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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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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
Societe Generale: Labor market is hot, Fed expected to cut rates by 25bp in November
Jinshi data on October 5th, BNP Paribas said that the US labor market report, which is firmly pushing the Fed to cut interest rates by 25 basis points in November, rather than 50 basis points, exceeds the market consensus. Next week's CPI report may not change this view, as the overall inflation rate is expected to be driven entirely by fuel prices, and the core inflation rate is expected to remain high.