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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
Gate Square TOP 40 Creator Leaderboard is out
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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
1️⃣ #ETH Hits 4800# | Market Analysis & Prediction: Boldly share your ETH predictions to showcase your insights! 10 lucky users will split a 0.1 ETH prize!
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2️⃣ #Creator Campaign Phase 2# |ZKWASM Topic: Share original content about ZKWASM or its trading activity on X or Gate Square to win a share of 4,000 ZKWASM!
Details 👉 https://www.gate.com/post/st - 📢 Gate Square #Creator Campaign Phase 2# is officially live!
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Post original content (at least 100 words) on Gate Square related to
#TrumpSignsBitcoinReserve#
On March 6, 2025, President Donald Trump signed an executive order establishing a strategic Bitcoin reserve, utilizing approximately 200,000 seized bitcoins. This initiative aims to position the United States as a leader in the cryptocurrency space, with the reserve serving as a permanent store of value.
Contrary to expectations of a market rally, Bitcoin's price experienced a decline following the announcement, trading lower at $88,266. This reaction may be attributed to traders seizing the opportunity to realize profits, a common occurrence when significant news prompts swift price movements.
The establishment of a Bitcoin reserve by a major economy underscores the growing recognition of cryptocurrencies' strategic importance. Such a move could enhance institutional legitimacy and potentially pave the way for broader adoption. While the immediate market response was a downturn, the long-term impact on Bitcoin's value remains a subject of discussion among investors and analysts.
#TrumpSignsBitcoinReserve#