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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
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- #Digital Asset Market Clarity Act#
US House Republicans have introduced the Digital Asset Market Clarity Act to clarify crypto regulations. The bill gives the CFTC exclusive authority over digital commodity spot markets, and crypto platforms can register with either the CFTC or SEC. Will this reshape crypto regulation? What’s your take?
#Trump Tariff Update#
A US appeals court has reinstated Trump-era tariffs during the appeal, and further tariff hikes (up to 15% for 150 days) are being considered. Could these tariffs return? How might this affect the crypto market?
#Nvidia Tops Global Marke - 🏆 Gate Wins “Best Crypto Exchange 2025”!
Gate has been awarded Best Crypto Exchange 2025 at the E-Business Awards by Entrepreneur Middle East, recognizing Gate’s achievements in security, compliance, and user trust.
Thank you to our global community — we’ll keep building a safer, more reliable crypto experience!
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Tether CEO Paolo Ardoino announced Bitcoin (BTC) and Gold Reserves! He answered the question of why they bought gold!
The Bitcoin 2025 Conference, regarded as the biggest event of 2025, was held in Las Vegas from May 27 to 29 and concluded yesterday.
At the Bitcoin 2025 Conference, which hosted important figures for three days, Tether CEO Paolo Ardoino also made significant statements regarding Bitcoin (BTC), Tether (USDT), and the cryptocurrency sector yesterday.
Paolo Ardoino, who made statements supporting and praising Bitcoin, stated that Bitcoin is much more than a digital asset and said, "Bitcoin is the ultimate social network."
Tether's CEO comparing Tether with Facebook said, "Tether has experienced growth equivalent to what Facebook recorded at one time."
Bitcoin and Gold Reserves!
Paolo Ardonio, who also revealed Tether's reserves, stated that the company holds over 100,000 Bitcoin worth more than 10 billion dollars and 50 tons of gold.
Ardoino also stated that Tether made a profit of about 13 billion dollars in 2024, and this figure made Tether the most successful and profitable name in the crypto industry.
The famous CEO explained Tether's decision to hold gold in its reserves and the reasons behind it. Ardoino stated that Bitcoin supporters are questioning Tether's gold decision, saying the following:
The famous CEO recently stated that Tether has made a profit of around 20 billion dollars in the last three years and said: "Less than 5% of this profit was paid to shareholders. The remaining 95% will be used to expand the global distribution network and reinvest in Bitcoin."
*This is not investment advice.
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