📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
#Crypto# # Summary 16.08.2025
➡️ #Crypto# # Market Cap Falls Below $4 Trillion
The global #cryptocurrency# market cap dropped to approximately $3.97 trillion, declining 1.76% over the last 24 hours, with #Bitcoin# #trading# at $117,568 (-1.20%) and most #major# #cryptocurrencies# showing mixed performance.
➡️ Bitcoin's 200-Day Moving Average Breaks $100,000 for First Time
Bitcoin's 200-day moving average surpassed $100,000 on August 16, marking a key technical milestone signaling sustained #bullish momentum and institutional confidence despite current price corrections.
➡️ #Ethereum Slides Below $4,400 After Rally Stalls
#Ethereum dropped 5.09% to trade below $4,400 after reaching near all-time highs, with over $3.2 billion worth of $ETH stuck in validator exit queues causing liquidity concerns. Despite the pullback, analysts maintain targets of $5,000-$6,000 for August.
➡️ Federal Reserve Rate Cut Expectations Rise
Market participants now anticipate three 25 basis point rate cuts before year-end, with futures showing a 96% probability of a September cut following weak job data and inflation concerns easing pressure on monetary policy.
➡️ SEC's "Project Crypto" #Gains Momentum
The SEC continues its comprehensive #crypto regulatory overhaul, with Chair Paul Atkins stating most # cryptocurrencies # are not securities and directing staff to create clear guidelines for # crypto distributions, custody, and trading.
➡️ #Crypto# # Hackers Cash Out $72 Million During $ETH Rally
Three #major# #crypto exploiters took advantage of Ethereum's recent surge to liquidate stolen funds, with the #Radiant Capital hacker alone gaining $48.3 million in additional profits beyond their original $53 million theft.
➡️ Digital Asset Treasury Stocks Plunge
Strategy, Metaplanet, and other #Bitcoin# treasury companies saw significant declines as $BTC pulled back from $124,000 highs, reflecting their high-beta nature to #cryptocurrency# price movements.
➡️ #Stellar Lumens Shows Strength
$XLM holds firm with strong support at $0.42 as record wallet growth and rising total value locked fuel #optimism for a breakout toward $0.50 resistance levels.
💛