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- 🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes! - 🔵 #GENIUS Stablecoin Bill#
On May 20, Eleanor Terrett reported that the GENIUS Stablecoin Bill passed a procedural vote (66-32), officially entering the review phase, though it hasn't yet become law. This marks significant progress toward the first U.S. federal stablecoin regulation framework. Is this a positive compliance step or a sign of increasing regulatory pressure? Share your thoughts!
🔵 #SOL Breaks $170#
SOL has passed the $170 mark, currently trading at $170.01, up 0.9% in the past 24 hours. However, according to regulatory filings submitted Monday, the SEC has extended the review d - 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
Join now: https://www.gate.io/questionnaire/6679
Registration deadline: May 20 10:00 UTC
🎁 Reward Details:
S-Level Weekly Ranking Reward
Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
2 outstanding ambassadors will each receive a $50 trading fee rebate voucher.
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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
With a cleaner, more distinctive, universally recognized visual identity, we're moving from industry leader to true pace-setter.
✨ Three Pillars of Our Strategic Upgrade
1. User First: Serving 23 million users worldwide, with a reserve ratio of 128.57%, solidly among the top in the industry.
2. Tech Innovation: Pioneering the use of zero-knowledge proofs to verify reserve security.
3. Global Compliance: One of the few crypto platforms legally operating across multiple regions.
Just as we declare
- 🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
Indonesian listed company DigiAsia's stock price soared by 90%, planning to raise $100 million to purchase Bitcoin (BTC)
Source: Cointelegraph Original text: "Indonesian listed company DigiAsia's stock price soars 90%, plans to raise $100 million to purchase Bitcoin (BTC)"
The stock price of Indonesian fintech company DigiAsia Corp (FAAS) nearly doubled after the company announced plans to raise $100 million to launch its multiple Bitcoin purchase program.
The company, located in Jakarta and listed on NASDAQ, announced on May 19, 2025, that its board of directors has approved the creation of a Bitcoin (BTC) "reserve fund" and "committed to using up to 50% of its net profits to purchase BTC."
DigiAsia stated that the company is also "actively exploring raising up to $100 million" to initiate its Bitcoin holdings, and will earn returns on its holdings through methods such as lending and staking.
The company stated that it has "engaged in preliminary discussions with regulated partners regarding the Bitcoin holdings in the revenue strategy and management plan." Additionally, DigiAsia is also evaluating whether to offer convertible notes or crypto financial instruments related to the planned Bitcoin holdings.
According to Google Finance data, DigiAsia Corp (FAAS) saw its stock price rise over 91% to 36 cents at the close on May 19, after the company announced its Bitcoin plans.
However, after the close, DigiAsia's stock price fell by 22% to 28 cents. Year-to-date, the company's stock price has dropped nearly 53%, having reached a peak of nearly $12 in March 2024.
In the financial update on April 1, 2025, DigiAsia reported a 36% year-over-year increase in revenue for 2024, reaching $101 million. The company expects revenue to grow by 24% in 2025, reaching $125 million, with a pre-tax and pre-interest profit of $12 million.
An increasing number of companies are incorporating Bitcoin into their corporate holdings, a trend promoted by Michael Saylor's Strategy (formerly MicroStrategy), the publicly traded company with the largest Bitcoin holdings, holding 576,230 BTC, worth nearly $60.9 billion.
Strive Asset Management announced on May 7 that it will transform into a Bitcoin reserve company, while video game retailer GameStop Corporation (GME) completed a convertible debt issuance on April 1, raising $1.5 billion, part of which will be used to purchase Bitcoin.
According to Bitbo data, corporate Bitcoin reserves hold over 3 million Bitcoins, worth over $300 billion.
Adam Back, co-founder and CEO of Blockstream, predicts that companies focused on Bitcoin reserves are driving global adoption and could push Bitcoin's market value to $20 trillion within the next decade.
The market capitalization of Bitcoin is currently about $2 trillion. According to CoinGecko data, the price of BTC is $105,642, which has increased by 2% in the past 24 hours.
Related news: Fidelity executive: Bitcoin (BTC) trading has entered the six-figure range and is ready to take over the "baton" from gold.