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- 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win. - 📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its - 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Midday news update #Web3
1️⃣ 💥 Massive Crypto Liquidations Rock Market
Over $614.8M in positions were liquidated in the past 24 hours, affecting more than 147,000 traders, mostly long positions in $BTC and $ETH (Blockchain Reporter).
Some reports indicate total liquidations may have exceeded $900M during the dip .
2️⃣ 📉 Bitcoin & Ethereum Price Update
$BTC plunged below $113,000 amid heavy sell-offs, currently trading in the $112,800–$113,000 range.
$ETH slid roughly 3.7%, now hovering around $3,425–$3,500.
3️⃣ 🌐 Tariff Fears Spark Market Panic
U.S. tariff policy announcements are believed to have triggered the sharp downturn, causing $BTC to fall to a 3-week low and accelerating capital outflows and liquidations.
4️⃣ 🔍 August Outlook Remains Mixed
Despite the current volatility, analysts from CoinCodex suggest potential for a bullish reversal later this month, driven by ETF flows, shrinking exchange balances, and improving sentiment.