🍕 Bitcoin Pizza Day is Almost Here!
Join the celebration on Gate Post with the hashtag #Bitcoin Pizza Day# to share a $500 prize pool and win exclusive merch!
📅 Event Duration:
May 16, 2025, 8:00 AM – May 23, 2025, 06:00 PM UTC
🎯 How to Participate:
Post on Gate Post with the hashtag #Bitcoin Pizza Day# during the event. Your content can be anything BTC-related — here are some ideas:
🔹 Commemorative:
Look back on the iconic “10,000 BTC for two pizzas” story or share your own memories with BTC.
🔹 Trading Insights:
Discuss BTC trading experiences, market views, or show off your contract gai
🚨 CryptoQuant: Undervalued ETH Attracting ETF Buyers, Potential Market Rebound Ahead
@cryptoquant\_com reports that ETH's MVRV ratio relative to BTC has dropped to its lowest since 2019, signaling it may be undervalued. Historically, ETH tends to outperform BTC from such levels.
📊 ETH/BTC ETF allocations have risen significantly since late April, reflecting institutional optimism driven by the upcoming Pectra upgrade and improved macro conditions. On-chain data shows reduced sell pressure and increased ETH volume.
🔄 ETH/BTC has already rebounded 38% from its Jan 2020 low, sparking renewed bets on ETH’s bottom and the potential start of a new altcoin season.
#Ethereum # BTC #CryptoQuant # etf #Web3