- Pin
- #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!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww - 🏁 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
The latest headlines and the general market situation in the cryptocurrency market can be summarized as follows:
Overall Market Situation and Bitcoin:
* Uncertainty and sideways movement: The Bitcoin price is moving sideways at 105,000 US dollars due to global uncertainties such as US trade tariffs and a weakening economic situation.
* Downward momentum: Altcoins also experienced losses as Bitcoin fell below 105,000 US dollars in the last 24 hours.
* Corrections in a Bull Market: Experienced investors indicate that corrections of about 30% in bull markets are normal.
Institutional Developments and Acceptance:
* Crypto Collateral from JPMorgan: JPMorgan, one of the largest banks in the USA, is preparing to accept cryptocurrency-related assets from its trading and wealth management clients as collateral for loans. This is seen as an important step towards institutional acceptance of the crypto markets.
* Trump Media & Technology Group submits Bitcoin ETF application: The Trump Media & Technology Group has filed a registration statement for a Bitcoin ETF. This development shows that former US President Donald Trump's actions regarding cryptocurrencies continue to generate market interactions.
* Tether Investments: Tether, the largest stablecoin provider in the digital assets space, announced that it has invested in the digital asset platform Orionx to strengthen the digital payment infrastructure in Latin America.
* Report from Standard Chartered: According to Standard Chartered, 61 publicly traded companies own 3.2% of the Bitcoin supply, indicating that the institutional Bitcoin reserve strategy is trending.
Further important headlines:
* Consensys' Ethereum bet: Consensys is said to have made large purchases when Ethereum (ETH) rose.
* Fed and Crypto: It is said that the significant shift in tasks at the Fed could represent a "turning point for Crypto."
* Trends in Memecoins and DeFi-Coins: While Memecoins have been declining recently, it is observed that DeFi-Coins (Decentralized Finance) are gaining momentum.
#Initial Jobless Claims Released#
#Trump Files for Bitcoin ETF#
#Crypto Market Pullback#