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- 🎁 12th Anniversary Celebration – Reward Distribution Notification
🎊 Congratulations to all winners! Rewards have been sent to your Gate accounts. Please check your balances
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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!👇️
The company behind USDC, Circle, is listed on the New York Stock Exchange! Here are the details.
Circle Internet Group, the company behind the USDC stablecoin, has officially applied for the first initial public offering (IPO ) that plans to trade under the symbol "CRCL" on the New York Stock Exchange (NYSE).
Stablecoin Issuer Circle Applies for IPO on NYSE, Targeting a Share Price of $24-26
According to the application, Circle will offer 24 million Class A shares, with 9.6 million coming directly from the company and the remaining 14.4 million being sold by existing stakeholders. The expected IPO price range has been set between 24 and 26 dollars per share.
If priced at the highest point of December, the offer could rise to as much as $624 million, valuing the crypto firm at billions of dollars depending on final allocations and market reactions.
Circle is best known for issuing USD Coin (USDC), which is widely used in crypto trading, decentralized finance (DeFi), and payment platforms, and is the second largest stablecoin by market capitalization.
The move to go public came as Circle aims to solidify its presence in traditional financial markets and increase transparency amid growing regulatory scrutiny in the stablecoin sector.