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JUST IN: OpenAI shuts down team responsible for assessing whether its AI models could pose "catastrophic risks,".
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Bitcoin’s volatility is getting squeezed.
The 4H Bollinger Bands are tightening as BTC continues to trade inside a narrow range.
This is usually where Bitcoin starts making people bored.
And that is normally when the biggest moves happen.
Right now:
BTC is trading around $63.3K.
The middle Bollinger Band sits around $63.4K, meaning price is currently fighting for short-term momentum.
A clean reclaim above the mid-band could open the door back towards:
$64K resistance
$65.7K major resistance
But losing the lower band around $62.7K would put the downside back in play.
The important thing:
The ba
BTC0.91%
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💰 Gate Square Content Mining Rewards Distributed!
The Content Mining rewards for Aug 3 – Aug 9 have now been fully distributed! 🎉
If you participated, head to Assets → Spot Account and check your rewards.
Want to keep earning? 👀
Post quality content on Gate Square with trading pair tags or trading cards. When users trade through your content, you can earn up to 60% in fee rebates.
📌 Create content
📌 Add trading pairs/trade cards
📌 Earn up to 60% fee rebates
📌 Keep creating, keep earning!
🔗 Event details: https://www.gate.com/announcements/article/49475
#Gate #GateSquare #ContentMining
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Gate_Square
💰 Gate Square Content Mining Rewards Distributed (Aug 3 – Aug 9)
This week's content mining rewards have been fully distributed. Check your account: Assets → Spot.
Post on Square with trading pair tags or trade cards — earn up to 60% fee rebate when users trade through your content. Keep creating and keep earning.
Event details: https://www.gate.com/announcements/article/49475
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MrFlower_XingChen:
To The Moon 🌕
🚀 The Fed just injected $17B into the markets! With Bitcoin close to $60K, could this be the catalyst for a surge past $65K? 💰 What are your thoughts on this liquidity boost? $BTC #CryptoNews
BTC0.91%
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[Weekly Macro] BTC/ETH key bull-bear levels
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TOLGA09:
$ZK A SHARP MOVE SHOULD BE COMING; HEAVY SHORT-TERM BUYING HAS ENTERED. GOOD LUCK EVERYONE.
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$PI still stays true to its original mission, remains steadfast in its faith, and will always love you.
PI-0.23%
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This week’s goal is to make 2,000 blue-check friends~
Whether we can reach it depends entirely on your support, friends~✊
Making friends is just the beginning—we still need to interact more and lift each other up to make it truly worthwhile~
Brothers and sisters passing by, please leave your mark too,
so more people can see you and we can stick together for warmth~🫶
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#C HTF Analysis:
$C is on its way to completing an inverse head and shoulders pattern on the daily timeframe, with the neckline clearly defined by the major horizontal resistance zone. $C has made a strong recovery from the head and is now approaching this key level.
A confirmed breakout and close above the horizontal resistance would complete the inverse H&S and could open the door for further upside toward higher levels.
Join the family:
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The phrase posted most often these past few days
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$ETH continues to look great here to me. A month on from the last post and things are moving along nicely.
$ETH has broken above and held the $1,750 low, as well as the 9 month downtrend, for over a month now. A drop into the high $1,700's is possible if we get the liquidation drop on BTC to $60k's. What we are getting here is a long and drawn out bottoming process that causes the last believers to leave. I personally am unbothered if we drop a lil more or not. Regardless, I believe the next major move for $ETH
is to the $2,400 range high area.
ETH1.17%
BTC0.91%
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Just asking out of pure curiosity
What man would wear the Immortal King’s burial shroud?
Even the official media are afraid of the “little fairies,” hahaha
They just AI-generated a man wearing the four-piece set
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Everything after this was statistically insignificant
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Day 5 of earning living expenses with 30U: current total assets are 34.75U
I made two gold trades today, earning about 1u
I still have an ETH trade open, which was also opened this morning
I haven't earned today's living expenses yet
But I won't trade for now; I've set take-profit and stop-loss levels
See you tomorrow.
GLDX-0.08%
PAXG0.40%
ETH1.17%
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MelancholyPerson:
I’m down to just over 30 USDT in losses today.
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After gold surpassed U.S. Treasuries, I increasingly believe that the next asset to enter the global top-tier reserve-asset table could be Bitcoin.
In the first chart, measured at market prices, global official gold holdings have already surpassed U.S. Treasuries held by foreign governments.
Within national reserve systems, hard assets that do not rely on anyone's repayment and do not represent someone else's liabilities are being repriced.
Now look at the second chart.
Government entities worldwide currently control nearly 650k BTC, accounting for approximately 3.1% of Bitcoin's final
GLDX-0.08%
PAXG0.40%
BTC0.91%
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#GateCardTripleUpgrade
GATE CARD TRIPLE UPGRADE
Gate Card is entering a new phase with a triple upgrade designed to improve the overall card experience across rewards, usability and everyday payment functionality. The development is important because crypto-linked payment cards are increasingly becoming a bridge between digital assets and traditional spending, allowing users to access their crypto balances while using familiar card-payment infrastructure.
The latest Gate Card upgrade focuses on making the product more practical for everyday users rather than treating it simply as another cryp
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Remember, a qualified investor must always keep 3100 in their account.
3000 to buy an electric vehicle and 100 for a health certificate—that is your chance to make a comeback.
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gm,
is a good day to have a good day. and to do something ridiculous.
🐸
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Today Crypto Markets News
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#DXY 📉
The dollar is getting weaker. 👽
Once we break the yellow TL , RISK On assets like #crypto will fly very hard 🚀
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Bitcoin finally has the macro wind behind it. Now we find out whether buyers actually show up.
#Bitcoin has pushed back to roughly $63.6K this morning as traders cut September Fed-hike expectations to around 30%, down from roughly 50% a week ago. The US 10Y has eased toward 4.68% and DXY has fallen to a 10-week low around 99.3.
That is almost exactly the liquidity setup BTC wanted.
But there’s a catch.
Friday completed three consecutive negative US spot BTC ETF sessions:
Wednesday: -$61.1M
Thursday: -$131.1M
Friday: -$56.2M.
Meanwhile #Ethereum is around $1.89K, #XRP is testing $0.99, and SO
BTC0.91%
ETH1.17%
XRP0.00%
SOL0.37%
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