💰 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
Whale Sold Ethereum While the Price was Dipping, Went for Cash and Bought This Altcoin! - Coin Bulletin
Recently, while Ethereum (ETH) and other cryptocurrencies experienced significant get dumped, a whale made a remarkable move
According to data from the on-chain data and analytics platform Lookonchain, today a whale**, spending 1,906 Ethereum (ETH), which is approximately 3.6 million dollars, purchased 20,654 AAVE**. This large purchase can be considered a "opportunistic buy" by investors, as it occurred during a period of downturns in the cryptocurrency market.
According to Coingecko data, Ethereum has got dumped 20% in the last month and is currently trading at 1,876 dollars. In the last 24 hours, there has been a 1.7% drop. A whale took advantage of this situation and redirected their investment to AAVE.
AAVE is known as a strong project in the decentralized finance (DeFi) sector. It can be said that this investment by the whale demonstrates confidence in AAVE's future potential.