💰 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
Sun Yuchen's account claims that First Digital Trust is insolvent, and FDUSD has significantly depegged to 0.88.
TRON founder Justin Sun stated: Protecting users, protecting Hong Kong First Digital Trust (FDT) is actually insolvent and unable to fulfill its obligations to redeem customer funds. I strongly advise users to take immediate action to safeguard their asset security. There are significant loopholes in the trust license approval process and internal risk control within the financial system in Hong Kong. I urge regulatory agencies and law enforcement to intervene quickly, ascertain the issues, and prevent further significant losses. Hong Kong's reputation as a global financial center is facing a severe test, and similar financial fraud incidents must not happen again.
FDUSD fell sharply, and the spread with USDT reached 1:0.88:
In this article, Sun Yuchen's account claims that First Digital Trust is insolvent, and FDUSD has significantly decoupled to 0.88, first appearing in Chain News ABMedia.