📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
BitMine Chairman Tom Lee stated that the bubble of digital asset vault companies may have burst.
PANews, October 16th news, according to Fortune, BitMine Chairman Tom Lee mentioned in Crypto Playbook that several DAT (Digital Asset Trust Companies) are trading below their net asset value, indicating that the bubble may have burst. BitMine is transforming into a public vehicle primarily holding Ethereum, with a market capitalization exceeding $15 billion and holding over 3 million ETH (approximately 2.5% of the total supply), aiming to increase this to 5%, and generating yields through staking while being included in major indices. Lee stated that Ethereum is still the “Blockchain of Wall Street,” with BitMine acting as a bridge for institutions to understand Ethereum upgrades; however, he warned of more DATs entering the market, covering “alt” assets such as Dogecoin and Worldcoin, which could exacerbate valuation discounts and risks.