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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!👇️
Phemex Hacker transferred about 6 million dollars of stolen funds
In a recent TechFlow report, on February 20th, according to The Block, there are new developments in the stolen funds of Phemex exchange as shown in the Block chain data.
A report released by Swiss blockchain analysis company Global Ledger shows that hackers have transferred over 2,080 ETH (approximately $6 million) to 14 new addresses, with some of the funds subsequently transferred to the mixer Tornado Cash. The remaining balance in the main attacked wallet is less than 4,000 ETH.
It is reported that hackers have used multiple jumps and interactions with multiple protocols to transfer funds, including using the Across Protocol cross-chain bridge, Wintermute, THORChain, and other platforms.
Earlier news, Phemex was stolen about 69.10 million US dollars of encrypted assets.