BTC $62,797.38 -1.20%
ETH $1,874.15 -0.49%
BNB $605.49 -0.82%
XRP $1.00 -0.38%
SOL $75.42 -0.42%
TRX $0.3331 -0.15%
DOGE $0.0694 -0.79%
ADA $0.1816 -1.84%
BCH $205.08 -3.90%
LINK $8.77 +0.87%
HYPE $56.47 -1.85%
AAVE $86.83 -2.05%
SUI $0.6758 -1.76%
XLM $0.1587 -1.38%
ZEC $488.08 -1.24%
BTC $62,797.38 -1.20%
ETH $1,874.15 -0.49%
BNB $605.49 -0.82%
XRP $1.00 -0.38%
SOL $75.42 -0.42%
TRX $0.3331 -0.15%
DOGE $0.0694 -0.79%
ADA $0.1816 -1.84%
BCH $205.08 -3.90%
LINK $8.77 +0.87%
HYPE $56.47 -1.85%
AAVE $86.83 -2.05%
SUI $0.6758 -1.76%
XLM $0.1587 -1.38%
ZEC $488.08 -1.24%

z

All
Article
Flash

The reward range for Gate Card points has been expanded, allowing card usage to unlock gold stablecoins and popular tokenized stock assets

According to official news, Gate will upgrade the Gate Card points reward program on August 14, 2026. After the upgrade, the assets that can be redeemed with Gate Card points will expand from primarily supporting USDT and GT to include USDT, GT, BTC, ETH, GUSD, as well as tokenized stock assets such as NVDAG, AAPLG, GOOGLG, SPCXG, TSLAG, MUG, SNDKG, and SKHYG, corresponding to Nvidia, Apple, Google, SpaceX, Tesla, Micron Technology, SanDisk, and SK Hynix. The newly added tokenized stock assets cover several popular fields such as AI, semiconductors, and consumer technology. After earning points through eligible daily spending, users can redeem mainstream crypto assets like BTC and ETH according to their preferences, or they can redeem corresponding tokenized stock assets like Nvidia, Apple, Tesla, and SpaceX. In addition, Gate Card points will also support the redemption of gold-backed stablecoins (XAUT), effectively enriching users' options for point redemption.The redemption ratio for Gate Card points remains at 100 points = 1 USDT equivalent asset, and points are permanently valid, with other core rules unchanged. Users can still earn cashback points through eligible Gate Card spending, with the cashback ratio continuing to be calculated based on the user's T0--T5 / VIP level. This upgrade will not affect the existing point acquisition mechanism but will provide users with more asset choices at the redemption end, expanding the application scenarios for Gate Card points. By upgrading the points reward program, Gate Card will further connect payment consumption with asset accumulation, offering users richer rights options and a more flexible asset management experience.

Garrett Jin: Hynix has rebounded to the profit-taking zone, planning to buy on Bitcoin's pullback, and be cautious of the remaining unlocks after SpaceX's short squeeze

Garrett Jin released this week's market report, characterizing the rebound in the South Korean market as a wide-ranging fluctuation rather than a new trend. SK Hynix rebounded continuously after retesting the 1.42 million won area, closing up 5.9% at 1,593,000 won. The KOSPI has risen 20% from the July low, entering a technical bull market, but foreign capital has not shifted to long-term holdings, and the drag from leveraged ETFs remains. Garrett Jin set the first profit-taking level at $1,150 (approximately 1.63 million won), with the next target at $1,300 (1.85 million won).Garrett Jin also noted that gold recorded its strongest weekly gain since January this week at +7.8%, priced at $4,388. The driving factors were a decrease of 23,000 in July non-farm payrolls and a moderate CPI that dampened September rate hike expectations. However, it is currently overbought in the short term, and a pullback could present an opportunity for incremental accumulation. Bitcoin has shown no response to the same macro-positive factors, remaining trapped between the support at $62,500 and resistance at $65,000-$70,000, with the bottom structure since $57,700 gradually being built. Garrett Jin will wait for the next buying opportunity after a pullback.Regarding SpaceX, Garrett Jin believes the recent performance is a classic case of "bad news fully priced in + short squeeze," with the unlocking itself becoming a washout rather than the starting point of a decline. However, the unlocking window has not yet ended, with an additional 319 million shares to be unlocked, approximately 700 million shares each in September and October. The current range up to $160 is a profit-taking zone rather than a high-entry zone.
app_icon
ChainCatcher Building the Web3 world with innovations.