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- 🔥 Gate Post Ambassador Exclusive Posting Reward Task Is On!
👉 Post daily from May 19 to May 25 and share a $300 prize pool based on your post quality!
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Post every day for 7 days with an overall quality score above 90 to qualify for S-Level.
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- Gate Brand Strategy Major Upgrade
Launching our global domain Gate.com, alongside a brand-new logo!
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- 🔵 #Altcoin Season Index Hits 24#
CoinMarketCap data shows the altcoin season index has climbed to 24, up 2 points from yesterday. Among the top 100 projects by market cap, about 24 have outperformed BTC over the past 90 days. Do you think the altcoin season is true here? Which sectors do you expect to lead the charge? Share your predictions!
🔵 #Saylor Hints at More BTC Buying#
Michael Saylor, founder of Strategy, recently released new Bitcoin Tracker updates. Historically, Strategy tends to disclose BTC accumulation the day after such announcements.
What’s your take—will they increase thei - 🔵 #Can BTC Break $110K?#
Bitcoin recently broke above $107,000 and is currently trading around $105,000, just shy of its all-time high at $109,580. Do you think Bitcoin can set a new record and push past $110,000? Share your analysis and predictions with us!
🔵 #AI Token Market Cap Rebounds#
According to CoinGecko, the total market cap of the AI agent sector has rebounded to $6.862 billion, with a 1.2% increase in the past 24 hours. Notably, VIRTUAL surged 18.5%, and AI16Z rose 7.1%. Which AI tokens are you bullish on? How are you planning your portfolio strategy? Let’s hear your thoughts! - 🍕 Bitcoin Pizza Day is Almost Here!
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May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
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Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
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Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
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Discuss BTC trading experiences, market views, or show off your contract gai
Web3 executives claim that high-speed Oracle Machines are disrupting the $50 billion financial data industry.
Source: Cointelegraph Original text: "Web3 executives claim that high-speed oracles are disrupting the $50 billion financial data industry"
Michael James, the head of business development at Douro Labs - the company that developed the Pyth high-speed blockchain oracle network - told Cointelegraph that oracle networks like Pyth are disrupting the $50 billion financial data industry, which provides critical pricing information for exchanges, brokerages, trading firms, and other institutional entities.
In an interview at the 2025 Consensus conference, the executive stated that the Pyth network's data retrieval model distinguishes it from traditional pricing oracles, allowing clients to pay for data on demand and reducing the costs for institutions that depend on real-time market data.
According to Michael, the financial data industry is currently monopolized by about eight major suppliers, who continuously raise prices for their customers at will. He added:
The high cost of financial data stifles innovation and hinders small and medium-sized enterprises from participating in the global financial services industry, further concentrating the industry in the hands of a few large players and preventing the emergence of new use cases.
The Pyth oracle network provides real-time market data and price feeds for cryptocurrencies, stocks, foreign exchange markets (FOREX), commodities, and interest rates.
In December 2024, Pyth announced the launch of real-time oil price data on over 80 blockchain networks.
These real-time oil price feeds track the data of West Texas Intermediate (WTI) and Brent crude oil, aggregating data from multiple sources, paving the way for energy derivatives tools and energy trading on the blockchain.
Throughout the year 2024, the total value locked (TVS) of the Pyth network—a metric tracking the capital secured by the oracle network—grew 46 times.
According to DeFiLlama data, Pyth currently holds about 11.3% of the blockchain oracle market, up from approximately 10.8% reported in September 2024.
Related recommendations: Decentralized finance (DeFi) must return to its P2P roots to achieve mass adoption.