- Topic1/3
31k Popularity
21k Popularity
38k Popularity
8k Popularity
20k Popularity
- Pin
- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
- 🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
🎁 Prize pool over $10,000! Win Huawei Mate Tri-fold Phone, F1 Red Bull Racing Car Model, exclusive Gate merch, popular tokens & more!
Try your luck now 👉 https://www.gate.com/activities/pointprize?now_period=12
How to earn Growth Points fast?
1️⃣ Go to [Square], tap the icon next to your avatar to enter [Community Center]
2️⃣ Complete daily tasks like posting, commenting, liking, and chatting to earn points
100% chance to win — prizes guaranteed! Come and draw now!
Event ends: August 9, 16:00 UTC
More details: https://www
The UK plans to sell $7 billion worth of seized Bitcoin, BTC hits a new high of $123,000.
Crypto Assets industry recent important developments
Regulation and Policy
The UK plans to sell a large amount of seized Bitcoin to fill the fiscal gap. The Home Office is working with the police to prepare for the sale of approximately $7 billion worth of seized Crypto Assets. The government will establish a framework to allow law enforcement agencies to securely store and sell frozen digital currencies.
Salvadoran financial officials stated that no Bitcoin has been purchased since February 2025, which contradicts the government's claims. An official letter stated that the number of Bitcoins held by the public sector remains unchanged, contrary to President Bukele's claim of purchasing one Bitcoin daily.
The Shanghai Pudong New District Court announced a case of cross-border illegal currency exchange. The criminal gang used stablecoins as a medium and realized cross-border fund transfers through the operation of shell company accounts, with an amount involved reaching 6.5 billion yuan.
Market Dynamics
Bitcoin reached a new high of $123,000 this week, while Ethereum broke through $3,700.
Some on-chain addresses accumulated 391,000 ETH this week, worth approximately $1.4 billion.
The NFT market transaction volume increased by 29% month-on-month to $159.6 million, with Pudgy Penguins transaction volume rising by 247%.
The Indian crypto exchange CoinDCX is suspected to have been hacked, resulting in losses of approximately $44.2 million. The official statement claims that customer funds have not been affected.
A certain whale bought 47,121 ETH through FalconX in the last day, valued at approximately $169 million.
Corporate Dynamics
Binance Alpha will launch the Yala(YALA) token on July 22.
CoinDCX claims that internal operational accounts have been hacked, but customer asset safety is assured.
Character Perspectives
Binance founder CZ clarified in a new post that "the Crypto Assets market is volatile" has no special meaning.
The U.S. Deputy Secretary of the Treasury expects the demand for stablecoins to reach trillions of dollars.