Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
Gate MCP
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 30+ AI models, with 0% extra fees
The German government recently lost an additional USD 124 million in Bitcoin gain
The price of Bitcoin rose just after Germany's sale
On July 13, the state of Saxony in Germany completed the sale of the 50,000 BTC reserve that had been confiscated from the movie piracy site, movie2k, generating around USD 2.87 billion. In doing so, they secured a profit of over USD 740 million compared to their acquisition cost of USD 2.13 billion in January.
However, just after its sale, Bitcoin prices surged by up to 16.55%, driven by the assassination attempt on former United States President Donald Trump, which has increased his chances of re-election in November.
The government of Saxony's odds of generating maximum returns were highest in March, when BTC renewed its all-time high at around USD 74,000.