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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
Analyst: The rise in CPI should suppress the possibility of The Federal Reserve (FED) cutting interest rates.
On June 11, Han Tan, chief market analyst at Exinity Group, said: "The market is well aware that the road to a trade deal between major economies has not been smooth sailing. As long as there is a risk of further escalation of global trade tensions, or even just keeping them high for longer, gold should continue to find support." The CPI is likely to provide investors with more guidance on the Fed's policy path. "The market expects CPI data to rise, which should dampen the possibility of Fed rate cuts." Tan added. "We expect the silver price to reach $38/oz in the coming months. Market deficit considerations and a weaker US dollar are key factors for the price to move higher further, with the potential to test $40/oz." (Golden Ten)