- Pin
- 🏁 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
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#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
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
Exclusive for new Gate users:
📲 Download the APP to claim 2 GT
🎯 Complete simple tasks to share a 3,000 GT reward pool!
Limited time, limited supply — first come, first served!
👉 https://www.gate.com/campaigns/1227
- #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
The 55% bullish setup of Ethereum compared to Bitcoin raises hopes for an 'altcoin season'.
Ethereum (ETH) is forming at least two classic bullish patterns compared to Bitcoin, fueling optimism that a breakout could trigger the next altcoin season.
Ether indicators suggest the next bullish surge of 30-55%
The Ether/Bitcoin ratio (ETH/BTC) is forming a cup and handle pattern as well as a bullish flag pattern, both of which indicate significant growth momentum.
With the cup and handle pattern, ETH/BTC shows the potential for a breakout at the neckline of 0.02596 BTC, with a technical target near 0.03814 BTC, implying a 55% increase in July.
! ETH/BTC Price Chart – 1 Day | Source: TradingViewThe 0.03814 BTC level is in line with the resistance level in December 2024.
On the other hand, the bullish flag pattern indicates a breakout potential towards 0.03235 BTC, approximately 30% higher than the current price, in July. The growth target aligns with the price level in January to February 2025.
According to analyst Trader Tardigrade, the breakout of Ethereum compared to Bitcoin could mark the beginning of the altcoin season in 2025.
Other analysts reinforce the argument for the altcoin season, with Sensei pointing out that the altcoin market capitalization compared to Bitcoin is testing the long-term ascending support trendline.
In the past, each time bouncing up from this level has occurred before major bullish runs of altcoins, which previously led to a 9,000% increase and another time led to a 180,000% explosion in market capitalization.
Meanwhile, analyst Moustache notes that altcoin is breaking out of a 7-year-long falling wedge pattern, which occurred before the major bullish runs in 2017 and 2020, signaling another altcoin season may be approaching.
Vincent