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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
Key Altcoin Developments
* Ethereum (ETH): Staked Ethereum (locked ETH) has reached record levels. More than 28% of Ether supply is locked, driven by institutional treasury purchases, indicating tight liquidity conditions.
* XRP (Ripple): XRP is expected to reach $10 by the end of 2025 due to the adoption of tokenized treasuries. Ripple is also targeting stablecoin-focused growth. The first XRP Spot ETF in Canada has been approved on the Toronto Stock Exchange.
* Solana (SOL): Solana is showing a recovery trend above $140, and bearish momentum has slowed. Solana Open Interest has reached a weekly high.
* TRON (TRX): TRON has surpassed Dogecoin in market value following the progress of the stablecoin bill.