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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!👇️
Sam Thapaliya publicly clarifies the details of early collaboration with the Movement project.
Gate News bot message, Sam Thapaliya posted on social media detailing his early collaboration with the Movement project. It was revealed that before the official establishment of Movement, Sam Thapaliya met with Vanderbilt and Cooper in person and provided incubation funds for the Satay project, which is a yield aggregator developed based on Move.
Subsequently, after Rushi took on the role of technical leader, Sam Thapaliya shifted to be responsible for GTM (Go-To-Market) tasks. During the project's progress, Sam Thapaliya discovered issues with the usage data of the testnet, proposed to the team to re-examine the airdrop dataset, and advocated for a reward flattening scheme. However, Cooper chose to maintain a high allocation scheme for 75,000 specific wallets. These wallets later became the main recipients of the MOVE token airdrop and engaged in concentrated sell-offs after receiving the tokens.
Source: Wu Says
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