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- 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
Let’s cheer on crypto beginners together!
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If merchandise cannot be shipped, it will be replaced with a $30 Futures Voucher
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Sentora: The on-chain volume share of Bitcoin miners has dropped to about 3.3%, the lowest level since November 2022.
BlockBeats reported that on July 8, Sentora (formerly IntoTheBlock) stated that the proportion of Bitcoin miners in on-chain trading volume is at its lowest level in years. Currently, miner transactions account for about 3.3% of on-chain trading volume, the lowest level since November 2022. A decrease in the proportion of miner transactions usually indicates that they are more inclined to hoard Bitcoin rather than trade frequently, opting to reduce dumping in anticipation of a price rise. November 2022 coincided with the low point of the crypto market (during the FTX collapse), and the current low proportion may suggest a greater wait-and-see sentiment.