GateUser-35b998a0

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Pay more attention to failed project cases: narrative breakdown, governance failure, and liquidity evaporation. Use negative examples as reminders not to get carried away.
OpenAI’s Chief Futurist resigns—personnel upheaval in the AGI era is more out of the blue, catching everyone off guard more than technological iterations.
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CoinNetwork
OpenAI veteran of nine years Joshua Achiam leaves: AGI mission is not only within the laboratory walls.
CoinWorld reports that OpenAI Chief Futurist Joshua Achiam will leave the company on the 24th of this month and has publicly posted his farewell letter to the internal Slack channel on X. After joining as an intern in 2017, he worked on AI safety research for a long time. After disbanding the mission alignment team in February, he was reassigned as Chief Futurist, responsible for researching AGI and its impact on society, policy, and safety. The farewell letter states that the past nine years felt like a decade’s worth of a century’s change, and the future depends on the collective choices of all parties on AGI and superintelligence issues. No successor has been announced yet.
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Looking at this level makes my hands itch—long or short?
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TeacherAbu
Bitcoin Ethereum price levels
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MiCA officially lands, Coinbase and Standard Chartered preemptively position themselves; over in the US, CLARITY is still in limbo, and the regulatory arbitrage window has opened.
COIN-0.57%
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CoinNetwork
CoinWorld News, BBX News, yesterday, the U.S. CLARITY Act missed the White House signing deadline set by the Trump administration, and the probability of passage dropped to 42% to 50%.
Three unresolved disputes are blocking the critical legislative window of the last approximately three weeks.
On July 1, the EU MiCA officially entered the full enforcement phase, the transition period ended, and about 244 licensed institutions (approximately 20% of the original registered institutions) can continue to comply with EU operations, while the remaining about 1,000 face pressure to exit the market.
Coinbase holds MiCA authorization through its Irish subsidiary and also holds a U.S. CFTC DCM license. Standard Chartered Bank has obtained a cross-border MiCA passport from ESMA. Both companies have completed EU regulatory compliance layouts amid the uncertainty of U.S. legislation.
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73.85 liquidation price still has room, but a floating loss of 34,000 on a 30 million scale—is it a trap or really trapped?
41.71%
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Using Layer2 a lot gives the illusion that the mainnet is dead. It's not actually dead, it's just so expensive that you don't want to hit confirm.
Recently, the group has been spreading rumors about a certain stablecoin's reserves, with screenshots flying everywhere, and emotions fluctuating as wildly as gas fees. I've learned my lesson: for large amounts, I still obediently use the mainnet. It's expensive, but think of it as buying insurance. For daily small amounts, I toss them to L2. If it crashes, it crashes—nothing to lose sleep over.
In short, the current ecosystem forces you to choose:
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SK Hynix's pullback is quite sharp, with on-chain short leverage compressed to 1.44x. How is that guy with 2x leverage doing now?
SKHYNIX1.25%
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CoinNetwork
Jinjie News: South Korea’s memory-stock rebound has fizzled first. SK Hynix (SKHX) once fell by 6.3% within less than 2 hours of the open; it is now trading at $1,655. Its 24-hour trading volume is $430 million, the top spot across the HIP-3 ecosystem. On-chain funds are leaning bearish: open interest totals $320 million, including large-position shorts with a nominal size of about $111 million, which is 1.44 times the long side ($76.9 million). The long average line is about $1,784.57, while shorts are about $1,649.88. A major long position held by 0x9dc (2x leverage; opened on June 24 at $1,803.76) is under heavy pressure at a size of $31.68 million, and the floating loss has widened to $3.48 million within two days.
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Open-source model + intelligent routing + caching as the three-pronged approach, Coinbase's AI costs are directly halved. Brian Armstrong's sharing is worth copying.
COIN-0.57%
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CoinNetwork
Coin World News, Coinbase CEO Brian Armstrong shared practical experience in maintaining stable AI spending against the backdrop of exponential growth in token usage. He stated that the company did not adopt restrictive measures such as setting usage caps, but instead achieved cost reduction and efficiency gains by optimizing default models, smart routing, and caching strategies: In terms of default models, open-weight models such as GLM 5.2 and Kimi 2.7 were introduced to replace expensive general-purpose models; routing mechanisms match models based on task requirements; cache pre-processing and task session management reduce token waste (cache hit rate increased from 5% to 60%). Thanks to these optimizations, Coinbase's AI spending has nearly halved, while token usage continues to grow.
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BTC daily net outflow nearly 700 million USD, this data looks a bit cold.
BTC1.64%
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CoinNetwork
CoinWorld news, on June 25, spot ETFs for Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and HYPE all saw net outflows. Specific data shows that Bitcoin had a net outflow of approximately $696 million, Ethereum a net outflow of about $81.87 million, Solana a net outflow of roughly $3.94 million, and HYPE a net outflow of around $464k.
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The digital euro has finally taken a crucial step forward; sovereign payment tools can no longer wait.
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CoinNetwork
The European Parliament approves the digital euro framework to counter US payment monopoly
The European Parliament's Committee on Economic and Monetary Affairs voted to approve the digital euro legal framework, granting a significant victory to the ECB, and called for the rapid initiation of final negotiations between member states and the parliament to finalize the bill. CBDC aims to maintain financial sovereignty in the Eurozone; Lagarde stated that the digital euro can counterbalance dollar-dominated stablecoins, emphasizing that digital and cash will coexist and not replace cash. Fairbairn warned that under geopolitical tensions, digital payments should not rely on a few foreign providers.
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Long-term builders are ecstatic; those project teams trying to delay TGE and slowly build their positions are probably now sweating profusely.
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WuSaidBlockchainW
Backpack CEO Armani Ferrante said that if the project team is only looking for an exit window, delaying the TGE is indeed possible; but if the goal is long-term development and truly winning the market, the TGE should be as early as possible. He said that if the project team is worried about FUD, it’s best not to issue tokens from the start. He said that he has done minting and the TGE multiple times near the highs in a bear market and believes that market timing is not as important as outsiders think.
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Just posted my first message at Gate Square, and the red envelope was received instantly. Now, betting on the World Cup scores can still earn a few more rounds. The Top 100 gift box looks pretty attractive.
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Cryptobug
Gate Square Red Envelope Rain is still live — and yours to claim.
Post your first content, get a guaranteed red envelope. Share World Cup predictions to stack more rewards. Break into the Top 100 and win a Gate World Cup gift box.
First post 👉 https://www.gate.com/post
Details 👉 https://www.gate.com/announcements/article/100168
Event closes June 30. Get in early.
$BTC #ETH #GT
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Goldman Sachs cuts the target price for gold by $500, structurally optimistic but tactically cautious. In plain language: long-term bullish, short-term just holding on, waiting until 2027 when interest rates are cut.
GLDX1.11%
PAXG1.03%
XAUUSD-0.06%
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CoinNetwork
CoinWorld News: Goldman Sachs has lowered its year-end gold forecast by $500, reducing the target price from $5,400 to $4,900. Although the bank still expects gold prices to rise, it believes the increase will be smaller than previously anticipated. This adjustment is due to Goldman Sachs no longer expecting the Federal Reserve to cut interest rates in 2026, with the market now expecting the next rate cut to be delayed until 2027. Goldman Sachs' commodity analysts stated that, despite remaining "structurally optimistic" about gold, they are tactically cautious, noting short-term downside risks and medium-term upside risks. Goldman Sachs' downward revision does not mean the bank is completely bearish on gold; the $4,900 forecast still exceeds current levels, but future trends will depend more on cooling inflation and changes in Federal Reserve policies.
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How much can I withdraw before the platform goes bankrupt?😂
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YakuzaTheoryTrends
$PEPE If I keep posting, there will always be more! I could cause the platform to go bankrupt. 😃At least one person can receive three!
repost-content-media
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Codex is now truly a 24-hour online worker; even after canceling, it still has to keep working. Capitalists would be moved to tears watching this.
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CoinNetwork
CryptoWorld News reports that OpenAI has announced the acquisition of Ona, so that Codex agents can continue working in the cloud even after users log out.
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Raydium's full compensation this time shows responsibility; although the pool was abandoned early, users didn't suffer losses, which is better than many projects that go silent when issues arise.
RAY0.50%
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CoinNetwork
Raydium commits to full compensation for $1.3 million Solana pool loss
Raydium announces full compensation for five Solana legacy liquidity pools that lost approximately $1.3 million due to an attack, with the attacker exploiting a verification vulnerability in early automated market maker design to bypass checks and extract liquidity from affected pools, involving about 150,177 RAY tokens, 5,603 SOL tokens, and 893,700 USDC.
The affected pools are deprecated programs, and the assets will be covered by the project's treasury to prevent users still interacting with legacy pools from incurring losses.
Market response is muted, with the price around $0.57, down less than 1% in 24 hours.
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This move is quite decisive, the space below $ENA opens up, and the long positions holding are probably going to be uncomfortable for a while.
ENA2.06%
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MarcusCorvinus
$ENA has already broken down from the Inverse Cup and Handle pattern, confirming bearish momentum.
The breakdown suggests sellers remain in control, with downside pressure continuing to build.
As long as price stays below the breakdown zone, lower targets remain in play.
The structure points toward further weakness, and a move into lower levels could come sooner than many expect.
This is a chart worth watching closely as the bearish setup continues to unfold.
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ETF buying + repurchase dual-wheel drive, HYPE's trend is indeed strong, panic selling feels like hitting cotton.
HYPE-0.63%
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FortuneAi
$HYPE is proving exactly why it has been one of the strongest momentum plays of this cycle.
The aggressive pull-back caused by the broader BTC panic was completely absorbed right at the support.
With institutional ETF inflows and revenue-driven buybacks keeping the underlying demand high, price has recovered beautifully
As the broader market dust continues to settle, the bulls are quickly reclaiming absolute control here.
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Social mining, to put it simply, is about "on-chain-ifying" your habit of scrolling through your phone and giving you some points as a consolation prize. As you keep scrolling, you start caring about badges, levels, and identities, like working but without a paycheck… What's more awkward is that once the project's narrative breaks, the points turn into commemorative coins, and arguing in governance groups all night won't recover the liquidity evaporation. Modularization and the DAO layer are topics developers talk about enthusiastically, but users are still confused and just click tasks to ear
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Goldman Sachs steps into RWA, putting a $3.6 trillion real-estate fund on the blockchain—this time, the wall between traditional finance and DeFi really might come down.
GS-0.04%
RWA1.02%
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CoinNetwork
CoinWorld News: Goldman Sachs has announced it will partner with Apex, Archax, LRC Group, and Ownera to tokenize its $3.6 trillion real estate fund. This initiative will push the total value of real-world assets (RWA) in decentralized finance (DeFi) beyond the current benchmark of $10.7 billion.
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Recently, I keep seeing everyone staring at the unlock calendar and calling it “selling pressure.” But I’m more afraid of another thing: oracles feeding prices with a delay. You open leverage, set a liquidation line, and think it’s still far away—yet the on-chain price falls first, while the oracle keeps using the previous round’s quote. Your position looks fine. By the time it updates, liquidation bots rush in and collect slippage and fees together, and in an instant you’re packaged up and taken out. Put simply, you’re not betting on direction—you’re betting on the “update frequency + network
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