📢 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
Market Overview
Bitcoin's price has recently surged above $60,000, reaching its highest point since 2021. Enthusiasts are closely monitoring whether it can achieve a new record high during this bullish trend.
Regulatory Developments
United States: President Donald Trump has expressed a strong commitment to making the U.S. a "bitcoin superpower," focusing on overhauling financial regulations to support cryptocurrency growth. However, this emphasis on crypto may divert attention from broader applications of blockchain technology, such as the tokenization of mainstream assets. Industry experts suggest that the U.S. could risk falling behind other nations in this area.
European Union: The European Central Bank (ECB) views President Trump's crypto initiatives as a potential catalyst for accelerating the development of the digital euro. ECB board member Piero Cipollone indicated that the U.S. plan could expedite legislative backing for the digital euro.
Market Trends
Institutional Investment: Companies are increasingly holding Bitcoin to enhance their share prices, a trend encouraged by the crypto-friendly stance under President Trump. However, this strategy carries significant risks due to Bitcoin's volatility.
Mergers and Acquisitions: The U.S. has experienced a 30% decline in mergers and acquisitions, marking the worst start in a decade. This downturn is partially attributed to President Trump's actions, which have introduced market uncertainty.
Notable Events
Super Bowl Betting: The Super Bowl has seen significant betting activity involving cryptocurrencies, highlighting the growing intersection between traditional sports and digital assets.
Polish Central Bank's Stance: The Polish central bank has reiterated its rejection of Bitcoin, maintaining a cautious approach toward cryptocurrency adoption.
MicroStrategy Rebranding: MicroStrategy has rebranded, signaling a deeper commitment to Bitcoin and digital assets as part of its corporate strategy.
Please note that the cryptocurrency market is highly volatile, and developments can change rapidly. It's advisable to consult multiple sources and consider professional advice when making investment decisions.