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Hundreds of contracts settled in USDT or BTC
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Buy low and sell high to take profits from price fluctuations
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Pledge one crypto to borrow another
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Stake cryptos to earn in PoS products
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- 🎯 To further enhance the user experience on Gate Square, we sincerely invite you to take part in our first User Experience Survey 👉 https://www.gate.com/questionnaire/7086
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📅 Survey Period: Sep 19 – Oct 9 - 💥 Gate Square Event: #PostToWinPORTALS# 💥
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Alpha Trading Competition: Join for a chance to win rewards
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👉 https://www.gate.com/announcements/articl - 🌕 Gate Square · Creator Incentive Program Day 10 Topic– #Fed Cuts Rates By 25 Bps# !
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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If merchandise cannot be shipped, it will be replaced with a $30 Futures Voucher
✨ You’re not alone—join #GateNewbieVillage# today! - 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 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,
The cryptocurrency market is experiencing another wave of undercurrents. Recently, several large investors have shown a strong interest in Ethereum (ETH), attracting market attention.
It is reported that an anonymous over-the-counter (OTC) large trader purchased 25,000 ETH at an average price of $4,493, with a total investment amounting to 112 million USDC. This substantial transaction undoubtedly sends a strong bullish signal to the market.
Meanwhile, another address considered to be institutional-grade followed closely behind, purchasing 18,000 ETH. It is worth noting that this address had previously profited over 74.92 million dollars from the price fluctuations of ETH, demonstrating its precise investment insight.
As large amounts of capital flow in, well-known figures in the industry have also begun to speak out. Tom Lee, co-founder of BitMEX, publicly stated that he expects significant growth in Bitcoin (BTC) and Ethereum (ETH) within three months after the rate cut.
Do these trends indicate that the cryptocurrency market is about to welcome a new round of increases? Although retail investors may still be adopting a wait-and-see attitude, the actions of this "smart money" seem to have quietly made choices for the future direction of the market.
However, investors should remain cautious. The cryptocurrency market has always been highly volatile, and even the actions of large investors cannot guarantee future trends. Before making any investment decisions, it is advisable for investors to fully understand market risks and conduct comprehensive research and analysis.