💰 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
Berachain stablecoin total supply has significantly decreased in the past month, dropping to approximately 550 million USD.
According to Wu, due to the decrease in BGT Mining rewards, the total supply of Berachain stablecoins has significantly decreased over the past month, dropping from a peak of 1.4 billion USD to about 550 million USD. Among them, the supply of the native stablecoin Honey has fallen from 740 million USD to about 280 million USD. The TVL of mainstream cross-chain assets (BTC, ETH, stablecoins, etc.) has dropped from a peak of 3.5 billion USD to about 2.7 billion USD, but there has been no significant outflow of mainstream assets like BTC and ETH. It is worth noting that the current TVL of mainstream cross-chain assets is mainly composed of deposits from the Boyco market. On May 6th, the funds from the Boyco 90-day Lock-up Position fund and related rewards will be unlocked, making the flow of funds more worthy of attention at that time.