💰 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
The EGLD token on the MutiversX platform is among those that have risen in value the most in the last 7 days. Data from TradingView shows upside amounting to nearly 40% in 24 hours and more than 65% in the last seven days.
The increase in interest in this artificial intelligence (AI)-related token likely has to do with several announcements made by those in charge of the MultiversX project in recent weeks. Among them is the partnership with Google Cloud to work on integrating this new technology with web3.
According to information released by the MulteversX team at the XDay event, the Internet tech giant is interested in artificial intelligence joining with blockchain technology in order to strengthen its presence within this ecosystem. The idea is to intensify its participation in building the third generation of the Internet.
In this way, Google Cloud's BigQuery data warehouse integrates with MultiversX, which will help Web3 projects and users gain valuable insights from data analytics and AI tools within Google's ecosystem.
The aim is for developers to handle data on addresses, traded amounts, smart contract interactions, and further on-chain analytics. Something that is already possible for users of Bitcoin, Ethereum Arbitrum, and other cryptocurrencies, including Solana's SOL.
With this alliance, Google Cloud has become "layer 0" of the MultiversX infrastructure, its developers said. Startups and blockchain-based projects will be able to access up to $200,000 in credits and go-to-market opportunities through Google Cloud.