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- 🌕 Gate Square · Creator Incentive Program Day 10 Topic– #Fed Cuts Rates By 25 Bps# !
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🔥 Day 10 Hot Topic: Fed Cuts Rates By 25 Bps
The Fed lowered its benchmark rate by 25 basis points to 4.00%–4.25%, in line with market expectations. This marks the restart of the rate-cut cycle since the pause last December. Lower rates often boost liquidity and risk appetite, which could be - 🚀 Gate Square Newbie Village · Episode 1 ✖️ @Ryakpanda Community
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✨ You’re not alone—join #GateNewbieVillage# today! - 🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas, - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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GD Culture's stock plummets after the acquisition of Bitcoin worth 875 million dollars
GD Culture Group stock (GDC) fell 28% to 6.99 USD on September 16 after announcing a deal to issue nearly 39.2 million shares to acquire all assets of Pallas Capital Holding, including 7,500 Bitcoin worth approximately 875 million USD. CEO Xiaojian Wang stated that the deal aims to build a diverse cryptocurrency reserve and leverage the trend of Bitcoin increasingly recognized as a store of value.
If completed, GD Culture will become the 14th largest publicly listed Bitcoin holder, amid a backdrop of more than 190 publicly listed companies holding BTC in 2025, with a market size reaching 112.8 billion USD. However, the dilution of shares has caused GDC's market capitalization to fall to only 117.4 million USD, down 97% from its peak in 2021. VanEck warns that the stock issuance model for acquiring BTC may be risky, eroding shareholder capital.