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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!👇️
BlackRock's Cryptocurrency Director Talked About Bitcoin (BTC) and Gold! Stunning Statements Were Made!
The Bitcoin 2025 Conference, regarded as the largest Bitcoin (BTC) event of the year 2025, started yesterday.
Many important names from the cryptocurrency sector, as well as from various political figures, participated. One of them was BlackRock, which holds a leading position in Bitcoin and Ethereum ETFs.
According to this, BlackRock Digital Assets President Robert Mitchnick spoke about Bitcoin at the Bitcoin 2025 conference.
Robert Mitchnick stated that when comparing Bitcoin with gold, BTC offers a much higher potential for increase and a lower potential for decrease than gold.
Despite this comparison, Mitchnick stated that Bitcoin and gold do not have to compete. Mitchnick expressed that both assets serve a similar purpose, acting as strong assets that help investors protect themselves against traditional financial risks.
Additionally, a BlackRock executive, noting that Bitcoin has solidified its place as a mainstream investment asset, argued that 2% of investment portfolios should be allocated to Bitcoin.
The BlackRock executive recently highlighted the modern advantages of Bitcoin. Unlike gold, Bitcoin can be transferred instantly to anywhere in the world at almost zero cost. According to Mitchnick, these features make Bitcoin attractive to both retail and institutional investors looking for strong alternatives to traditional safe-haven assets.