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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
🎊 Congratulations to all winners! Rewards have been sent to your Gate accounts. Please check your balances
Note:
- In regions where shipping isn’t available, physical merch will be converted to equivalent vouchers — please be patient;
- If an item is out of stock, it will be substituted with merch of equal value.
🚀 Thank you for your support! Stay tuned for more exciting events
- 【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!👇️
5 Privacy Coins Face Delisting on Gate.io Exchange
Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins.
Gate.io to Delist Privacy Coin Perpetuals
Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By 08:00 UTC on Dec. 26, all trading for these contracts will come to a complete stop.
As part of the phase-out, all open orders linked to these contracts will be canceled, and remaining positions will be settled automatically. The exchange noted that settlement prices will be based on the average index price from the 30 minutes prior to delisting. Should market volatility be unusually high, Gate.io will extend this timeframe to ensure fairness and avoid price manipulation.
The platform stated that it is urging users to review their strategies and close positions ahead of the deadline to ensure a smooth transition. Gate.io explained that these steps are meant to protect traders and facilitate an orderly adjustment.
Privacy coins have increasingly come under the regulatory spotlight due to their advanced anonymity features. Although Gate.io didn’t cite regulatory concerns as the reason for its decision, similar moves by other platforms suggest compliance challenges may be a contributing factor. The total market cap for privacy coins currently stands at $6.47 billion, reflecting a 10.4% dip over the past 24 hours.