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The second episode of the Gate Stocks series is now online, with Lucas Sum, the head of stock market development, interpreting the stock layout of the cryptocurrency platform

The second episode of the Gate Stocks series is now online. Lucas Sum, the head of stock market development at Gate, shared insights on why cryptocurrency exchanges are starting to venture into the stock market and analyzed the differences between Gate and traditional brokers in terms of trading experience and asset allocation methods. Lucas Sum stated that more and more digital asset users are beginning to pay attention to stock opportunities from global companies such as NVIDIA, Apple, and Tencent. Gate integrates stocks and crypto assets into the same account, allowing users to manage different types of investment assets using the same USDT balance.In terms of trading experience, Gate Stocks supports fund transfers using USDT, enabling users to participate in stock trading without waiting for traditional bank fund settlements. In addition to regular trading hours for U.S. stocks (9:30 AM - 4:00 PM ET), it also supports pre-market and after-hours trading, with fractional shares supported down to 0.01 shares. Besides stocks and ETFs, Gate also covers investment opportunities such as stock perpetual contracts, tokenized assets, Pre-IPOs, and direct IPOs. Lucas Sum emphasized that Gate is not trying to replace traditional brokers but rather to expand the possibilities of investment platforms, bringing the global stock market directly to digital asset users.

first_img Bitcoin SOPR has been above the breakeven point for three consecutive weeks, setting the longest bullish record since 2026

The Bitcoin On-Chain Spending Profit Ratio (SOPR) has remained above the breakeven point of 1 for three consecutive weeks, marking the longest bullish cycle since 2026. Data from CryptoQuant shows that this metric has consistently been above 1 since August 19, currently reported at 1.002, indicating that most Bitcoin transferred on-chain is in profit. On-chain analysis tool Checkonchain points out that the structure of the short-term holder SOPR is beginning to resemble the early stages of a bull market recovery, rather than the rebound-and-sell pattern seen in a bear market.However, David Puell, portfolio manager at ARK Invest and founder of the Puell Multiple metric, warns that there is still downside risk for Bitcoin prices. In an interview with CryptoQuant, he stated that more evidence is needed to confirm that the bottom of this bear market has been reached. The SOPR needs to stay above 1 for a longer period, and investors must continue to realize profits without prices making new lows. Additionally, Bitcoin needs to form a series of higher highs and higher lows on a weekly basis, a pattern that has not yet emerged.Previously, CryptoQuant CEO Ki Young Ju had suggested that the bear market was over based on his proprietary bull-bear market cycle indicator. Currently, Bitcoin prices are fluctuating around $80,000.
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