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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!👇️
A man admits to illegally operating a CryptocurrencyATM network in the UK
PANews reported on October 1st that 45-year-old Olumide Osunkoya has admitted to illegally operating a network of CryptocurrencyATMs in the UK, making it the first conviction case involving CryptocurrencyATM operation in the country. Osunkoya pleaded guilty to five charges at Westminster Magistrates' Court, accused of operating multiple CryptocurrencyATMs without registration, involving approximately £2.6 million (US$3.4 million) in transactions. The court stated that these ATMs may be used for Money Laundering or tax evasion. The FCA (Financial Conduct Authority) has intensified its crackdown on illegal CryptocurrencyATMs and plans to sentence him at Southwark Crown Court, with a date yet to be determined.