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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
$USTC spikes over 35% with Latest Proposal for deep stablecoin, Cosmos token liquidity on Terra
$USTC, the decentralized & algorithmic stablecoin of the Terra Classic blockchain, is up over 35% in the past 24hours, & now trades around $0.036593, with inflow of $11.38M, as per Gate.io chart.
This follows the report that Terraform Lab (TFL) will collaborate with Astroport contributors to create a stableswap USDC-USDT pool & an ATOM-LUNA PCL pool. The move is in line with the proposal to have the deepest stablecoin liquidity in Cosmos, becoming the only ecosystem that has “defi-sufficient” liquidity for both Cosmos and non-Cosmos blue-chip assets.