#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
Goldman Sachs Chief Economist: Trump Will Not Restart 'Reciprocal Tariffs' on July 9
On June 19, Goldman Sachs Chief Economist Jan Hatzius predicted that Trump would not reinstate "reciprocal tariffs" on July 9. Speaking at an event at the American Enterprise Institute, a conservative think tank, Hazus suggested that the White House is more likely to extend negotiations with trading partners than to strictly enforce the July 9 deadline. Hazus' team estimates that the overall U.S. tariff rate has risen by about 10 percentage points this year. "We expect another 4 to 5 percentage points of targeted tariffs of 25% on semiconductors, communication equipment, pharmaceuticals, copper, etc. This is a significant additional tax hike that we believe will still be implemented." (Golden Ten)