- Pin
- 🎁 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!👇️
SHIB Burns Crash Despite Market Turning Green
Meanwhile, the crypto market seems to be recovering for now, with Bitcoin and other major cryptocurrencies showing growth over the past 24 hours.
SHIB burns in red despite market going green
The burn rate has plunged by nearly 9%, according to the Shibburn website. Still, despite the decline, the platform registered a total of 4,591,026 SHIB coins transferred by the global SHIB community out of the circulating supply.
There have been 10 burn transactions so far, but they mostly removed small SHIB bits from circulation. The largest burn transfer, which took out almost the entire amount of SHIB mentioned above, carried 4,143,153 SHIB to an unspendable blockchain wallet approximately nine hours ago.
Bitcoin logs in recovery
Over the past two days, the world’s largest cryptocurrency, Bitcoin, has managed to recover by 4.56% after collapsing by nearly 5% on Thursday.
The Bitcoin growth in the past 24 hours constitutes 1.8% with BTC changing hands slightly above the $105,000 level at the time of this writing. The rest of the top cryptocurrencies followed suit.