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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
Elon Musk's Artificial Intelligence Predicts 180% Giant Rally for Ethereum: Here is the Target Date!
Ethereum, the second-largest cryptocurrency by market cap, is a leader in Web3 and decentralized finance (DeFi). ETH, which increased by almost 100% in 2023, wants to offer its investors an optimistic outlook in 2024 as well.
As we reported Koinfinans.com, Grok AI, which was founded by Elon Musk and has a direct connection to X, expects the ETH price to be in the range of $ 4000-5000 by the end of 2024. AI states that the highest value in 2024 could be $6500, while recommending a bottom of $2500.
The AI forecast is extremely bullish as ETH is currently trading at $2,306 at press time. However, Grok is still analyzing on inaccurate data because the market is already below the minimum. Analysts, who indicated this detail to artificial intelligence, received a different answer.
While Grok uses old data from time to time, he seems to have covered more recent developments and potential potentials in Ethereum price prediction. If the AI's prediction holds, it means an average price increase of 74% on an annual basis. However, reaching the maximum price prediction represents a high rate of 180%.
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