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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!👇️
If the US DOGE department audits the Federal Reserve, it may boost market demand for Bitcoin
ChainCatcher News: According to The Block, calls for longtime critic of the Federal Reserve Ron Paul to lead an audit of the Fed are growing. Elon Musk, head of the newly created Government Efficiency Unit (DOGE), expressed support for the proposal, calling it a good idea. Jordan Petsas, director of the Department of Economics, Finance, and International Business at Scranton University, said that if the Fed's audit reveals issues such as currency overissuance, it may shake the public and investors' confidence in the US dollar. This concern about the stability of fiat currency may drive demand for alternative store of value such as Bitcoin and gold. Cryptocurrency derivatives trader Gordon Grant pointed out that a Federal Reserve audit may prompt Americans to start questioning the stability of their currency, potentially accelerating the shift towards physical assets, such as using tokenized gold for instant payment transactions, or turning to Bitcoin as an alternative choice.