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- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
A-Level:
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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
2. Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
3. Global Compliance: One of the few crypto platforms legally operating across multiple regions.
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- 🔵 #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
🔵 #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
What’s your take—will they increase thei - 🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts! - 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Bitcoin Bull Run Back? Daily RSI Shows Slight Price Rise Momentum
Bitcoin has risen quite strongly since mid-April, from below 85,000 dollars to a peak of 104,700 dollars in the past month. The largest cryptocurrency market has seen a positive shift in investor sentiment and new capital flowing in, particularly through exchange-traded funds (ETF) BTC. Interestingly, this leading cryptocurrency seems to be showing some signs of fatigue, especially after failing to break out of the consolidation range of $102,000 – $105,000 over the past week. This sluggish price action has raised questions about the sustainability of the recent bullish momentum. BTC Still Lacks Aggressive Price Increase: Cryptocurrency Expert Market technical expert (CMT) Tony Severino has taken to platform X to share interesting insights on the price movements of Bitcoin over the past few weeks. According to this cryptocurrency expert, BTC price may be lacking a classic technical behavior, often correlated with strong bullish momentum. The theoretical basis behind this observation is the recent movement of the daily Relative Strength Index (RSI) indicator on the Bitcoin price chart. The Relative Strength Index is a momentum indicator used in technical price analysis to estimate the speed and amplitude of price changes of an asset. The RSI oscillator is commonly used to analyze whether a cryptocurrency asset is overbought or oversold, signaling a potential trend/price reversal. An RSI value above 70 typically indicates an overbought market condition, while a relative strength index value below 30 signals an oversold condition.
According to Severino, historical Bitcoin bull runs coincide with a rapid increase of the RSI oscillator above the 70 threshold, reflecting overwhelming buying pressure in the market. This pattern is easily observed in the chart below, as highlighted during the price surge in October 2023 and the breakout following the elections in November 2024. However, the current price action of Bitcoin seems more cautious and less convincing. While the leading cryptocurrency is recovering from the dull start of the year, the relative strength index has yet to show a clear breakout above 70( typical of significant bullish expansion. Severino noted that the bullish momentum of Bitcoin —indicated by the RSI surpassing 70—could appear at any time. If the bullish strength does indeed manifest, investors may see BTC prices break out of the current consolidation range and head towards all-time highs. Overview of Bitcoin Price
As of the time of writing this article, BTC is valued at approximately $103,676, reflecting no significant price fluctuations in the past 24 hours. The sluggishness of yesterday highlights the performance of this leading cryptocurrency over the past week. According to data from CoinGecko, the price of Bitcoin has only increased by 0.8% in the past seven days.