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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event - 5 Days Left!
Share Alpha trading screenshots with #Gate Alpha Trading Share# to split $100!
🎁 10 lucky users * 10 USDT each
📅 July 4, 4:00 – July 20, 16:00 UTC+8
Gate Alpha 3rd Points Carnival Issue 10 is in full swing!
Trade and post for double the chances to win!
Learn more: https://www.gate.com/campaigns/1522alpha?pid=KOL&ch=5J261cdf
- 📢 Gate has released its latest Proof of Reserves report!
As of July 11, 2025:
💰 Total reserves reached $10.504 billion
📈 Reserve ratio stands at 126.03%
✅ Covers over 350 types of user assets
🔼 Surplus reserves increased 10.66% to $2.17 billion
Committed to transparency and user fund security.
📎 Learn more: https://www.gate.com/proof-of-reserves
- 📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Bitcoin fell to the 50-day SMA support price from the previous rebound, and a break below may trigger selling pressure.
Gate News bot message, the Bitcoin price has fallen back to its 50-day Simple Moving Average (SMA), which has provided support twice this month, leading to a rebound.
Therefore, the recent retest of the SMA has provided bulls with an opportunity to establish a 50-day SMA support level, pushing prices further up. Conversely, a break below the 50-day SMA support could trigger stronger selling pressure, potentially leading to prices dropping below $100,000.
As of the time of writing, bearish reasons seem quite strong due to the exhaustion of bulls, which can be seen from the shallow rebound of the 50-day SMA recently. During the first test of the SMA on June 5, the price rebounded from around $100,500 to over $100,000. However, during the second test of the SMA on June 17, the price only rebounded from $103,000 to $109,000.
The Doji candle from the past week also suggests a weakening bullish trend above $100,000. A strong trading volume is needed to break through $110,000 to restore the current bullish outlook.
Source: CoinDesk