💰 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 Hong Kong dollar has risen to the strong side of the peg against the US dollar, a first in four years.
Jin10 data reported on May 2nd, according to LSEG data, the Hong Kong dollar reached the strong-side convertibility guarantee level of 7.75 HKD against the US dollar on Friday. The last time the Hong Kong dollar reached the strong-side convertibility guarantee level was at the end of 2020, while it touched the weak-side convertibility guarantee level in 2022 and 2023.