Join the community group challenge to quickly spell out the currency and win rich rewards! 🌏 Location: All Staff Communication Group ⏰ Time: March 06 12:00 (UTC+8) Detailed rules: » Quickly spell the correct currency name according to the scrambled letters, a total of 5 questions The fastest two winners with the correct answer to each question will receive a $10 contract experience voucher. »Example: L E R a y: LAYER»Each participant has only one chance 🎁Join the Gate.io community group now, participate in daily activities, and win generous rewards. 👉🏻 Open the Gate.io APP- click on 'Home'- click on 'Dynamic' at the bottom of the home page - 'Hot Chat', enter the 'All Members Discussion Group'🔗https://gateio.onelink.me/LHro/group?chatroom=group

Join the all-member communication group to participate in the big coin challenge, quickly match the coins, and win generous rewards! 🌏 Venue: All-staff communication group ⏰ Time: February 20th 12:00 (UTC+8) Detailed rules: » Quickly spell out the correct currency name based on the shuffled letters, a total of 5 questions The fastest two winners who answer each question correctly will receive a $10 contract experience voucher. »示例：L E R a y：LAYER »Each participant has only one chance 🎁 Join the Gate.io community group now, participate in daily activities, and win generous rewards. 👉🏻 Open the Gate.io APP- click on "Home" - click on the bottom of the home page "Trends" - "Hot Chat", enter the "All-Staff Communication Group"🔗https://gateio.onelink.me/LHro/group?chatroom=group

🧑🎄Christmas Challenge for All Members of the Communication Group! What is the currency on the Christmas card? Participate in the quiz and win generous rewards! ⏰ Time: December 25th, 12:00 (UTC+8) 🌏 Location: All Members Communication Group Detailed rules: Quickly spell out the correct currency name according to the letters on the card. » A total of 5 Christmas cards Two winners who answer each question correctly and fastest will be selected, and each winner will receive a reward of $3 worth of tokens. Each participant only has one chance. 🎄Join the Gate.io all-staff group immediately, participate in the Christmas activities, and win token rewards. 👉🏻 Open the Gate.io APP - click on 'Coin Circle' - click on 'Trends' - 'Hot Chat', enter the 'Group Chat'🔗https://gateio.go.link/gateio/group?adj_t=1f4qkgnj_1fitml9q&adj_redirect=https://www.gate.io/?chatroom=group

🥮Guess the coin name and join the gate community group to win $60 Mid-Autumn Festival gifts! ✅Activity 1 [Look at the letters, spell the coin name] ⏰Time: 12:00 on September 13th (UTC+8) ✅Activity Two [Guess the Riddle, Name the Coin] ⏰Time: 12:00 on September 14th (UTC+8) 🎁Reward: There are a total of 10 cryptocurrency riddles, and the first two users to answer each question correctly will share the $60 prize. Join the community and participate on time: 👉🏻 Open gate App - Click on "Hot Chat" - Enter "All Staff Communication Group" 🔗https://gateio.oneLink.me/LHro/group?chatroom=group

coin The U.S. Senate's proposed Payment stablecoin Act could encourage banks to participate in issuance dollar-pegged stablecoin, spelling problems for large non-U.S. entities such as Tether, global ratings firm S&P Global Ratings said in an April 23 research note. The rating agency considers stablecoins to be a potential key financial market pillar, noting that BlackRock's recently launched BUIDL fund is a testament to its efficiency and safety in tokenized assets and digital bonds. The bill proposes a $10 billion issuance limit for non-bank stablecoin companies, a ban on "no-account" Algorithmic Stablecoin, and a requirement for stablecoin issuance to hold one-to-one cash or cash equivalents reserves. S&P said the new rules could give banks a competitive advantage by limiting the maximum long issuance of $10 billion for institutions without a banking license. However, the rating agency noted that a $10 billion issuance to non-bank companies could spell trouble for Tether because it is not a stablecoin that allows payments.

According to the monitoring by Whale_, a wallet starting with "0x8c54" transferred 3,750,197,412 SPELL to BTCTURK today, worth approximately 5,699,287 US dollars.

According to Spot On Chain, in the past week, DWF Labs sold 4 cryptocurrencies, namely JASMY, FET, SPELL, and FET, at a high price, totaling $8.64 million.

Is Solana (SOL) gaining a key foothold, XRP too predictable, a last resort for Ethereum (ETH)? Solana shows signs of potentially significant technological developments on its trading chart relative to Ethereum. The asset is currently in a key battle at the 50-day EMA, and this level will determine the medium-term trend direction of the asset. Currently, the 50 EMA acts as a dynamic resistance level. Solana's attempt to break above this level met with resistance, but the bulls persevered in their efforts to break through. If Solana decisively closes above the 50 EMA, a significant new support level could be confirmed, which could boost investor confidence and could lead to a new round of gains in its price relative to ETH. However, despite the bullish attempts, the trading volume situation suggests that there is not a lot of buying activity to provide the strong boost Solana needs to sustain above the 50 EMA. Trading volume is a key indicator of market enthusiasm, but something is lacking, suggesting that the current momentum may not have the necessary momentum to create reliable new support levels. If Solana fails to break above the 50 EMA, the support level to watch is near the 100-day EMA. A pullback to this level may provide a rebound opportunity for the asset, but it also reflects short-term bearish sentiment and suggests that the market is not ready for a breakout. Unpredictability is often the name of the Crypto Assets game. However, XRP has recently been following a path that is "too predictable" for Crypto Assets. A few days ago, XRP seemed to be gathering momentum, but the swift correction quickly dispelled the budding optimism and sent it down to lower support levels. The focus of traders right now is the $0.47 support level. This critical threshold is expected to serve as a springboard for a potential reversal. However, the timing of when XRP will reach and rebound from that level remains vague. The lack of Fluctuation in XRP price Fluctuation further complicates forecasting. Fluctuation is a measure of trading opportunity, and the greater the price Fluctuation, the greater the potential for profit (and loss). The current flat state of price action limits these opportunities and may prompt traders to look for more dynamic assets to trade. Resistance levels to watch are $0.5714 and $0.5633, and if breached, could indicate the start of a reversal pattern. However, without significant buying activity, these levels may continue to limit any upward movement. Ethereum is close to key technical indicators, the results of which could determine the direction of the asset in the coming weeks. Currently, the price of Ethereum is hovering near key points, engaging with the 50-day moving average. Currently, the 50 EMA acts as an immediate resistance level. ETH's ability to break through this barrier is crucial – if successful, it could signal a return to bullish momentum, with potential targets set at higher resistance levels, such as recent highs around $2,436. However, failing to break above this level could spell trouble for Ethereum's short-term outlook. The rejection of the 50 EMA could cause the price to retrace towards the 100 EMA (orange line), which is currently near the $2199.9 mark. Not only would this negate recent progress, but it could also lead to bearish sentiment, which could lead to a downtrend. The volume distribution complicates the situation. With the price approaching the 50 EMA, the drop in trading volume indicates a lack of confidence on the part of traders, which could mean that efforts to overcome this resistance may not be supported by strong buying pressure. From a market perspective, the decrease in trading volume during price increases tends to precede a reversal, suggesting that the current move may lack the momentum needed to sustain a breakout. (Source: Arman Shirinyan)

PANews News on October 12, according to CoinDesk, former CEO of Alameda Research, Caroline Ellison, testified that SBF instructed her to use FTX clients' funds to repay Alameda Research's lenders. Despite her misgivings, she did as he asked. Ellison said she has been concerned since spring 2022 that Alameda's reliance on FTX client funds could spell disaster for both companies. She was relieved when SBF's crypto empire began to crumble, because it meant she could stop lying. Meanwhile, SBF had tried to finance FTX through an investment from Saudi Crown Prince Mohammed bin Salman (MBS). SBF said MBS was previously a potential investor in the exchange. Ellison also mentioned that SBF had hoped to buy Snapchat's parent company. In addition, Caroline Ellison said she and several FTX and Alameda executives "paid large bribes to Chinese officials" to unlock funds frozen on Chinese exchanges. After the FTX/Alameda team initially failed to negotiate with the Chinese government through lawyers to unlock the funds, they then tried to release the funds through a scheme involving the creation of fake foreign exchange accounts using the identity of "Thai prostitutes", but failed again. Eventually, those funds were secured after Ellison paid out $100 million to a crypto account. She understands that the account is somehow linked to Chinese government officials.

Former Alameda CEO Caroline Ellison testified that Sam Bankman-Fried told her to continue repaying Alameda Research's lenders with FTX customers' money, and she did so despite her misgivings. Ellison said she has been concerned since spring 2022 that Alameda's reliance on FTX client funds could spell disaster for both companies.

According to the news on August 4th, the MakerDAO governance portal has launched new implementation proposals on enhanced DSA activation, Spark Protocol debt ceiling increase, RWA treasury update, AVC member compensation in the second quarter of 2023, Monetails Clydesdale’s DAO resolution, start-up project funds, Spark Proxy Spell execution. The proposal will close on September 3rd at 03:35. If the implementation proposal is passed, the DAI savings rate will increase from 3.19% to 8%; the maximum debt ceiling of the Spark Protocol direct deposit module will be increased from 20 million DAI to 200 million DAI; the RWA004-A debt ceiling will be increased from 7 million DAI Down to 0 DAI, RWA002-A agreement will be updated; 134.1 MKR will be distributed to AVC members; MakerDAO will approve DAO resolution with IPFS hash value QmaGTVioBsCPfNoz9rbW7LU6YuzfgqHDZd92Hny5ACfL3p; transfer 2 million DAI to 0x3C5142F28567E6a0 F172fd0BaaF1f2847f49D02F, used as part of the Endgame starter project ; Spark Protocol will update the DAI interest rate strategy and reduce the DAI market loan-to-value ratio (LTV) from 74% to 0.01%, the DAI liquidation threshold from 76% to 0.01%, and the WETH market reserve ratio from 15% to 5% %, WETH's _iableRateSlope1 will drop from 3.8% to 3%.

Odaily Planet Daily News NCRI, an agency that studies cybersecurity and social media threats, released a report on Wednesday that false tweets on Twitter (now known as X) have seriously affected the prices of five FTX listed tokens traded by Alameda insiders. These tokens are BOBA, GALA, IMX, RNDR, and SPELL. After FTX officially listed these tokens, fake tweets about these tokens (such as tweets posted by bots) surged, in some cases rose by 30%, and inauthentic comments ended up accounting for about 100% of all Twitter about these tokens half of the tweet. (CoinDesk)

NCRI, an agency that studies cybersecurity and social media threats, released a report on Wednesday showing that inauthentic tweets on Twitter (now X) heavily affected five FTX-listed tokens traded by Alameda insiders. s price. These coins are BOBA, GALA, IMX, RNDR and SPELL. After FTX officially listed the tokens, fake tweets about the tokens proliferated, in some cases by 30%, and inauthentic comments ended up accounting for roughly half of all Twitter posts about the tokens.

Jinse Finance reported that Abracadabra DAO, the governance body behind Magic Internet Money and Spell tokens, announced a legal framework proposal aimed at transitioning from a decentralized structure to a more centralized one. According to a forum post by Abracadabra’s project lead yesterday, the proposal proposes appointing a trustee or attorney dedicated to intellectual property to protect the DAO’s trademark and manage server fees, with key decisions remaining under the jurisdiction of Spell token holders.

Jinse Finance reported that Abracadabra DAO, the governance body behind Magic Internet Money and Spell tokens, announced a legal framework proposal aimed at transitioning from a decentralized structure to a more centralized one. According to a forum post by Abracadabra’s project lead yesterday, the proposal proposes appointing a trustee or attorney dedicated to intellectual property to protect the DAO’s trademark and manage server fees, with key decisions remaining under the jurisdiction of Spell token holders.