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Gate Alpha will launch VELVET on July 10, 2025. Users participating in trading can receive 500,000 VELVET and points Airdrop. VELVET is an AI-driven Decentralized Finance system that supports multiple chains, allowing users to discover and execute strategies through natural language. The event lasts until July 15 and offers various trading rewards to encourage user participation, promoting Web3 investments.

The recent geopolitical tensions have affected the crypto market, with Bitcoin significantly pulling back to around $103,000, while Ethereum has fallen but institutional investors remain actively involved, with the market focusing on the $2,320 support level. Analysts point out that Bitcoin and Ethereum may experience fluctuations in the short term due to geopolitical factors, while a new rising cycle may be on the horizon.

Gate Alpha is dedicated to addressing the complexities of Crypto Assets trading and the challenges of potential asset capture by simplifying user operations and enhancing asset identification capabilities through one-click trading, AI data analysis, and multi-chain support. At the same time, it also provides security guarantees and low-threshold incentives, redefining the Web3 trading experience.

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The global financial market is volatile due to geopolitical tensions, with Bitcoin and Ethereum experiencing a pullback. Institutional investors are still actively positioning themselves in Ethereum, and the market is focusing on technical support levels. The cryptocurrency asset market is undergoing a shift from being led by retail investors to being led by institutions, with regulatory frameworks and technological innovations driving market development.