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- 🏁 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
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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
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Trump's remarks on the EU-Japan trade relations are tough, and tariff expectations may put pressure on market risk sentiment.
On June 17, Trump's latest remarks said that the European Union has not yet provided a fair agreement. Although it is possible to make a deal with Japan, they are "tough". He also noted that tariffs on pharmaceuticals are imminent. Some analysts said that Trump's remarks were mainly focused on the issue of tariffs. But the analyst believes that tariffs are no longer so important, as the July (tariff suspension) deadline will be extended if needed, and the market has already priced in an average tariff rate of 10%. In addition, businesses are still considering a 10-20% tariff rate. Positive expectations for global growth now rely on Trump's "Big Beautiful Act" and interest rate cuts. Negative outcomes on these fronts could lead to a repricing of expectations and weigh on risk sentiment.