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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!👇️
Eric Trump Announces Resolution as World Liberty Consolidates Crypto Power with Memecoin Investment - Crypto Economy
TL;DR
Eric Trump shared on X that the tensions driving a lengthy wallet dispute have finally subsided. World Liberty Financial, a company partially owned by the Trump family, is poised to acquire a “significant” share in the well-known Trump memecoin. This decision comes after the company behind the memecoin decided to forgo its plans for a crypto wallet offering, a move that had previously sparked discord between rival factions of Trump’s crypto empire.
Settling the Wallet Dispute
The feud reached a boiling point when World Liberty Financial reportedly sent a cease-and-desist letter to Fight Fight Fight, the organization spearheading the Trump memecoin, over the introduction of a digital wallet branded as the “$TRUMP Wallet.”
Instead of forging ahead with this wallet, Fight Fight Fight has stepped back, allowing the family’s side to gain the upper hand. With World Liberty preparing to launch its own crypto wallet, the decision to capitalize on the memecoin appears to be a strategic move meant to consolidate influence within its crypto domain and reassure investors of strong management and unified purpose.
Family Dynamics in the Crypto Arena
This latest development underscores the shifting dynamics of Trump-affiliated financial ventures. For years, the Trump memecoin and associated projects have attracted intense scrutiny from Democratic lawmakers, who accuse the Trump family of leveraging these crypto ventures to gain undue influence.
However, repeated denials by Eric Trump and Donald Trump Jr. of such allegations have left supporters emboldened. By committing to a significant investment, World Liberty Financial signals its confidence in the long-term prospects of its digital asset, while also distancing itself from controversies sparked by others in the crypto sphere.
The Road Ahead for the Trump Memecoin
The memecoin, launched in January by Fight Fight Fight and linked closely to President Trump’s brand, has already achieved remarkable financial success, generating over $300 million in fees and retaining a dominant share of the token supply. Now valued at roughly $2 billion, its growth trajectory is clear.
With World Liberty’s upcoming investment and planned wallet launch, the firm is setting the stage to further embed the digital asset within the mainstream crypto market.