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- ๐ ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATHโthink it breaks through?
๐ Follow Gate_Square, vote and drop your reason.
๐ 4 winners split $100 Futures Voucher! - ๐ข Exclusive on Gate Square โ #PROVE Creative Contest# is Now Live!
CandyDrop ร Succinct (PROVE) โ Trade to share 200,000 PROVE ๐ย https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User ๐ย https://www.gate.com/announcements/article/46491
๐ Endless creativity ยท Rewards keep coming โ Post to share 300 PROVE!
๐ Event PeriodAugust 12, 2025, 04:00 โ August 17, 2025, 16:00 UTC
๐ How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - ๐ Gate Square #Gate Blue Challenge# ๐
Show your limitless creativity with Gate Blue!
๐ Event Period
August 11 โ 20, 2025
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2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., โWishing Gate Exchange continued success โ may the blue shine forever!โ).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - ๐ The #CandyDrop Futures Challenge# is live โ join now to share a 6 BTC prize pool!
๐ข Post your futures trading experience on Gate Square with the event hashtag โ $25 ร 20 rewards are waiting!
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๐ Event Period: August 1, 2025, 15:00 โ August 15, 2025, 19:00 (UTC+8)
๐ Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.ย
Weekly Crypto Roundup & Outlook โ August 11, 2025 ๐
The crypto world never sleeps, and this week brought a mix of courtroom drama, bullish momentum, and shifting regulatory winds. Hereโs whatโs shaping the market:
๐ฅ Key Headlines
1๏ธโฃ Tornado Cash Trial Twist
Roman Storm, co-founder of the privacy protocol Tornado Cash, was convicted on one count of running an unlicensed money-transmitting business. The jury couldnโt agree on the bigger charges of money laundering and sanctions violations. Appeal incoming.
2๏ธโฃ Washington Turns Pro-Crypto
The Trump administration is making waves with tokenization-friendly rules, stablecoin backing, and even the green light for crypto in 401(k) plans. Wall Street meets Web3 in ways weโve never seen before.
3๏ธโฃ Crypto Treasuries: Boom or Bust?
Mike Novogratz says the corporate โstack Bitcoin on the balance sheetโ craze may have peaked โ but veteran players still see opportunity.
๐ Market Outlook
Bitcoin (BTC): Recently broke $118K. If momentum holds, some analysts eye a path toward $150K in the coming weeks.
Ethereum (ETH): Above $4,200 and flirting with all-time highs. Bulls are watching for a breakout to uncharted territory.
Sentiment Check: Whale accumulation + institutional flows are keeping bullish hopes alive, but volatility risk remains high.
๐ง Takeaway:
This week feels like the perfect mix of bullish energy and legal reality checks. The regulatory winds are shifting in favor of adoption, but cases like Tornado Cash show the fine line between innovation and compliance.
#Trump Allows 401(k) Crypto Investing#