- Topic1/3
37k Popularity
19k Popularity
3k Popularity
25k Popularity
17k Popularity
- Pin
- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
- 📢 Gate Square #TopContentChallenge# is coming! Post high-quality content and win exclusive rewards!
🌟 We will select outstanding posts for exposure, and help elevate your influence!
💡 How to Participate?
1.Add the #TopContentChallenge# tag to your post.
2.Posts must be over 60 characters and receive at least 3 interactions (Likes/Comment/Share).
3.Post may include only the #TopContentChallenge# tag.
🎁 We’ll select 1 top post to win $50 Futures Voucher every Tuesday and Thursday!
📃 High-quality posts will be shared on Gate Square and labeled as [Featured Posts]!
📌 Rewards will be distribu
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
The most recent report from investment firm, Matrixport, sheds light on keys for traders of Ethereum's cryptocurrency, ether (ETH).
In principle, it notes that the weekly fees generated by the Ethereum network reached their lowest in the last three years a month ago. These were $12.1 million (USD) and have since nearly doubled.
In this way, they exhibit some recovery to levels that are not yet the best of 2023, as seen below. For Matrixport, this shows that revenue on Ethereum has bottomed out and there is "a tactical position at play."
The company explains that the current weekly fees indicate minimal interaction with decentralized finance (DeFi) applications, nonfungible token (NFT) issuance, and other activities. And he expects it to recover eventually, benefiting traders who take positions today.
As for the cryptocurrency's price, the investment company stresses that "as long as ETH remains above $1,800, traders should remain bullish."
The reason for this is that the price of the coin has managed to make "a double breakout". On the one hand, it has broken the descending trendline of lower and lower highs, which is marked in black on the chart. On the other hand, it has broken above the support bottom at $1,550 to the current levels.
Matrixport further mentions that bitcoin's (BTC) dominance in the cryptocurrency market peaked on Oct. 26 at 53.4% and has since declined to 51.8%. Meanwhile, the trading volume ratio of bitcoin and ether has fallen by half.
"Both indicators signal that the 'peak' interest in BTC is behind us and that altcoins (including ETH) have a chance to perform better," Matrixport said.
In addition, he highlighted that when the ETH-BTC ratio is at its lowest point as it currently is (black line of the chart), its MP Greed & Fear indicator suggests that altcoins could outperform BTC.