Gate News: According to the June 12 Gate Research Institute daily report, after BTC dipped to $59,129, it rebounded to above $63,000 and is currently consolidating around $63,359; ETH rose from a $1,505 low to around $1,660, and in the short term it is still under moving-average pressure.
Among popular tokens, VELVET jumped 87.59% driven by the DeFi asset management narrative, MCTP rose 80.70% as demand for high-volatility, small-cap speculative trading heated up, and the AI-themed project SKYAI gained 54.15% as activity on the track and trading momentum increased.
In terms of product expansion, Gate has supported SpaceX Pre-IPO trading. The company completed IPO pricing of $75 billion, at $135 per share; Gate supports trading related to the 2026 World Cup prediction market; and Citibank launched a tokenized stocks product, further linking traditional private equity with on-chain assets.