💰 Gate.io Daily Topic & Post Event
➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
Will this boost Bitcoin’s price? Could it set a trend for other states or countries? Share your thoughts!
➡️ #FOMCMeeting#
— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
✍️ Post with #Bitcoin
The appearance of Huangmao has significantly increased my understanding of Cryptocurrency Trading. I had always been curious why these large institutions hold over 10 billion USD in Holdings, with BTC holding prices above 90K and Ether holding prices above 3000. Aren't they afraid of being dumped by the market maker? After some investigation, it turns out they are all accomplices, part of the same group. However, Huangmao and Musk have major disagreements on suppressing China’s plans, and Musk has already been kicked out of the American circle. Does this count as Unfavourable Information for the crypto world? Thankfully, Musk is helping China; otherwise, with Starlink, he could almost destroy China. Just thinking about it is terrifying.