💰 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
Canary's submitted Litecoin ETF may receive a decision from the SEC on May 5.
According to Wu, Bloomberg analyst James Seyffart stated that the Litecoin ETF filed by Canary Funds is expected to receive a decision from the U.S. Securities and Exchange Commission (SEC) by May 5 at the latest, which may result in a delayed decision. Previously, the SEC had made delayed decisions on several applications in advance, but did not include this ETF. He believes that if any assets are likely to be approved early, Litecoin may have a certain possibility, although he personally tends to expect a delay.