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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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Registration deadline: May 20 10:00 UTC
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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
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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
PancakeSwap CAKE token changes
Key Points:* PancakeSwap retired veCAKE and Gauges Voting, impacting CAKE stakes and liquidity.
This change signifies a strategic move towards sustainable growth, impacting liquidity and governance mechanisms and affecting CAKE’s market interface.
Main Content
PancakeSwap has decided to retire the veCAKE and Gauges Voting mechanisms, which were key components in its governance. Starting April 23, 2025, at 8:00 AM (UTC), users who staked CAKE tokens through PancakeSwap’s interface will have until October 23, 2025, to redeem their staked assets. This will open up a 1:1 redemption opportunity to convert veCAKE to CAKE within the specified window.
The departure from veCAKE and Gauges Voting is expected to alter staking and liquidity distributions. The adjustment indicates PancakeSwap’s focus on a deflationary and sustainable tokenomics model. However, specific market reactions and liquidity shifts are anticipated. The transition will impact CAKE stakeholders, as stakeholders realign their strategies with the altered governance landscape.
Did you know? The move away from veCAKE aligns with trends seen in other DeFi protocols like Curve’s veCRV, historically leading to temporary market volatility.
According to CoinMarketCap, PancakeSwap’s CAKE token, currently priced at $2.03, features a market cap of $590.08 million with 290.14 million in circulation. The trading volume has surged by 32.66% reaching $69.85 million in the past 24 hours. Over recent periods, CAKE’s price has experienced fluctuations, showing a 2.32% increase over the last day but a decrease of 21.93% over 30 days.
Insights from the Coincu research team indicate potential financial adjustments and liquidity shifts as a result of PancakeSwap’s tokenomics overhaul. The decision marks a strategic shift with probable impacts on PancakeSwap’s growth trajectory, underscoring a commitment to sustainable governance changes.
Market Reactions and Expert Insights into PancakeSwap’s Move
Did you know? The move away from veCAKE aligns with trends seen in other DeFi protocols like Curve’s veCRV, historically leading to temporary market volatility.
According to CoinMarketCap, PancakeSwap’s CAKE token, currently priced at $2.03, features a market cap of $590.08 million with 290.14 million in circulation. The trading volume has surged by 32.66% reaching $69.85 million in the past 24 hours. Over recent periods, CAKE’s price has experienced fluctuations, showing a 2.32% increase over the last day but a decrease of 21.93% over 30 days.