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- 📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
- 📢 Gate Square #TopContentChallenge# is coming! Post high-quality content and win exclusive rewards!
🌟 We will select outstanding posts for exposure, and help elevate your influence!
💡 How to Participate?
1.Add the #TopContentChallenge# tag to your post.
2.Posts must be over 60 characters and receive at least 3 interactions (Likes/Comment/Share).
3.Post may include only the #TopContentChallenge# tag.
🎁 We’ll select 1 top post to win $50 Futures Voucher every Tuesday and Thursday!
📃 High-quality posts will be shared on Gate Square and labeled as [Featured Posts]!
📌 Rewards will be distribu
- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
Gate has surpassed 30M users worldwide — not just a number, but a journey we've built together.
Remember the thrill of opening your first account, or the Gate merch that’s been part of your daily life?
📸 Join the #MyGateMoment# campaign!
Share your story on Gate Square, and embrace the next 30 million together!
✅ How to Participate:
1️⃣ Post a photo or video with Gate elements
2️⃣ Add #MyGateMoment# and share your story, wishes, or thoughts
3️⃣ Share your post on Twitter (X) — top 10 views will get extra rewards!
👉
Bitcoin Edges up After Trump Says He Won’t Fire Powell
U.S. President Donald Trump told reporters on Wednesday that his administration is not planning on firing Federal Reserve Chairman Jerome Powell, despite rumors claiming otherwise.
Trump Softens Stance on Powell, Bitcoin Climbs
Bitcoin ( BTC) reclaimed $119K on Wednesday after U.S. President Donald Trump shut down rumors that his was on the verge of firing Fed Chair Jerome Powell. Reporting from CNBC claims that an unnamed White House official confirmed on Tuesday that the president, after consulting with a group of Republican lawmakers, made a verbal commitment to get rid of Powell for being overly hawkish.
Trump has launched multiple public attacks on the Fed chair, criticizing him for dragging his feet and costing the country “one trillion dollars a year” in national debt payments by maintaining the target interest rate between 4.25% and 4.50% instead of slashing it by three points.
But despite the Tuesday rumor, and Trump’s public criticism of Powell, the president took a softer stance on Wednesday. “We’re not planning on doing it,” Trump said after being questioned about his alleged plan to sack the Fed chair, before adding a caveat. “I won’t rule anything out.”
Overview of Market Metrics
Bitcoin was trading at $118,946.51 at the time of writing, up 1.95% over 24 hours. The digital asset has been trading between $116,241.60 and $119,929.93 since yesterday and has jumped 7.74% over seven days.
Total open interest for BTC futures rose 2.27% over 24 hours, reaching $87.63 billion, according to Coinglass. Bitcoin liquidations reached a total of $54.91 million for the day. Bears with short positions had $42.05 million wiped out, and longs had a smaller $12.86 million in liquidations.