📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
Crypto prices are in free fall at a level not seen since 2022, when the collapse of major companies like FTX and Terraform Labs put the entire industry in peril. This time around, as leading digital assets like Bitcoin and Ethereum have fallen as much as 25% in just a day, the reasons for the plunge are more complicated.
While blockchain acolytes have long argued that cryptocurrencies offer a hedge to traditional financial assets, the drop in prices has mirrored a broader selloff across the stock market triggered by a disappointing jobs report and slow action by the Federal Reserve. With Bitcoin hovering around $50,000—a price it hasn’t hit since February, after spending most of July above $65,000—the turmoil could just be getting started.