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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!👇️
Frax's new proposal intends to use BUIDL from BlackRock as the reserve asset for Frax USD stablecoin.
BlockBeats news, on December 23rd, Securitize, the broker-dealer of BUIDL Tokenized Currency Market Fund by BlackRock, submitted a governance proposal calling for the addition of BUIDL Token as a reserve asset for the upcoming re-launch of Frax USD stablecoin. The proposal states that besides providing the utility, relative safety, and convenience of Frax USD, it can also significantly drop counterparty risk of its reserves through collaboration with BlackRock. If the proposal is approved, Frax USD will follow the example of USDtb by Ethena and adopt BUIDL Token as the backing asset. BUIDL currently manages assets worth over $530 million, with the majority being short-term U.S. Treasury bonds.