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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!👇️
California passes a bill allowing the confiscation of "idle" Crypto Assets.
According to a report by Decrypt on June 5, Deep Tide TechFlow announced that the California House of Representatives passed the AB-1052 bill with a unanimous vote of 78-0 on Tuesday. The bill states that if Crypto Assets holders do not demonstrate "ownership interest" in their assets for three consecutive years, the state government may take over these "unclaimed" digital assets. The so-called "ownership actions" include conducting transactions or electronically accessing accounts.
Unlike the concerns raised on social media, supporters of the bill emphasize that the seized Crypto Assets will be held in their original form by custodians, rather than being liquidated by state governments. Holders can claim their assets back at any time, avoiding the risk of forced sale under unfavorable market conditions.
The bill essentially incorporates Crypto Assets into the same unclaimed property law framework as traditional assets (such as bank accounts and safes). The bill has been submitted to the California Senate for further consideration and may be amended, rejected, or passed as is.