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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
Bircoin Halving is estimated on April 20, but there is a collapse in the market 3 days before Bitcoin halving. Everyone's excitement was broken and people were wondering what would happen when the halving came.
Effect of Bitcoin halving
There are only a few days left until BTC halving, and every 210,000 blocks will be mined, and the proportion of tokens in circulation will be systematically reduced. Halving, which will balance the supply-demand relationship, could reverse the current decline in the BTC price, and if demand increases, the price will rise again.
This week, both macro factors and economic developments in the cryptocurrency market will play a significant role in the BTC price. On the other hand, the upcoming halving may set the stage for the start of a bull run in the altcoin market. Still, everyone needs to be careful, it is still unclear where the markets will go.
#ContentStar# #Gate post Highlights#
#HotTopicDiscussion# #BountyCreator#
#GateLive# #NewsMessenger#
#BTC# #DUCK# #ICP# #MYRO#