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- 🗒 Gate.io Suggested Topics Posting Event: #NFP Data Release#
✍️ Please include the topic #NFP Data Release# in your post
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The Non-Farm Payroll (NFP) data is set to be released on May 2nd. As a key economic indicator, it often has a significant impact on market sentiment. How do you think this upcoming report will influence the crypto market’s direction? Are you bullish or bearish?
Post with the hashtag #NFP Data Release# to share your insights or analysis to share the $50 reward pool!
⏰ Event Time: April 30, 4:00 AM - May 1, 4:00 AM (UTC)
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Viewpoint: Gold-backed stablecoins will outperform USD-pegged stablecoins.
According to ChainCatcher news, reported by Cointelegraph, bitcoin maximalists Max Keiser stated that gold-backed stablecoins will outperform USD-pegged stablecoins globally due to gold's inflation hedging characteristics and minimal fluctuations. Kaizer believes that gold is more trusted globally than the US dollar and stated that foreign governments that have an antagonistic relationship with the US will not accept stablecoins pegged to the dollar.