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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
📍 Follow Gate_Square, vote and drop your reason.
🎁 4 winners split $100 Futures Voucher! - 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 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.
#PI# [ Aug 11 Update news ] New CLARITY Act Raises 20% Ownership Limit, Ripple’s XRP Faces Security Risk Amid Increasing Sell Pressure from Millions of Korean Investors
The updated CLARITY Act states that tokens with over 20% ownership held by a single entity or affiliates cannot be classified as commodities. Ripple’s XRP is affected because Ripple Labs controls about 40% of its supply under escrow.
it may be including SOL, SUI, ADA, SOON, PENGU, DOGE, Alts as Security chance high. such as these token are over 20% from their foundation.
This concentrated ownership increases the chance that XRP will be classified as a security under U.S. law, leading to stricter regulations. The Act signals tougher rules for digital assets with similar ownership patterns, impacting market classification and oversight.
Ripple’s XRP price recently surged amid positive regulatory news, but this ownership rule presents a significant challenge for its legal status and future trading environment.
Moreover, millions of XRP investors in South Korea have been increasingly facing strong selling pressure, contributing to significant XRP sell-offs on Korean exchanges. This growing sell pressure intensifies the challenges for XRP's market stability and outlook #PI#
#Show My Alpha Points# #Gate & WLFI USD1 Points Program#