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- 📢 Gate Square #Creator Campaign Phase 2# is officially live!
Join the ZKWASM event series, share your insights, and win a share of 4,000 $ZKWASM!
As a pioneer in zk-based public chains, ZKWASM is now being prominently promoted on the Gate platform!
Three major campaigns are launching simultaneously: Launchpool subscription, CandyDrop airdrop, and Alpha exclusive trading — don’t miss out!
🎨 Campaign 1: Post on Gate Square and win content rewards
📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
📌 How to participate:
Post original content (at least 100 words) on Gate Square related to
- 📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
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1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
- 🎉 Gate Square’s "Spark Program" Surpasses 1,000 KOLs!
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- 📢 #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!
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💰Total prize pool: 4,464 $ESPORTS
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1️⃣ Publish an
Analysts Worried About Bitcoin: Price Could Be Pressed Further Downward! - Coin Bulletin
Bitcoin (BTC) is currently trading below an important level for the year 2025, and analysts are concerned that a prolonged loss of this level could exert downward pressure on the price.
The Bitcoin price is trading just below the average draw price of 100,356 dollars from exchanges for the year 2025, and analysts warn that staying below this level could increase selling pressure.
According to Coindesk analyst James Van Straten's analysis, Bitcoin staying below this level for a long time can trigger investors' stop-loss points and strengthen the selling wave. However, historical data shows that Bitcoin quickly recovers such levels. For example, in 2024, the average pullback price of BTC was around $60,000, and despite falling to $49,000 in August, it quickly recovered.
Bitcoin price had a short-term crash!
A similar situation occurred in 2023. At that time, during the collapse of Silicon Valley Bank, Bitcoin had dropped to $20,000 but quickly recovered and entered an upward trend. Throughout 2024, this average pullback price level was tested multiple times and acted as support.
According to Glassnode data, 2.6 million BTC is currently in loss, and this is one of the highest levels of Bitcoin loss this year. If the Bitcoin price remains below $100,356 for a long time, the possibility of increased selling pressure and a larger drop wave may strengthen.
Bitcoin is trading at $98,625 during the writing of the news, with a %0.7 decrease according to CoinGecko data.