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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!👇️
Musk's role in DOGE is comparable to Starlink as UK users switch off
The number of Starlink users in the UK has been growing, but consumer attitudes have changed.
The number of #Starlink users in the UK has been growing, but consumer attitudes have changed. Other telecoms operators in the UK and Europe are in talks with governments to consider replacing Starlink. Some users continue to use Starlink because there is no better alternative. British Starlink users are hesitant to choose this satellite internet service provider because of owner Ilon Musk's role as a #DOGE in Donald Trump's administration. Since Musk began working with the White House, he has played a major role in cutting federal spending under the Department of Government Efficiency (DOGE) initiative, which has displeased stakeholders of his various companies, including Starlink and #Tesla . According to The Guardian, the number of Starlink users in the UK is growing, but there have been some problems since Musk became involved in politics, particularly his role in DOGE in the Trump administration. In the UK, the Starlink market is mainly individuals and businesses in rural areas with poor broadband, although there is a minority of survivalists and others who buy the technology as Musk fans. Some users have said they've turned off satellite internet and switched to other providers. One user, Barry Nisbet, a Scottish fiddler whose business in the Shetland Islands combines music and sailing, cited the tech billionaire's controversial reception at President Trump's inauguration ceremony as one of the last steps toward dropping Starlink, even though the decision put him at a disadvantage. I've been uncomfortable for a long time, and the role he played in the U. S. election and his monopoly really bothers me. Nisbet. According to The Guardian, Starlink is the dominant player in its sector.
the company's CEO told Bloomberg about the prospect of replacing Starlink in a couple months in places like Ukraine.
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