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- 🏁 Gate Red Bull Racing Tour 2025 In Full Swing!
Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
Exclusive for new Gate users:
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
HOT DEVELOPMENT: Fed's Highly Anticipated Beige Book Document Released! Here are the details
The eagerly awaited Beige Book report on the FED's economic outlook has been published. The report, which includes the views of the 12 regional Fed branches across the country, revealed that economic activity has slightly declined since the last report.
According to the report, the economic outlook has deteriorated in some regions, while improvement has been observed in others. While it was stated that there was no significant change in employment, it was noted that price increases continued at a moderate pace.
Several zones reported that cost increases are strong, significant, or noteworthy. All zones emphasized that rising customs tariffs are creating upward pressure on costs and prices. It was also stated that these costs are planned to be passed on to consumers within the next three months.
This report was prepared by the St. Louis Federal Reserve Bank.
*It is not investment advice.
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