- Pin
- #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!
🎁 Meanwhile, Gate’s BTC Staking event is in full swing! Simply stake your BTC and earn up to 3% APY. Click the link to start staking and enjoy your earnings: https://ww - 🏁 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
Join the race now & fuel your trades for real-world rewards:
✅ 5,000 GT Prize Pool
✅ VIP Seat at an F1 Grand Prix
✅ Futures Vouchers for New Signups
Start your engines & trade fast
Top the leaderboards. The Race is ON!
👉 Go Now: www.gate.com/competition/f1rb/s1
#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
Willy Woo: If there is no more buying pressure this week, the market may再次陷入盘整.
Gate News bot news, analyst Willy Woo stated that if there is no more buying pressure this week, the Bitcoin market may fall into a long-term consolidation again.
He claimed that the momentum of Bitcoin, which surged from $75,000 on April 7 to just below $112,000 on May 22, is "starting to weaken," and pointed out that "this week is crucial; if we do not have follow-up action, the market will face consolidation again."
Woo stated that in the short term, "later speculators" are going long, while potential profit-taking "is ready to sell," as indicated by the Bitcoin spent output profit ratio (SOPR) (Note: SOPR is an indicator that measures the price paid divided by the price sold).
He said, "This week's spot purchases will have a significant impact on price trends for the next 1-2 months. We are in a key area (pivot zone)."
On the positive side, he noted that risk signals are on a downward trend, and in a broader context, "buyer liquidity is dominant." He stated: "We are preparing for another robust uptrend in the long run."
Source: Cointelegraph