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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 total global Web3 financing in May continues to rise, exceeding $917 million.
According to the statistics of VentureLink, there were a total of 100 financing events in the global Web3 field in May, which is basically the same as in April; the total financing amount reached $917 million, a decrease of 5.46% compared to the previous month.
In terms of segmented tracks, the blockchain infrastructure track had the highest number of financings and the largest amount in May, with 41 projects receiving a total of 498 million USD; the DeFi track and the CeFi track maintained a certain rise in total financing. Among them, there were 19 financings of tens of millions of dollars in May, including 2 financings of hundreds of millions of dollars, namely Farcaster and BitDeer.
In the Chinese market Web3 field, three projects received financing in May, namely: $3 million seed round investment in Martial Awakening, strategic financing of millions of dollars in Unique Art, and a new round of $10 million strategic financing in Dora Factory.