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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!👇️
Data: Nearly 45% of VC-supported encryption projects have closed down, with Polychain Capital having the highest investment failure rate.
According to Bitcoin.com News, Chainplay and Strorible data show that nearly 45% of venture capital (VC)-backed crypto projects have ceased operations, while 77% have earned less than $1,000 per month, according to News. The study covers 1,181 projects that received funding between January 1, 2023 and December 31, 2024.
The report indicates that Polychain Capital has the highest project failure rate among the investments it has made, with 44% of its projects having ceased operations and more than three-quarters (76%) of its projects failing to generate significant revenue. Other top venture capital firms such as Yzi Labs (72%), Circle (38%), Delphi Ventures (33%), and Consensys (30%) also face a high proportion of project failures.
In addition, the study found that the amount of money raised had a significant impact on project success, with projects raising more than $50 million having a lower failure rate, and more than 33% of projects raising less than $5 million eventually failing or ceasing operations.