#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
Analyst: The road to future interest rate cuts may be more complicated
On November 8th, Golden Data reported that Ben Vaske, a senior investment strategist at Orion Investment Portfolio Solutions, stated that the FOMC announced a 25 basis point drop in interest rates as scheduled today, indicating a decrease in their aggressiveness compared to the rate cut in September. It is worth noting that since the first rate cut, the long-term Interest Rate has been on a sharp rise and began to decline after today's announcement of the rate cut. Against the backdrop of a strong U.S. economy, the future path for the Fed may be more complicated than a steady rate cut.