🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
Only 1 day left! Your favorite creator is one vote away from TOP 10. Interact on Square to earn Votes—boost them and enter the prize draw. Prizes: iPhone 16 Pro Max, Golden Bull sculpture, Futures Vouchers!
Details 👉 https://www.gate.com/activities/community-vote
1️⃣ #Show My Alpha Points# | Share your Alpha points & gains
Post your
The financial market is currently under the influence of multiple factors. The S&P Dow Jones Indices is considering launching tokenized products, which could open new avenues for the integration of traditional finance and digital assets. At the same time, the cryptocurrency market has seen significant movements, with a large holder transferring 7,625 Bit to an unknown wallet, attracting market attention.
The Standard Chartered Bank report indicates that the Norwegian central bank has increased its holdings of Bitcoin-related assets by 83%, reflecting a shift in traditional financial institutions' attitudes towards digital assets. However, the cryptocurrency market is not without its turmoil, as BlockSec disclosed that D3XAT was attacked, resulting in approximately $160,000 in losses, highlighting the importance of security in digital assets.
At the global economic level, the actions of the Federal Reserve are attracting significant attention. The upcoming release of the Federal Reserve's meeting minutes and Powell's speech could have a major impact on market trends. Meanwhile, the geopolitical situation remains tense, with an advisor to the Ukrainian president emphasizing that a ceasefire is a prerequisite for Russia-Ukraine negotiations.
The Bitcoin market is under tremendous pressure and may further decline in the short term. In the past 24 hours, the total liquidation amount across the network reached $261 million, of which 79% were long positions, indicating the uncertainty and risk in the market.
These events intertwine to outline a complex global economy and encryption market landscape. Investors need to closely monitor these developments to make informed decisions in a volatile market.