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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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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
Analyst: TVL of multiple Decentralized Finance projects, including Polygon, has dropped over 90% since the last cycle.
Odaily Planet Daily News On-chain analyst @0xThoor wrote in X, 'Based on DefiLlama TVL data indicators, many chains of the past few years/cycles are now completely dead:' $1.7 million (-99.9%) • Aurora: 13 billion US dollars -> 14 million US dollars (-98.9%) $2.4 million (-99.3%) 8 million dollars (-96.1%) $300,000 (-97.5%) Polygon TVL has also decreased by 92% from $9.9 billion in 2021 to $770 million, while the TVL of Polygon zkEVM (which was heavily promoted some time ago) is only $6 million. In the next few years, it is expected that more projects will follow suit.