- Topic1/3
37k Popularity
39k Popularity
40k Popularity
57k Popularity
22k Popularity
- Pin
- 📢 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!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
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
Bitcoin Price Prediction: BTC Spot ETF Continuous Inflow Faces Risks, Whale Hoarding Interruption May Fall Towards 115,000 USD
Bitcoin (BTC) is currently reported at around 118,300 USD in the Asian afternoon session today (21), temporarily rebounding from the early morning fall. Profit-taking and funds shifting to alts may cause Bitcoin to lag behind the Crypto Assets market. Notably, DOGE surged 13.03%, while Ethereum (ETH) continues to challenge the ascent towards 4,000 USD.
However, if the upcoming working group report suggests increasing the government's existing Bitcoin holdings, the report may revive BTC demand.
At the same time, the development of legislation in the United States, the liquidity trends of Bitcoin spot ETFs, and broader institutional demand remain crucial for the price outlook of BTC.
The US Bitcoin Spot ETF market continues to face risks of inflows
On July 18, the U.S. Bitcoin spot ETF market saw continuous inflows for 12 trading days, with a net inflow amounting to $496.8 million, bringing last week's total inflow to $2.386 billion. BlackRock's iShares Bitcoin Spot ETF (IBIT) dominated with a weekly net inflow of $2.569 billion. Notably, the last time IBIT experienced a net outflow was on June 6.
Bitcoin Price Analysis: Focus on the CLARITY Act, Working Group Report, and Spot ETF Capital Flows
FXEmpire analyst Bob Mason stated that the recent price outlook for Bitcoin depends on several key factors. These factors include the progress of the CLARITY Act in Congress, news related to strategic reserve assets, and the liquidity trends of spot ETFs. Possible scenarios:
Bearish scenario: Legislative barriers, BTC hoarding silence, strong signals from the Federal Reserve, and ETF capital outflows. The combined effect of these factors could push BTC down to $115,000 and may reach the 50-day exponential moving average (EMA).
Bullish Scenario: The "CLARITY Act" is making progress, the U.S. government supports increasing BTC holdings, the Federal Reserve has issued dovish statements, and ETF funds are flowing in. Under these circumstances, the price of BTC is expected to break through the historical high of 122,057 USD.
(Source: Trading View)