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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
💬 Do you think Bitcoin will become a new norm for corporate asset allocation? How might this impact Bitcoin’s price? What’s your recent BTC trading strategy? Post to share your price predictions, market analysis, and strategies with us using the topic tag!
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
Neo has bypassed the fall: in the race for the leadership!
Neo (NEO) ended its silence and made a sharp rise.
Neo (NEO), one of the stars of the 2021 Bull, has been in the background for a while despite the rise of the market. The NEO, which was forgotten due to the prominence of fresh projects and the emergence of new trends, reminded itself with its latest move. The coin, which managed to increase by 7.34 percent against Bitcoin's (BTC) retreat to $ 43,000, took the second place in the "Top Riders" list.
While it is being discussed whether the rise will be stable or not, which levels have become important to follow?
Sellers are starting to show their influence!
The NEO, which exploded from $10.80 and climbed to $12.50 in a short time, could not withstand the selling pressure and eased to lower levels. The NEO, which is trading at $11.71 at the time of writing, could make a move to $12.90 – $13.76 and $14.90, respectively, if it breaks $12 in volume and sustains above it. News from within the ecosystem will play a critical role in this process.
Factors such as increasing tension as the Fed interest rate decision approaches, the increase in BTC dominance, or the NEO's continued pricing below $ 12 will strengthen the hand of sellers. In such a scenario, a reaction from $10.75 can be expected first. If the downward movement continues, there may be a decline towards $9.68 and $8.67. In addition, daily closes below $8.67 will herald a new bearish process.
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