- Pin
- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
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.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
A-Level:
Post on
- 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
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
2. Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
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
Will Bulls Push Ethena (ENA) Past $0.40 or Lose Momentum at Resistance?
The modest loss of 1.51% in market cap has pulled back to $3.28 trillion. The downturn caused the assets to fall from their former highs to lows. Bitcoin trades at $103.4K and Ethereum hovers at around $2.4K. Aligning with the active downtrend in the market, Ethena (ENA) has slipped by 0.10%.
In the early hours, Ethena traded at a low of $0.3723. The brief presence of the bulls has driven the asset’s price to a high of $0.3939, after breaking the resistance range at around the key $0.3848 level
At the time of writing, Ethena traded within the $0.3810 range, with its market cap reaching $2.21 billion. The daily trading volume has dropped by 6.67%, touching $297 million. Besides, the market has observed a 1.63 million in Ethena liquidation as per Coinglass data
The asset’s monthly price chart shows a gain of over 37.60%. The asset began trading at around $0.27. Gradually, Ethena’s momentum builds, and it reaches its monthly high at the range of $0.45.
What is Ethena’s Next Move?
The ongoing downside correction of Ethena has the potential to push the price to the nearby support range at $0.3825. Assuming the bears in command kickstart the death cross, the price might retrace to the $0.37 threshold. This level acts as a crucial point, and further breakdown could bring more downtrend
Conversely, if the bulls wake from their sleep, a reversal will likely trigger Ethena’s price. It will find the immediate resistance range at around $0.39. A steady gain above this level could invite the golden cross and open the gateway for more upside correction, eyeing the $0.40 mark
ENA’s Moving Average Convergence Divergence (MACD) line and the signal line have crossed below the zero line, implying a bearish crossover. The downside momentum is dominant, and the asset may continue facing selling pressure unless a reversal occurs
The asset’s Bull Bear Power (BBP) value of -0.0014 suggests that bears are slightly dominant, with mild selling pressure. The ongoing market sentiment of Ethena is neutral, neither overbought nor oversold, as the daily relative strength index (RSI) is found at 46.74.
Highlighted Crypto News
France Boosts Security for Crypto Entrepreneurs Amid Rise in Kidnappings