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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!👇️
- What are the Gate Post Community Growth Points? Learn how it works and what rewards you can get! 👇
New developments in the case of the dark web drug platform by former students of National Taiwan University: digital assets stolen in a hacker attack.
Gate News bot message, Dongsen News reports that there is new progress in the case of former National Taiwan University student Lin Ruixiang's dark web drug trading platform. In February 2024, Lin's Crypto Assets and NFT ( assets were stolen in a hack. The Hacker disguised as an investor, lured Lin into downloading software containing malicious programs to carry out the theft.
It is reported that Lin previously showcased his trading activities on social media, with a monthly trading volume exceeding $1 million, and he holds multiple Bored Ape Yacht Club NFTs. Lin was arrested by the FBI in May 2024. Prior to this, the dark web platform he operated had been shut down and then restarted, demanding a confidentiality fee of $20,000 from users, or else their personal information would be leaked.
Source: Dongsen News
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