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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
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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
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- #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
Saylor's Tweet "HOPE" About Bitcoin Spreads Strongly in the Context of Market Recovery
Michael Saylor has just broken his routine and this is drawing attention in the crypto world. The Executive Chairman of MicroStrategy tweeted his daily Bitcoin message earlier than usual, sharing a bold message: "Bitcoin is hope." Along with the tweet, he also attached an AI-generated image of himself standing in the desert next to a blooming cactus - a striking metaphor for the resilience of Bitcoin even in the harshest conditions. Time? That's right. Bitcoin has just started to recover after last week's sharp drop of 4.2%, rising 1% today to trade at $104,720 ( direct exchange rate ). As usual, Saylor's message comes at the most crucial time.
"Bitcoin Is Hope": A Vision for the New Financial Era Saylor's tweet, "Bitcoin is hope," reflects his belief that cryptocurrency can change people's lives. Echoing Max Keiser, Saylor asserts that using Bitcoin instead of fiat currency could end international conflicts arising from the monetary system. Moreover, his tweet, "If you have everything, you don’t need Bitcoin," emphasizes the ability of cryptocurrency to help those in need. Saylor's vision of the future of decentralized finance is becoming solidified as Bitcoin stabilizes after market shocks caused by tensions in the Middle East. MicroStrategy's Bitcoin Empire Develops MicroStrategy, under the leadership of Saylor, continues to aggressively accumulate Bitcoin. The company recently added another 100 million dollars in BTC, bringing the total BTC held to 582,000 BTC, worth over 61 billion dollars. This week, MicroStrategy raised the value of its Bitcoin-backed STRD stock offering on Nasdaq from $250 million to $1 billion, reinforcing its position as the leading Bitcoin treasury company. In summary The Twitter post " Bitcoin is hope " by Michael Saylor and MicroStrategy's purchase of Bitcoin worth 100 million dollars, totaling 582,000 BTC, signals strong optimism as Bitcoin recovers 1% to 104,720 dollars. The STRD stock offering supported by 1 billion dollars worth of Bitcoin on Nasdaq only speaks to Saylor's vision for the future of DeFi.