💰 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
SEC terminates investigation into OpenSea
Odaily Planet Daily News OpenSea co-founder and CEO Devin Finzer announced that the SEC has concluded its investigation into the Non-fungible Token market. He stated that this is a huge victory for the entire field, believing that classifying Non-fungible Tokens as securities is a misunderstanding of the law and will hinder innovation. Previously, the SEC issued a Wells notice to OpenSea in August 2024, accusing it of operating as an unregistered securities trading platform. Despite being competitors, Magic Eden's Chief Business Officer Chris Akhavan believes this is a major victory for the Non-fungible Token industry, and both companies are deeply convinced of the potential of Non-fungible Tokens. (Cointelegraph)