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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!👇️
Germany's BaFin halts Ethena's issuance of USDe Token new business, citing significant compliance deficiencies.
PANews March 21 news, according to a BaFin official announcement, the German financial regulatory authority BaFin has halted Ethena GmbH's new business of issuing USDe stablecoin in Germany. The reason is that there are significant organizational deficiencies and Compliance violations in its MiCAR licensing process, including improper asset reserve management and failure to meet capital requirements. BaFin has taken the following measures: freezing the asset reserves of Ethena GmbH, restricting the management's disposal rights over the assets, closing related functions of its official website, and appointing a commissioner to oversee the execution. In addition, BaFin suspects that Ethena GmbH has illegally offered sUSDe security tokens to the public without providing the necessary prospectus. Currently, Ethena GmbH customers are temporarily unable to redeem USDe tokens, but trading in the secondary market is not restricted. As of now, approximately 5.4 billion USDe tokens are in circulation. BaFin will continue to assess whether to fully reject its compliance license application under MiCAR.