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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
- Limited-Time Airdrop Is LIVE — Don't Miss Out!
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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
Google Updates Advertising Policy: Bitcoin Ads Are Coming!
On Monday, January 29, Google is preparing to update its advertising policies to allow the advertising of certain cryptocurrency products. This policy change means that recently launched spot Bitcoin ETF ads will be able to run.
However, Google's policy update creates some ambiguity by referring to permitted products as "advertisers offering Cryptocurrency Coin Trust targeting the United States." Notably, the Grayscale Bitcoin Trust (GBTC), one of the largest BTC trusts, recently converted to a spot BTC ETF following the SEC's approval.
Previously, GBTC shares were only available to accredited investors in the primary market, subject to a six-month holding period. Accredited investors must meet certain financial criteria, such as having a net worth of over $1 million or generating high income.
In contrast, spot Bitcoin ETFs are publicly traded in the United States and are regulated under the Securities Act of 1933. This makes them a potentially safer option for Google to consider in advertising. The policy update is seen as a positive development, especially given Google's wide reach and influence in increasing awareness and inflows for its 10 spot Bitcoin ETF issuers. BlackRock's IBIT is currently in the lead, with the largest AUM recently surpassing $2 billion.
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