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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! 👇
The treasury Address of Non-fungible Token fragmentation protocol NFTX has burned 252,000 NFTX and 36,000 FLOOR.
Golden Finance reported that, according to Arkham monitoring, the treasury Address of the Non-fungible Token fragmentation protocol NFTX, 0xaA...B93D, has transferred 252,000 NFTX and 36,000 FLOOR to the burning Address for a total burning value of approximately 7.07 million US dollars. It is worth noting that, according to XIP-56 proposal, NFTX will merge with the FloorDAO market protocol to become the new Non-fungible Token Liquidity protocol ƒlayer, and the NFTX and FLOOR Tokens held by the treasury will be burned. Community users' Tokens will be transformed into the new FLAYER Token at the end of the third quarter. In October 2023, FloorDAO forked due to internal turmoil.