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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event - 5 Days Left!
Share Alpha trading screenshots with #Gate Alpha Trading Share# to split $100!
🎁 10 lucky users * 10 USDT each
📅 July 4, 4:00 – July 20, 16:00 UTC+8
Gate Alpha 3rd Points Carnival Issue 10 is in full swing!
Trade and post for double the chances to win!
Learn more: https://www.gate.com/campaigns/1522alpha?pid=KOL&ch=5J261cdf
- 📢 Gate has released its latest Proof of Reserves report!
As of July 11, 2025:
💰 Total reserves reached $10.504 billion
📈 Reserve ratio stands at 126.03%
✅ Covers over 350 types of user assets
🔼 Surplus reserves increased 10.66% to $2.17 billion
Committed to transparency and user fund security.
📎 Learn more: https://www.gate.com/proof-of-reserves
- 📢 Gate Square #Creator Campaign Phase 1# is now live – support the launch of the PUMP token sale!
The viral Solana-based project Pump.Fun ($PUMP) is now live on Gate for public sale!
Join the Gate Square Creator Campaign, unleash your content power, and earn rewards!
📅 Campaign Period: July 11, 18:00 – July 15, 22:00 (UTC+8)
🎁 Total Prize Pool: $500 token rewards
✅ Event 1: Create & Post – Win Content Rewards
📅 Timeframe: July 12, 22:00 – July 15, 22:00 (UTC+8)
📌 How to Join:
Post original content about the PUMP project on Gate Square:
Minimum 100 words
Include hashtags: #Creator Campaign
- 🎉 [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 Trump Administration Considers Replacing Jerome Powell, Scott Bessent Confirms
Jerome Powell's term as Chairman of the Federal Reserve seems to be coming to an end. As Treasury Secretary Scott Bessent revealed, the Trump administration is indeed looking for a replacement. In an interview with Bloomberg last week, Bessent stated that the administration will begin in the coming weeks and may announce a replacement in October. Powell's current term will expire in May 2026.
Although Bessent's name has been suggested as a top candidate. He quickly responded that he is not considering the position at this time, "I have the best job in DC," Bessent said, citing his work in completing the tax bill and continuing trade negotiations. But he said, "I will do what the President wants," indicating his willingness to take on this position if officially appointed.
The other candidates in the race are Kevin Hasset, Christopher Waller, and Kevin Warsh. Trump Calls for Immediate Interest Rate Cuts This action comes after increasing pressure from President Trump, who urged Powell to cut interest rates by at least 1%. Trump even sent a handwritten letter to Powell requesting his resignation. Bessent has added to the rising chorus, citing declining inflation and the mild impact of tariffs as a legitimate reason to cut interest rates.
The market is currently betting on an interest rate cut in July, especially after hints from Federal Reserve Governor Christopher Waller about the possibility of easing in the near future. Powell's leadership, under political pressure, is under close scrutiny as the Trump administration seeks a replacement for the Fed Chair, indicating the possibility of a change in U.S. monetary policy.