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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.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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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
XRP once again becomes the third largest cryptocurrency by Market Cap, returning to the level before the SEC/Ripple lawsuit
Odaily Planet Daily News: FOX Business journalist Eleanor Terrett wrote that the market capitalization of XRP has just surpassed USDT, becoming the third largest cryptocurrency by market capitalization, returning to the level before the SEC/Ripple lawsuit. Before Hinman's speech in June 2018, the SEC once regarded BTC and ETH as non-securities, on the grounds of 'sufficient Decentralization', while at that time XRP was actually the second largest Cryptocurrency by Market Cap, just behind ETH. After the speech, ETH's Market Cap surpassed XRP in November 2018. In the so-called 'Hinman email' discovered in the Ripple case, it was revealed that some officials within the SEC held differing views on the speech and were concerned that the speech might impact the regulatory status of other cryptocurrencies. Six years later, the regulatory status remains unclear.