BlackLeopard

🌈 [#GateLive Streaming Inspiration ] - July 25
Go live with the following topics now to receive extra official support and promotional exposure!
Today's Topic Recommendations:
🔹 Only 5.3% of #Bitcoin remains to be mined, while 7.5% is considered permanently lost
🔹 #Ripple co-founder Chris Larsen transferred ~$140 million worth of #XRP to exchanges over the past 7 days
🔹 Tether minted $1 billion #USDT on the Ethereum network
🔹 Trump signs the GENIUS Act, stablecoin supply could increase by $75 billion
🔹 Fed Chair Jerome Powell acts cautiously amid tariff policy changes; U.S. dollar de

**Current BTC Price Analysis** 📈
As of the current UTC time of **2025-05-04 06:34:44**, the latest available BTC price data shows the following:
| **UTC Time** | **BTC Price (USD)** |
|----------------------------|---------------------------|
| 2025-05-04T06:00:00.000Z | 96,062.11 |
| 2025-05-04T05:00:00.000Z | 95,762.74 |
| 2025-05-04T04:00:00.000Z | 95,765.64 |
| 2025-05-04T03:00:00.000Z | 95,919.04 |
| 2025-05-04T02:00:00.000Z | 96,125.05 |
| 2025-05-04T01:00:00.000Z | 95,901.37

👉Sonic Labs👈
Sonic Labs has scrapped its initial plans to launch a US dollar-pegged algorithmic stablecoin, pivoting instead to develop a version tied to the United Arab Emirates dirham.
Just a week after co-founder Andre Cronje revealed that the firm was building a USD-based algorithmic stablecoin offering an annual percentage rate of up to 23%, the company made an abrupt U-turn.
“We will no longer be releasing a USD-based algorithmic stablecoin,” Cronje said in a March 28 post on X.
“Completely unrelated, we will be releasing a mathematically bound numerical Dirham, which is settled and de

Peace be upon you and God's mercy and blessings.

Champion

Tether, the issuer behind the world’s largest stablecoin USDT, is reportedly working with a Big Four accounting firm to conduct an audit of its reserves and confirm that each token is backed 1:1 with assets.
The move comes amid growing industry pressure for transparency, especially in light of past controversies surrounding the company’s claims.
Speaking to Reuters on March 21, Tether CEO Paolo Ardoino said that a full audit is a top priority for the firm.
#BTC

Goodluck

White House AI and Crypto Role
David Sacks and his venture capital firm Craft Ventures liquidated over $200 million in cryptocurrency and crypto-related stocks before he assumed his role as the White House AI and crypto czar, according to a March 5 memorandum from the White House.
“You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” the memo stated.
The document outlined that Sacks took significant steps to reduce potential conflicts of interest before taking the position, where he is

Go Champion

#GateLearnCryptoQuiz# Join me in the S2 Q&A Challenge! Compete to win multiple prizes and aim for the top 5 to split $100. Dive into the crypto knowledge battle and win rewards with your smarts!https://www.gate.io/activities/gate-learn-crypto-quiz/?now_period=2

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OCC Loosens Crypto Banking Rules Following Trump’s Pledge to End Crackdown💪💪💪💪🦾🦾🦾🦾
The U.S. Office of the Comptroller of the Currency (OCC) has relaxed its restrictions on banks engaging with crypto, just hours after former President Donald Trump pledged to end regulatory barriers hindering the industry.
In a March 7 statement, the OCC clarified that national banks and federal savings associations can now engage in crypto custody, stablecoin-related activities, and participate in distributed ledger networks.
This marks a significant shift in regulatory oversight, reversing some of the

### **Overview of the White House Crypto Summit** 🏛️
#### **Event Details**
- **Date**: March 7, 2025
- **Time**: The summit is set to take place during the day, with specific timings yet to be confirmed.
- **Location**: The White House, Washington, D.C.
#### **Key Figures Involved** 👤
- **Host**: President Donald Trump
- **Key Organizers**:
- **David Sacks**: Appointed as the AI and Crypto Czar.
- **Bo Hines**: Executive Director of the President's Working Group on Digital Assets.
#### **Purpose of the Summit** 🎯
- The summit aims to bring together **prominent figures** from the crypto

### **Bitcoin Price Analysis as of March 7, 2025** 📈
#### **Current Price Trend**
- **Latest Price**: As of March 7, 2025, Bitcoin's price is **$89,959.17**.
- **Recent Price Movement**:
- **March 6**: $90,613.24 (previous day)
- **March 5**: $87,236.25 (two days ago)

#### **Historical Price Data** 🗓️
| Date | Price (USD) |
|------------|---------------------|
| 2025-03-07 | **$89,959.17** |
| 2025-03-06 | $90,613.24 |
| 2025-03-05 | $87,236.25 |
| 2025-03-04 | $86,137.49 |
| 2025-03-03 | $94,292.24 |
| 2025-03-02 | $86,024.35

Cardano Price Triggers Major Buy Signal
Price action remains choppy as markets are buffeted by macro newsflow and sentiment swings, but the Cardano chart just fired off a major near-term buy signal.