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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
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
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Start your engines & trade fast
Top the leaderboards. The Race is ON!
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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!
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👉 https://www.gate.com/campaigns/1227
- #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
Analysts: Due to the continuous rise in Money Supply, BTC may be pushed up to $132,000 by the end of the year.
Odaily News On April 2, the Trump administration announced the implementation of a comprehensive reciprocal tariff policy, hoping to reverse a $1.2 trillion trade deficit. This move caused the S&P 500 index to experience a big dump of 9.7% over two days, with a market capitalization evaporating by $5.4 trillion, marking the largest drop in history, surpassing the $3.3 trillion record during the pandemic crash in March 2020. The Nasdaq 100 index's tech stocks were severely impacted, with a single-day fall reaching the highest since 2022. During the same period, Bitcoin only fell by 3.7%, maintaining the critical support level of $82,000. Analysts are confident about Bitcoin's upward potential for the remainder of 2025. Jamie Coutts, Chief Crypto Analyst at Real Vision, stated that the increasing money supply could push Bitcoin's price above $132,000 before the end of 2025. (Cointelegraph)