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- 🎉 A Warm Welcome to Dr.Han on Gate Square!
Dr.Han — Founder of Gate and a seasoned crypto industry observer — is now officially sharing insights on Gate Square!
📢 Follow Dr.Han and like or comment on his latest post for a chance to win!
👉 Post: https://www.gate.com/post/status/11966645
👉 Profile: https://www.gate.com/profile/Dr_Han
🎁 Giveaway Alert:
We’ll randomly select 10 lucky users from those who follow + like/comment to receive a limited-edition Gate T-shirt — the same style worn by Dr.Han!
(If shipping is unavailable in your region, a $50 Futures Voucher will be provided instead.)
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- 🔥 Gate Square #Gate Alpha Third Points Carnival# Trading Sharing Event is Live!
Share Alpha trading highlights screenshots with #Gate Alpha Trading Share# to split $100!
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📅 July 4, 4:00 – July 20, 16:00 UTC+8
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Learn more: https://www.gate.com/announcements/article/45908
- 🎉 Gate xStocks Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
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🎁 5 top Square creators * $100 Futures Voucher
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How to Participate:
1️⃣ Follow Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate xStocks Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
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📅 July 3, 7:00 – July 9,
- #GateSquareGiveaway# - Spot the Differences 👀
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💰 $10 Futures Voucher * 5 winners
To join:
🔹Follow Gate_Square
🔹Like this post and drop your answer in the comments
📅 Ends at 16:00 PM, July 7 (UTC)
Will the US Sell Its Gold and Buy Bitcoin? The Most Authoritative Figure Put the Final Point
White House Crypto Chief David Sacks confirmed today that the Trump administration has not yet held discussions about selling state gold reserves to acquire more Bitcoin. However, significant federal departments are preparing to explore independent strategies from the budget to expand the newly announced Strategic Bitcoin Reserve.
Sacks said, 'No discussions have been made on this,' regarding speculation that the government could liquidate gold to support Bitcoin assets and added, 'I see people speculating on the internet about this.'
Sacks noted that any decision on such financial maneuvers would be up to the Treasury Secretary and the Commerce Secretary. "Ultimately, determining whether there are budget-independent ways to add to our Bitcoin Reserve will be up to the Treasury Secretary and the Commerce Secretary," he said, adding, "However, we have not yet had a discussion about what that might be."
The announcement came after President Donald Trump's official order on Thursday to establish the Strategic Bitcoin Reserve. This initiative combines approximately 200,000 BTC obtained by the US government through criminal and legal seizures, worth about 17 billion dollars at current market prices.
According to the decision, the Treasury and Commerce Ministries 'will develop strategies to obtain additional State BTC, on the condition that such strategies are budget-neutral and do not impose additional costs on American taxpayers.'
Since the allocation of funds for taxpayers generally requires congressional approval, budget neutrality is a very important factor for administration in terms of both public perception and legal matters.
The administration also made a clear distinction between Bitcoin and other cryptocurrencies. A senior White House official stated that due to Bitcoin's security, decentralization, and lack of issuing entity, it deserves "special treatment" compared to altcoins such as Ethereum, Solana, XRP, and Cardano.