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- 🎉【Gate Singapore Flagship Event · Square Fun Quiz Challenge Day 1】
#TOKEN2049# is just around the corner, and Gate is bringing the heat to Singapore!
Token of Love Music Festival, Gate x Oracle Red Bull Racing Reception, and the F1 Race Viewing are all set to roll out!
Join Square Fun Quiz Challenge now, test how much you know about the events and share $100 BTC in rewards!
To join: Comment your answers (format: 1B 2A 3B 4C)
🎁 Rewards: 3 lucky winners each day → $10 BTC each
👑 Bonus: Answer all questions correctly for 3 days → Extra $10 BTC for Super Quiz King!
📖 Day 1 · Quiz (Single Choic - 💥 Gate Square Event: #SOMI Creative Contest# 💥
Post original content related to SOMI or CandyDrop #76 on Gate Square for a chance to share 180 SOMI rewards!
CandyDrop 76: CandyDrop x Somnia (SOMI)👉 https://www.gate.com/announcements/article/46912
📅 Event Period: Sep 8, 2025 – Sep 15, 2025
📌 How to Participate:
Post original content related to SOMI or the CandyDrop event
Minimum 80 words
Add hashtag: #SOMI Creative Contest#
Include CandyDrop participation screenshot
🏆 Rewards:
🥇 1st Prize (1 winner): 60 SOMI
🥈 2nd Prize (3 winners): 30 SOMI each
🥉 3rd Prize (6 winners): 10 SOMI each
(T - 🚗 #GateSquareCommunityChallenge# Round 1 — Who Will Be The First To The Moon?
Brain challenge, guess and win rewards!
5 lucky users with the correct answers will share $50 GT! 💰
Join:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Drop your answer in the comments
📅 Ends at 16:00, Sep 17 (UTC)
Michael Saylor Stuns With BTC Statement as Bitcoin Returns to Green
Bitcoin (BTC) is back in the green, and Strategy cofounder Michael Saylor has once again sparked a buzz with a bold BTC statement.
In a two-word tweet, Saylor wrote, "Try BTC," while sharing a chart showing the U.S. dollar gaining strength against the Turkish lira. His tweet appears to highlight Bitcoin as a hedge against currency devaluation.
Michael Saylor has been one of Bitcoin's most ardent supporters, repeatedly touting it as a superior store of value compared to fiat currencies. His most recent tweet underscores the notion of Bitcoin as a hedge against inflation and currency depreciation, particularly in economies experiencing rapid devaluation.
Yesterday, Strategy announced its plans to sell $500 million of dollar-denominated perpetual preferred stock. The enterprise software company, formerly known as MicroStrategy, plans to use proceeds for general corporate purposes, such as the acquisition of Bitcoin and operating capital.
On Monday, Strategy said it purchased $10.7 million in Bitcoin, a week after announcing its intention to issue up to $21 billion in preferred shares to acquire more BTC.
Bitcoin price rebounds
Bitcoin rebounded to highs of $84,330 in the early Wednesday session as traders awaited the outcome of the Federal Open Market Committee (FOMC) meeting.
At press time, BTC was up nearly 2% in the last 24 hours to $83,934, reaching intraday highs of $84,358 ahead of the FOMC, where traders expect rates to be unchanged. Some suggest the $80,000 mark should be monitored since a break below it would imply the loss of a major support level.
The FOMC decision could either spark a recovery, if dovish, or prolong the decline if hawkish, with Bitcoin's short-term direction linked to macroeconomic signals.
According to Glassnode, the Bitcoin market is still adjusting to its new price range following a 30% fall. Liquidity levels are also falling in both on-chain and futures markets. Furthermore, long-term holders remain passive, confirming a sluggish market and sideways price activity.