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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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✅ 5,000 GT Prize Pool
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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
Analysis: Bitcoin's market dominance exceeding 60% has reached the resistance zone, which may be beneficial for alts.
PANews April 12 news, according to Newsbtc, cryptocurrency analyst El Crypto disclosed data showing that Bitcoin's market dominance has exceeded 60% and has reached resistance zones. Judging from the historical trend over the past year and a half, this trend has entered the pullback area, while the Relative Strength Index (RSI) is also in the Overbought zone, which indicates that the market may be favorable for alts or may welcome a Rebound. In addition, cryptocurrency analyst Kevin Capital seems to hold an optimistic view on the subsequent market of alts, however, he warns that the situation for ETH may be different, as ETH has performed poorly throughout the cycle.