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- 🎃 Halloween is here! Four GDOGs line up! 👻
🧡 Can you spot which GDOG secretly dressed up for Halloween today?
💰 Join the fun — 3 lucky users will each win 20 USDT!
👉 How to participate:
1️⃣ Follow Gate_Square
2️⃣ Like this post
3️⃣ Comment with your answer
🗓️ Deadline: November 2, 2025, 16:00 UTC - 💥 Gate Square Event: #PostToWinPIGGY 💥
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Launchpool 👉 https://www.gate.com/announcements/article/47886
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🥇 1st Prize (1 winners): 40 PI - 🚀 Gate Square Creator Certification Incentive Program Is Live!
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Click to apply now 👉 - 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
💡 What to Do:
Share your market view on this week’s theme: #WillBTCHit120K ?
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🏆 Rewards (Total $1000 in Position Vouchers)
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Coinbase cbBTC supply surpasses 30,000 pieces, wBTC market share declines
Golden Finance reports that Coinbase’s synthetic Bitcoin product cbBTC has seen a rapid rise since its launch in September 2024, with the supply now exceeding 30,500 BTC and a cumulative increase of over 160% in 2025. Meanwhile, the supply of wBTC has decreased by 17% since the launch of cbBTC, with an annual decline of 4%. It is worth noting that although the cbBTC rise is significant, the total supply of synthetic Bitcoin on Ethereum has only increased by about 3%, indicating that the expansion of cbBTC is primarily a substitution effect within market share, rather than an overall inflow of new funds. The reason for the growth of cbBTC lies in Coinbase’s ability to directly attract BTC holders through self-custody and exchange channels, reducing operational friction and making it more convenient compared to third-party minting.