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GateSquareAprilPostingChallenge
The start of the week saw significant developments that affected the global economy and the cryptocurrency system. Several updates emerged overnight regarding the Iranian conflict. A senior Iranian official stated that Tehran will not bow to deadlines or external pressures when making decisions. Iran refuses to reopen the Strait of Hormuz in exchange for any temporary ceasefire agreement. Tehran officials believe that the United States is not committed to a permanent ceasefire. The Iranian Foreign Minister argues that a short-term ceasefire will only extend ongoing war crimes and calls for a complete end to the war. At the same time, the French Central Bank moved 129 tons of gold again to Europe from New York, indicating a possible strategic repositioning. Jamie Dimon warned that the Iranian conflict could cause major shocks in oil and commodity prices and reshape global supply chains.
A two-phase ceasefire proposal was put forward through Pakistani mediation, but Iran rejected opening the strait in exchange for a temporary ceasefire. These geopolitical tensions pushed oil prices higher and created uncertainty in global markets. As gold prices continue to rise, the French Central Bank’s move is viewed as a strategic step in managing reserves. In the cryptocurrency markets, Bitcoin rebounded after reports of ceasefire talks, and Bitcoin ETFs registered net inflows: (ETFs). Institutional interest also supported the Ethereum market. The tokenized real-world asset market reached $27.6 billion in April. Although these developments affected risk appetite, the cryptocurrency system remains sensitive to geopolitical news. The global economy is seeing volatility due to oil shocks and supply chain risks.
#MyAdviceExperienceSharing
Take action now and share your first message in the arena this April!
👉️ https://www.gate.com/post
🗓 Deadline: April 15
Details: https://www.gate.com/announcements/article/
Significant developments impacting the global economy and cryptocurrency ecosystem occurred at the start of the week. Multiple updates regarding the Iran conflict emerged overnight. A senior Iranian official stated that Tehran would not succumb to deadlines or external pressure when making decisions. Iran is refusing to reopen the Strait of Hormuz in exchange for any temporary ceasefire agreement. Officials in Tehran believe the US is not committed to a permanent ceasefire. The Iranian foreign minister argues that a short-term ceasefire would only prolong the ongoing crimes and demands a complete end to the war. Meanwhile, the French central bank moved 129 tons of gold back to Europe from New York, signaling a possible strategic repositioning. Jamie Dimon warned that the Iran conflict could trigger major shocks in oil and commodity prices and reshape global supply chains.
A two-stage ceasefire proposal was offered through Pakistani mediation, but Iran refused to open the strait in exchange for a temporary ceasefire. These geopolitical tensions have pushed oil prices upward and created uncertainty in global markets. As gold prices continue to rise, the French central bank's move is seen as a strategic step in reserve management. In the cryptocurrency markets, Bitcoin has recovered following reports of ceasefire talks, and spot Bitcoin exchange-traded funds (ETFs) have recorded net inflows. Ethereum has also been supported by institutional interest. The tokenized real-world asset market reached $27.6 billion in April. While these developments have affected risk appetite, the crypto ecosystem remains sensitive to geopolitical news. The global economy is experiencing volatility due to oil shocks and supply chain risks.
#MyAdviceExperienceSharing
Take action now and post your first plaza message in April!
👉️ https://www.gate.com/post
🗓 Deadline: April 15th
Details: https://www.gate.com/announcements/article/50520