💰 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
Solana price outlook brightens as SOL staking volume surpasses Ethereum’s :
Solana remains bullish but struggles to break the 100-day EMA resistance and extend the uptrend above $150.
Solana staking volume surpasses that of Ethereum, but the ETH protocol has an edge in optimizing decentralization and infrastructure.
SOL could extend gains beyond $160 following a falling wedge pattern breakout.
Solana (SOL) is trading at $148 during the European session on Friday, down slightly on the day, even as the crypto market extends a sigh of relief on the promise of potentially easing trade tensions between the United States (US) and China.
According to China’s Commerce Ministry, "the US has proactively reached out to China through multiple channels, hoping to hold discussions on the tariff issue," Reuters reports. Although the exact timing of a tariff truce between China and the US remains unknown, sentiment across the crypto market has remained largely bullish.
#SOL#