#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
Macquarie: The yen is expected to rise to 135 by the end of the year and break above 120 in two years.
Golden Ten Data on August 26, Macquarie strategists Gareth Berry and Thierry Wizman believe that the Federal Reserve's recent interest rate cut signal will push the yen to rebound, and the yen will rise to 135 against the dollar by the end of the year. Fed Chair Powell's speech in Jackson Hole "set the stage for a months-long rebound in the yen." The Fed's rate cut will weaken the Forex spreads earned by JPY SHORTS and encourage Japan investors to fill their FX hedging positions. In addition, strategists expect the yen to rise above 120 against the dollar within two years.