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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!👇️
Elliptic exposes Xinbi Guarantee involving $8.4 billion in illegal Crypto Assets transactions.
Gate.io News bot message, blockchain security company Elliptic released an investigative report revealing that Xinbi Guarantee, a registered company in Colorado, USA, is operating an illegal Crypto Assets trading market. The platform has processed a total of $8.4 billion in transactions, mainly serving scammers in Southeast Asia.
The report indicates that Xinbi Guarantee is engaged in money laundering and "pig butchering" scam activities through the USDT stablecoin, while also providing money laundering services, technical equipment, and fake identity documents to clients. The platform currently has 233,000 users, with a trading scale reaching $1 billion in the fourth quarter of 2024. The investigation also found a connection between the platform and the money laundering activities of North Korean hackers.
Source: Cointelegraph