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BTC $75,403.03 +1.43%
ETH $2,348.91 +0.72%
BNB $630.87 +1.80%
XRP $1.44 +2.48%
SOL $87.77 +3.19%
TRX $0.3239 -0.86%
DOGE $0.0980 +2.47%
ADA $0.2554 +3.21%
BCH $447.98 +1.96%
LINK $9.51 +2.83%
HYPE $43.44 -4.18%
AAVE $115.39 +8.95%
SUI $0.9889 +2.32%
XLM $0.1684 +5.13%
ZEC $330.77 -4.13%

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Gate collaborates with F1 Red Bull Racing Team to hold a racing parade in Hong Kong, with a cross-border special exhibition and anniversary events progressing simultaneously

Gate is hosting an F1 Red Bull Racing car display parade in Hong Kong, with the display cars appearing around Victoria Harbour and proceeding along a designated route, attracting market and public attention.This parade serves as an important offline action in the cross-industry collaboration between Gate and the F1 Red Bull Racing team, bringing top-tier racing culture into urban landmark scenes, enhancing brand exposure and discussion.From April 18 to 24, Gate will also launch the "Racing the Future" outdoor cross-industry exhibition at the K11 MUSEA waterfront promenade in Hong Kong, which will focus on showcasing Red Bull Racing cars and related equipment, as well as setting up interactive experience areas.As the official sponsor of the F1 Red Bull Racing team, this exhibition will be the first to showcase the brand new 2026 Red Bull Racing car and core equipment, introducing an immersive interactive experience area that recreates the fusion of top racing engineering and the aesthetics of speed.In addition, Gate will hold the "Gate 13 Blue Carpet Ceremony" on April 20, where the unveiling of the F1 Red Bull Racing display car and brand collaboration will take place. That evening, Gate will also host a high-end anniversary dinner event at the Rosewood Hong Kong, where platform founder and CEO Dr. Han will be present, and it is expected that over 300 representatives from top industry institutions and partners will be invited to participate in the exchange.

Wintermute: If Bitcoin's cyclical trend is similar, it may drop to the mid-high range of $50,000

Market maker Wintermute's latest market weekly report indicates that the ratio of Bitcoin perpetual contract trading volume to spot trading volume has risen to 15 times, while the funding rate volatility has dropped to a low point in this cycle, showing that market leverage is high but there is insufficient directional consensus. The current structure is closer to "compression and accumulation," or brewing significant unilateral volatility.Wintermute believes that if geopolitical tensions ease and oil prices fall back to around $100, short positions will face the risk of being squeezed to between $70,000 and $74,000. If the situation continues to ease, the resistance level at $74,000 may be tested.Conversely, if the situation escalates further and oil prices rise to $120, oil prices could drop to just above $60, and if the cyclical trend is similar, it could fall to the mid-high $50,000 range. More macro-wise, the directionality here is not important; what matters is the market structure itself. The leverage on futures contracts is high, capital flows are fluctuating within the narrowest range ever recorded, and volatility is also narrowing.Regarding which direction the catalysts ultimately develop, the market structure indicates that the resulting volatility will far exceed the levels currently reflected in spot, futures, and options prices.

Gate launches a VIP reward triple gift event, with transaction cashback, interest rate increase on funds, and VIP growth camp going live simultaneously

According to the official announcement, Gate will launch a VIP rewards triple gift event from March 20 at 19:00 to April 3 at 23:59 (UTC+8), providing multiple incentives for trading users, asset holding users, and VIP advanced users. The event includes three main sections: trading cashback program, fund upgrade program, and VIP growth camp.Among them, in the trading cashback program, users with VIP level 5 and above who sign up will receive a level acceleration reward of VIP level +2 (limited to 15 days, up to VIP 10) if their cumulative contract trading volume reaches the specified amount within 30 days. At the same time, users who meet the cumulative contract trading volume requirements during the event period can also receive a 10% trading cashback voucher, capped at 800 USDT. In the fund upgrade program, users with VIP level 5 and above who meet the asset and net deposit conditions can unlock three fund benefits, including a maximum of 8% USDT wealth management interest rate voucher, a maximum of 20 GT airdrop rewards, and a VIP exclusive 30-day fixed-term wealth management gift of gold activity.In addition, the platform will simultaneously launch the VIP growth camp, providing advanced support for potential users. Users who meet the asset or trading conditions can sign up to receive a VIP 5 experience card (15 days); users who successfully upgrade to VIP 5 during the event period can also receive a VIP newcomer gift package and participate in sharing a 500,000 USDT airdrop prize pool.
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