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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
Dubai's Virtual Assets Regulatory Authority issues a warning for MEMES investors
BlockBeats news, on February 14, according to Cointelegraph, the Dubai Virtual Asset Regulatory Authority (VARA) issued an investor warning, requiring Meme coins issued in Dubai to comply with VARA's regulatory requirements. VARA reminds investors to pay attention to the risks associated with Meme coins, "such assets are highly speculative, volatile, and easily manipulated by the market. Many of these assets lack Intrinsic Value, and their prices are mainly driven by social media trends, hype, or misleading marketing strategies." According to regulations, Meme coins issued in Dubai must comply with marketing regulations in terms of promotion, advertising, etc. Institutions that violate marketing rules may face fines of up to $135,000. In addition, VARA also warns that the authority has the right to restrict access to meme coin platforms without prior notice.