📊 Gate.io Reserves Surpass $10 Billion!
Key Highlights:
💰 Total reserves surged to $10.328 billion, ranking 4th globally
📈 Total reserve ratio: 128.58%, a 4.67% increase from December
🛡 Surplus reserves hit $2.296 billion, growing 24.38%
🔐 Zero-knowledge proof technology enhances transparency & privacy protection
📆 #Proof of Reserves# report as of January 17th, 2025
🔗 Check the latest reserve details: https://www.gate.io/proof-of-reserves
Fed Survey: Cryptocurrency Ownership Rates Did Not Rise with Market Recovery, But Purchase Intentions Rose
On September 9th, according to Cointelegraph, the Consumer Finance Institute (CFI) of the Federal Reserve Bank of Philadelphia released a report on September 6th showing that the Cryptocurrency holding rate did not rise with the market recovery. The survey showed that from January 2022 to October, the Cryptocurrency holding rate dropped from 24.6% to 19.1%. Despite the market recovery in the following 18 months, the holding rate was only 15.4% in January 2024. During the peak price of BTC in March and the Halving in April, the holding rate did not show a significant rise. However, researchers point out that this year's price pump seems to have led to an increase in future buying intentions. During the Cryptocurrency winter in 2022, the buying intention dropped from 18.8% to 10.6%, but with the market recovery, by April 2024, 21.8% of respondents said they might buy Cryptocurrency.