💰 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
XRP's Potential Boost: Larsen's SEC Meeting Sparks Speculation
XRP recently experienced a significant 12.6% price surge following rumors linking Ripple CEO Brad Garlinghouse to Donald Trump. Now, attention shifts to Ripple co-founder Chris Larsen's scheduled meeting with the U.S. Securities and Exchange Commission (SEC) on May 2nd, sparking speculation of a similar price catalyst. 1
Garlinghouse-Trump Rumors and Market Reaction
The market's reaction to the Garlinghouse-Trump rumors highlights the sensitivity of XRP's price to potential regulatory or political developments. The substantial increase underscores the community's anticipation of any news that could positively impact XRP's regulatory standing.
Larsen's SEC Meeting and Market Expectations
Chris Larsen's upcoming meeting with the SEC has ignited discussions within the XRP community about potential outcomes. Investors are hopeful that this meeting could lead to positive developments in the ongoing legal and regulatory discussions surrounding XRP.
Potential for Market Volatility
The anticipation surrounding Larsen's meeting has created a sense of heightened market volatility. Any positive news from the meeting could trigger a significant price surge, while unfavorable developments could lead to a sharp decline.