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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!👇️
The main suspect of the UK's largest Bitcoin money laundering case, Wen Jian, has been ordered to repay over $3.78 million, or he will face an additional 7 years of imprisonment.
Odaily Planet Daily News According to the UK's largest BTC Money Laundering case, one of the suspects, Jian Wen, must repay more than 3.78 million US dollars (3.1 million pounds) or face the additional risk of seven years of imprisonment. The order is part of a confiscation order after the Money Laundering conviction. The Crown Prosecution Service (CPS) in the United Kingdom recently issued a statement saying, 'Prosecutors told the court that the amount of BTC seized is substantial and there is a lack of legal evidence regarding its origin, all of which indicate that these are proceeds of crime.' (Decrypt) In May last year, a court in London, UK, sentenced Wen Jian to 6 years and 8 months in prison for assisting his employer Qian Zhimin in laundering 150 BTC. At current prices, these BTC are worth $15 million. During the investigation of WEN Qian and his accomplice, the British police seized over 61,000 BTC, the largest amount of cryptocurrency ever seized in the UK.