💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
Bitcoin temporarily plummets, possibly due to market turmoil from the U.S. Treasury Secretary's policy shift.
In the cryptocurrency market, Bitcoin (BTC) is down 3.9% from the previous day at 1 BTC = 118,976 dollars.
U.S. Treasury Secretary Scott Besant announced on the 14th that he is considering additional acquisitions using a budget-neutral approach to expand the strategic Bitcoin reserve. This marks a policy shift just one day after his denial of purchases, causing confusion in the market.
The United States currently holds an estimated $24.2 billion worth of Bitcoin obtained through seizures. Mr. Besant stated in a Fox Business interview on the 13th, "The government has no plans to purchase new Bitcoin. We will accumulate seized assets, but sales will stop," completely denying any new purchases.
However, on the 14th, Mr. Besant made a 180-degree turn on X (formerly Twitter). He posted, "The Treasury is exploring budget-neutral methods to acquire more bitcoins for reserve expansion. We are fully committed to fulfilling the President's promise to make the U.S. the 'world's bitcoin superpower.'" This indicated a shift to a new acquisition strategy.
There is said to be a clear reason for this sudden policy change. The executive order signed by President Trump in March of this year explicitly states a "budget-neutral strategy for additional acquisition of Bitcoin," and the statements made the day before directly contradicted the executive order. Market participants have also criticized this as "lacking consistency in policy."
The "budget-neutral" acquisition referred to by the Treasury Secretary refers to methods that do not involve new fiscal spending. Specifically, it is believed that proposals such as the redistribution of existing assets or utilizing the unrealized gains of government-held funds as a source of funding are being considered. However, the details of the implementation mechanism have not been disclosed, and the forthcoming policy execution process is attracting the attention of investors.
Expectations for market expansion with the incorporation of retirement pension systems
On the other hand, Menna Theodorou, co-founder of the Australian exchange Coinstash, is paying attention to the cryptocurrency inclusion policy in the retirement pension system promoted by President Trump.
It is analyzed that this policy will develop a digital asset market worth 12.5 trillion dollars, allowing cryptocurrency-related companies to access approximately 90 million 401(k) accounts.
"The possibility that 1 BTC will exceed $150,000 could occur sooner than many people expect," predicted Mr. Theodorou, noting that other countries might follow the U.S. in incorporating cryptocurrency into retirement savings. This view aligns with major financial institutions on Wall Street.
Bernstein, Bitwise, and Standard Chartered have all issued bullish forecasts that Bitcoin could reach 1 BTC = $200,000 by the end of the year.
This optimistic outlook is supported by multiple factors, including the continued influx of funds into Bitcoin spot ETFs, the incorporation of cryptocurrencies into the balance sheets of over 200 companies, the trend of a weakening US dollar, and the deceleration of inflation indicators.
The ratio of Bitcoin purchases by U.S. institutional investors has reached an unprecedented 75%.
According to an analysis by Charles Edwards, founder of the investment management company Capriole Investments, it has been revealed that purchases of Bitcoin by institutional investors accounted for 75% of the total trading volume on the largest U.S. cryptocurrency exchange, Coinbase.
The chart published shows long-term data from 2020, with the blue line representing the proportion of institutional investor purchases on coinbase, the gray line indicating the price trend of Bitcoin, and the green horizontal line representing the 75% baseline. According to the data, in all past instances where the proportion of institutional investor purchases exceeded 75%, an increase in the price of Bitcoin was observed within the following week.
A high purchase rate of 75% reflects the strong buying intent of large investors and may serve as an important leading indicator for predicting market sentiment improvements and future price trends.
This data has once again highlighted the increasing presence of institutional investors in the Bitcoin market and the importance of data-driven market analysis. The unusual purchase ratio of 75% has attracted the attention of market participants regarding how it will influence future price trends.
Bitcoin (BTC) News and Price
Comparing Bitcoin exchanges | Which one allows for comfortable and cost-effective trading?
a.t3-set { text-decoration: none !important; }
You can find the list of market reports published in the past here.