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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
When a Bear Market comes, most longs will lose all the money they made in the Bull Market. Because they are unwilling to accept it and are not reconciled, they always think they can make a Rebound bet and run. In the end, they are heavily liquidated one after another. Until a new wave of suckers enter the market, a new Bull Market begins, and Bear Market longs can only short Bitcoin. It's always right to short shitcoins, especially DOGE and Ethereum, because there are too many retail investors. They may cause a stampede, so just take the short orders. DOGE is approaching 0.1, and Ethereum is around 1200.