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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
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Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
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S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
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3. Global Compliance: One of the few crypto platforms legally operating across multiple regions.
Just as we declare
- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
#PI# Pi coin street stall economy has appeared in New York, and a Stanford PhD has been accused of being the "Blockchain butcher"
On May 20, 2025, an absurd scene unfolded in front of the Charging Bull statue on Wall Street in New York: Pi Network founder Nicolas Kokkalis set up a purple tent and, under the name of the "Stanford Blockchain Laboratory", began selling Pi coins to passersby, boldly pricing them at "1 Pi = 314159 USD", attracting the collective attention of financial elites. Novice trader Jack Smith lamented to reporters that he had invested all his savings of 100 USD into Pi coins three days ago, and now his account value had dropped to zero.
■ Street Farce: Tech Elites Turned Street Vendors
The video taken by witnesses shows Nicholas draped in a purple cloak with a "π" symbol, shouting through a megaphone: "Don't miss Bitcoin, don't miss Pi币." His booth displayed a forged "Stanford University Technology Patent Certificate" and a PS-composite "contract signing photo" with Musk. Ironically, those who scanned the code to purchase 币 on site immediately received a fraud alert text message from the Chinese police, stating: "The project has been listed as a financial scam by 37 countries worldwide."
■ Retail Investors' Tears: The Harvesting Chain Behind the Vanishing $100
23-year-old Jack trembled as he displayed his trading records: on May 17, he purchased 31 Pi coins at a unit price of $3.2, but by the 19th, the price plummeted to $0.08. This aligns with Chainalysis's on-chain data— a market maker created false prosperity through 200 fake accounts, causing daily withdrawals to reach 83% of the trading volume, directly draining liquidity. Jack knelt on the steps of the New York Stock Exchange and shouted, "This is a cannibal game wrapped in the π symbol!"
■ Regulatory Iron Fist: 47-story Dubai Building Becomes Evidence
As events unfolded, Interpol simultaneously disclosed that Nicolas's team used 23 billion yuan of illegal proceeds to purchase the blocked 47-story "Pi Ecosystem Center," located in Dubai. Inside the building, a bundle of cash, 23 Rolls-Royces, and counterfeit "Nobel Blockchain Award" trophies were found. According to data from the Ministry of Public Security of China, the project led to losses for 35 million investors through 478 standardized scripts, with 94% of participants not receiving more than 1000 Pi coins.
■ Experts warn: Free mining is actually cognitive slaughter.
Mikhail Green, a former Federal Reserve advisor, tore apart the brochure for Pi coin during a live broadcast on CNBC, pointing out that its "interstellar consensus algorithm" is actually a digital game built on Alibaba Cloud servers, with a code plagiarism rate as high as 91%. Even more concerning is that the privacy data of 60 million users is circulating on the black market at a price of 0.3 dollars per entry, specifically targeting scam calls for health products.
At this moment, Nicholas's street stall has been shut down by SEC enforcement officers, and the π symbol on the purple promotional sign is twisted under the neon lights. This six-year-long "mobile mining" frenzy has finally turned into a pile of shredded paper beneath the feet of the Wall Street bull, in the collision between Blockchain technology and human greed.
#PI# This article is compiled from reports by the Economic Investigation Department of the Ministry of Public Security, Chainalysis's on-chain analysis, and eyewitness testimonies. The image shows Jack kneeling. ( #Can BTC Break $110K?#