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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event - 5 Days Left!
Share Alpha trading screenshots with #Gate Alpha Trading Share# to split $100!
🎁 10 lucky users * 10 USDT each
📅 July 4, 4:00 – July 20, 16:00 UTC+8
Gate Alpha 3rd Points Carnival Issue 10 is in full swing!
Trade and post for double the chances to win!
Learn more: https://www.gate.com/campaigns/1522alpha?pid=KOL&ch=5J261cdf
- 📢 Gate has released its latest Proof of Reserves report!
As of July 11, 2025:
💰 Total reserves reached $10.504 billion
📈 Reserve ratio stands at 126.03%
✅ Covers over 350 types of user assets
🔼 Surplus reserves increased 10.66% to $2.17 billion
Committed to transparency and user fund security.
📎 Learn more: https://www.gate.com/proof-of-reserves
- 📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Current state of the cryptocurrency market: Downward trend continues
Cryptocurrency News – The expected rise in the altcoin market has not yet occurred, and heavy liquidations have taken place. Many events have occurred throughout the week, so we will first explain the reason behind this collapse. In explaining the reason behind the collapse, we will make use of the cryptocurrency analyst Michael Van de Poppe's YouTube video. The analyst, who has high expectations for the altcoin market, still says he trusts his portfolio. Now, let's take a deep dive into the analyst's video.
There are many reasons behind this collapse. First, there is the re-dissolving carry trade of the Japanese yen, which is why the Bank of Japan's interest rate hike a week ago was a trigger. The same situation occurred in August 2024 and there was a bigger crash in the markets. Then, tariffs were announced by Trump for Mexico, Canada, and China. The real event started at this point and there was a big increase in the dollar in the markets on Sunday. However, it weakened on Monday.
The second reason for the correction in the crypto markets is that USCT is not listed on multiple exchanges, which leads to low liquidity. Finally, the first week of each month generally starts with a downward trend. In the midst of this negative news flow, there were several positive news on Monday and Tuesday. Eric Trump, Donald Trump's son, tweeted that it was a great time to buy ETH. We can say that Trump confirmed that he bought Ethereum before the crash. He was buying 200 million ETH in a global fund called Liberty Finance. In addition, the US held a press conference on digital assets, on top of imposing a one-month customs duty on Mexico and Canada. All of these developments have reversed the markets. Poppe believes that these types of market crashes will bring about a reversal.
The information in the text is purely for informational purposes. It does not constitute any investment advice. CryptoNews.com is not responsible for any profit or loss resulting from your investments. Ultimately, investment is based on many factors such as knowledge, experience, research, and personal decisions.
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