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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!👇️
- What are the Gate Post Community Growth Points? Learn how it works and what rewards you can get! 👇
BiyaPay analyst: Circle's stock surged 300% on its first day of trading, and BiyaPay users purchasing CRCL through USDT increased significantly.
BlockBeats news, on June 8th, Circle, the parent company of USDC, successfully went public on the US stock market last night, performing remarkably on its first day of trading with a big pump of 300%. This eye-catching rise has drawn widespread attention, especially in the digital money industry, where Circle's listing on the US stock market has undoubtedly become the market's focal point. Driven by the excitement around Circle's IPO, users on the BiyaPay platform have also shown great interest. According to platform data, an increasing number of users are choosing to purchase Circle's US stock (CRCL) by exchanging USDT for USD. BiyaPay analysts point out that Circle, as a global leader in blockchain financial infrastructure, has been committed to promoting the adoption and application of digital money, and its USDC stablecoin is widely used globally, becoming an important financial tool. Circle's successful IPO and significant rise once again prove the market's confidence in its future development. Furthermore, the BiyaPay platform provides users with a convenient trading experience, eliminating the need for an offshore account. Through efficient USDT to USD exchange services, users can easily participate in the purchase of Circle stocks. This simplified operation process allows more investors to quickly engage in CRCL investments on the platform, boosting its trading activity. As the heat from Circle's US stock listing continues to rise, BiyaPay will continue to provide users with high-quality trading services while keeping a close eye on market dynamics to bring more opportunities to investors. The platform will also continue to promote the integration of digital money and TradFi markets, offering users more high-quality investment projects.