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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!👇️
Data: Circle continues to pump with a rise of 186.71%, current stock price is 88.88 dollars.
According to ChainCatcher news and data from Dongfang Caifu market, the stablecoin USDC issuer Circle has continued to pump after opening, now rising over 186.71%, with the current stock price at 88.88 USD, IPO pricing at 31 USD, and a current market capitalization of 19.32 billion USD. Circle completed its IPO at $31 per share, exceeding the original expected pricing range of $24-$26, raising $1.1 billion, with an IPO valuation reaching $6.2 billion. The IPO originally planned to issue 24 million shares but expanded to over 34 million shares due to a surge in demand. The USDC issued by Circle is the second-largest dollar stablecoin, and its listing comes as U.S. lawmakers push for stablecoin regulatory legislation.