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- 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
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🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win. - 📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
#BTC Back To $120k# Bitcoin continued its upward movement on Monday, increasing by 3.57% in the last 24 hours and reaching over $122,000.
The latest increase coincides with a rise of 6.87% over the past week and boosts its 30-day yield to +3.52%. The movement comes against the backdrop of a rise in the total market capitalization of cryptocurrencies to $4.06 trillion, which is up 2.75% for the day.
The price action began with a stable consolidation around $118,000 before breaking the psychological barrier of $120,000. Once this resistance level was surpassed, the momentum accelerated, pushing BTC just below the July historical peak of just over $123,000. Profit-taking reduced some of the gains, but Bitcoin remains steadily above $122,000 in early trading on Monday.
One of the strongest engines is the demand from American spot BTC ETFs, which recorded a net inflow of $773 million for the three days leading up to August 10, according to Farside Investors. BlackRock's IBIT holds a significant share, already owning $80 billion worth of BTC — approaching $94 billion managed by the largest gold ETF, GLD. On the corporate side, Michael Saylor's MicroStrategy confirmed that it will continue to expand its Bitcoin reserve worth $76.8 billion, solidifying its image as a long-term reserve asset.
The technical indicators also support the bullish tone. The MACD histogram has moved into positive territory, while the RSI is at 67.76 — bullish, without being overly stretched. The 7-day simple moving average, which is $116,319, provides strong support.
Analysts suggest that a decisive close above the $123,000 peak could trigger algorithmic buying programs and FOMO among retail investors, potentially pushing Bitcoin towards Fibonacci targets between $126,000 and $129,000 in the short term. With sustained inflows into ETFs and strong institutional optimism, the market remains focused on whether BTC can enter uncharted territory.