason for choosing this Token is that its value is based on gold, which is considered suitable for institutional asset allocation, especially its ability to withstand the cyclical fluctuations of the cryptocurrency market and support different financial applications.
The company plans to inject capital into XAUt from its portfolio before June 30, 2026. As part of its ongoing investment strategy, Antalpha aims to acquire more digital assets similar to XAUt in the long term to fund its lending business.
Source: crypto.news