#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
Bitcoin Price Holds Steady as XRP, Litecoin, OmiseGO, and Siacoin Eye Bullish Movement
Bitcoin has continued to trade within a narrow range recently, while other cryptocurrencies like XRP, Litecoin, OmiseGO, and Ontology are eyeing potential gains. This steady consolidation in the Bitcoin market indicates a period of indecision among traders, with prices moving sideways as bulls and bears struggle for control.
XRP, the native digital asset of the Ripple network, has shown signs of bullish momentum, with its price aiming for higher levels. Similarly, Litecoin, OmiseGO, and Ontology are also looking to make gains as the overall cryptocurrency market sentiment remains positive.
Investors are closely monitoring these altcoins to gauge market trends and potential price movements. The recent stability in Bitcoin’s price has created opportunities for other cryptocurrencies to potentially break out and experience significant gains.
Traders are advised to stay informed and keep a close eye on the market to capitalize on potential opportunities. As always, it is essential to conduct thorough research and exercise caution when trading cryptocurrencies to minimize risks and maximize returns.
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