📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Report: Tether supply slowing down indicates cooling of the crypto market
Golden Finance reported that, according to Copper's report, as of June 24, the monthly supply growth of Tether (USDT) was less than 1.5%, significantly lower than the over 5% in April and May. The trading volume of USDT decreased from a historical high of $767.2 billion on March 11 to $53.5 billion on June 24. With a market capitalization of $113 billion, the slowing supply growth indicates a decrease in funds flowing into the cryptocurrency market. In addition, the daily outflow of the Bitcoin market has recently increased significantly, with over $540 million flowing out last week. In the past 30 days, the price of Bitcoin has dropped over 10%, from $68,000 to $62,000. Macro-economic pressures also affect the cryptocurrency market. According to ETC Group's report, the downward revision of global growth expectations and the increased risk of a US economic recession may continue to pose challenges to the price of Bitcoin.