New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
news🫥
1. China Eyes Yuan-Backed Stablecoins to Boost Global Currency Usage
China is considering approving yuan-backed stablecoins this month to internationalize its currency and compete with dollar dominance. Implementation is expected in Hong Kong and Shanghai.

2. Bitcoin Drops ~8%, Ethereum Gains in Last 24 Hours
Over the past week, Bitcoin declined nearly 8% to around $113K, while Ethereum rose approximately 3% in a single day to about $4,289. Analysts note cautious optimism with potential early signs of recovery.

3. Asian High-Net-Worth Investors Increase Crypto Allocations
Wealthy family offices and investors in Asia are boosting crypto exposure amid favorable regulatory environment and strong prior returns—some targeting crypto as 5% of their portfolios.

4. Bitcoin & Altcoins Mixed; Meme Coin Sparks Regulatory Spotlight
Bitcoin dipped slightly (~0.2%) to $113,858. Ethereum, Solana, and XRP gained. Meanwhile, Kanye West’s launch of a Solana-based meme coin called YZY Money intensifies regulatory concerns.