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Up to now, the total trading volume exceeded $2 billion, with top trader trading volume nearing $200 million
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
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- #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars#
Gate has released its latest Proof of Reserves report! As of June 2025, the total value of Gate’s reserves stands at $10.453 billion, covering over 350 types of user assets, with a total reserve ratio of 123.09% and an excess reserve of $1.96 billion.
Currently, BTC, ETH, and USDT are backed by more than 100% reserves. The BTC customer balance is 17,022.60, and Gate’s BTC balance is 23,611.00, with an excess reserve ratio of 38.70%.The ETH customer balance is 386,645.00, and Gate’s ETH balance is 437,127.00, with an excess reserve
Anthony Scaramucci: Bitcoin is evolving into a mature international asset
Anthony Scaramucci ( in an interview with Bloomberg stated that the driving force behind the evolution of Bitcoin has been the growing acceptance of cryptocurrency by society — investors are willing to invest money in Bitcoin for the long term. The growth of crypto addresses in the Bitcoin network has significantly accelerated — their number has now surpassed over 300 million worldwide, the businessman reported.
The head of SkyBridge Capital expects that in the future the number of bitcoin owners could reach one billion people, which will be an important milestone in the development of cryptocurrencies. This will reduce the fluctuations in the BTC exchange rate and strengthen the asset's position in the long-term portfolios of investors, believes Scaramucci. The decrease in bitcoin volatility will attract more large corporate entities to the crypto industry, whose positive investment experience in digital assets could contribute to an increase in the number of large coin holders.
"Ultimately, we are witnessing the evolution of bitcoin from a technological asset into something more akin to digital gold. The question arises: is bitcoin an investment or an asset class? If it is an investment, then a market capitalization of bitcoin at $1–3 trillion makes perfect sense. But if it is an asset class, it should trade closer to the boundaries where gold currently stands. That is $22–23 trillion," said Scaramucci.
Recently, Scaramucci suggested that the rise in the price of Bitcoin may slow down against the backdrop of the trade war between the USA and other countries, as it intensifies economic uncertainty. Earlier, the entrepreneur doubted that US President Donald Trump is truly ready to support the development of the crypto industry.