💰 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
Badger votes on two proposals: the grant program and converting 50% of wBTC liquidity to eBTC.
Golden Finance reported that Badger announced that 2 proposals have been voted through, with one proposal allowing the Treasury to now have the right to move up to 50% of the Treasury Controlled Liquidity (TCL) from BADGER/wBTC to BADGER/eBTC; and another proposal approving the Badger grant program, with the proposal stating that a $250,000 grant program will be launched in the second half of 2024 to expand the product range and attract new contributors.