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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!👇️
DappRadar: NFT lending market volume fell by 97% RWA is expected to revive
Gate News bot news, the blockchain analysis platform DappRadar indicates that linking real-world assets (RWA) to NFTs is one of the key catalysts that could revitalize the declining NFT lending industry – a sector that is suffering from significant drops in volume and user activity.
DappRadar analyst Sara Gherghelas stated in a report on May 27 that the volume of the NFT lending market (which allows NFT holders to obtain loans by collateralizing their tokens) has decreased by 97% from a peak of approximately $1 billion in January 2024 to $50 million in May.
Gherghelas stated that NFT lending needs to "break free from survival mode" and requires "new catalysts" to revitalize the industry, such as real-world asset NFTs and tokenized real estate or income-generating assets, which can unlock more stable and reliable sources of collateral.
She said, "So far, there has been no compelling reason for an NFT lending rebound in 2025. Although the infrastructure still exists and the platform remains active, activity has slowed down significantly."
Source: Cointelegraph