Gate News bot message: According to the latest Gate TradFi data, SNOW has risen by 6% in the short term, with current volatility significantly higher than the recent average level, indicating increased market activity.

Gate News bot message: According to the latest Gate TradFi data, SNOW has dropped 8% in the short term, with current volatility significantly higher than recent average levels, and market activity has increased.

A powerful winter storm could cause Bitcoin miners in the southern United States to suspend operations. The storm has a wide impact, affecting over 60 million people. Historically, miners have proactively reduced activity in similar situations to protect the power grid. As extreme weather events increase, the demand for mining load balancing will rise.

According to Gate News bot, the announcement from Gate platform on November 25, 2023. Gate has launched a winter skiing season event, offering professional skiing equipment to users who complete specified tasks. The registration period for the event is from November 25th, 16:00 to December 9th, 16:00 (UTC+8). Users who complete the net recharge and additional holding tasks of YuBiBao within 30 days after registration can receive corresponding rewards. Among them, completing a net recharge of 5 million USD and maintaining the same amount of average additional holdings in YuBiBao can earn a full set of Burton snow gear or an equivalent reward of 2,250 USDT. The reward tiers also include ski suits, 30th anniversary commemorative ski boards, and three-piece sets, corresponding to reward amounts ranging from 420 to 2,250 USDT.