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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.
A/B-Level Tiered Rewards
Based on the number of posts and their quality, ambassadors will be ranked and rewarded accordingly:
A-Level:
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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
Fake Microsoft Token Tanks 96% After $80M Hype Pump
An allegedly bogus cryptocurrency that falsely claimed a link to Microsoft has crashed by 96% in under two days, wiping out nearly $80 million in value. The so-called Microsoft Token used the tech giant’s name and AI-related buzzwords to attract attention but has now been exposed as a large-scale crypto scam.
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Fake Microsoft Token Unravels in $80M Crypto Scam
Earlier this week, the fake Microsoft token surged after promoting itself as a Microsoft-supported AI project. It quickly drew massive interest from retail investors, pushing its market cap past $80 million, despite having no real product or no roadmap, and no actual connection to Microsoft.
Blockchain analysts soon flagged the Microsoft coin. Several on-chain researchers found no trace of any official ties to Microsoft or its AI operations. Wallet data showed large purchases before the public launch, followed by a massive coordinated sell-off and a classic setup for a scam token.
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Token Price Plummets After Brief Surge
The Microsoft token’s price dropped by 96% shortly after the early hype wore off, leaving many investors with heavy losses. Charts show a sudden surge followed by a steep fall, clearly pointing to a classic pump-and-dump setup.
The token’s website and Telegram group went offline soon after the sell-off. Hence, confirming suspicions that the project was a rug pull.
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Rising Concerns Around Fake Crypto Projects
It’s tricky out there with several fake crypto tokens popping up, especially when they use familiar names to reel people in. The scammers are getting clever, mixing buzzwords like “AI” and “Web3” with viral social media hype and memes, which can really confuse newcomers.
On a different but related note, even crypto job offers are becoming a target for scams. Deribit, a big crypto exchange, recently posted a warning about ‘crypto job scams’ on X
Scammers are posing as recruiters and offering attractive job opportunities specifically targeted towards people looking for work in the crypto space.
Just last week, we even saw a meme coin named after Eric Trump gaining traction on social media and in the crypto market. However, the red flags surrounding it suggest it could very well be another scam.
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