🎉 #Gate Alpha 3rd Points Carnival & ES Launchpool# Joint Promotion Task is Now Live!
Total Prize Pool: 1,250 $ES
This campaign aims to promote the Eclipse ($ES) Launchpool and Alpha Phase 11: $ES Special Event.
📄 For details, please refer to:
Launchpool Announcement: https://www.gate.com/zh/announcements/article/46134
Alpha Phase 11 Announcement: https://www.gate.com/zh/announcements/article/46137
🧩 [Task Details]
Create content around the Launchpool and Alpha Phase 11 campaign and include a screenshot of your participation.
📸 [How to Participate]
1️⃣ Post with the hashtag #Gate Alpha 3rd
Federal Reserve Bank of the United States: Although the encryption market will recover in 2023 and 2024, the holding of Crypto Assets continues to decline.
According to research by the U.S. Federal Reserve, although the Crypto Assets market has recently experienced a recovery, the holding rate of Crypto Assets has not risen accordingly. The Consumer Finance Institute (CFI) of the Federal Reserve Bank of Philadelphia stated in a report on September 6th that the ownership rate of Cryptocurrency decreased from 24.6% in January to 19.1% in October during the Bear Market in 2022. Even during the subsequent 18-month market recovery period, the ownership rate did not significantly increase. In October 2023, the ownership rate was 17.1%, further dropping to 15.4% in January 2024. Additionally, when the BTC price reached its peak in April 2024, the ownership rate was only 16.1%, and two months later in July, it dropped to 14.7%.