#BitcoinReserveDeadline 🍒 Bitcoin Reserve Deadline: What Ha | megoshe321 on Binance Square

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#BitcoinReserveDeadline 🍒Bitcoin Reserve Deadline: What Happened?
May 5, 2025, was the official deadline for the U.S. Treasury to submit its assessment on establishing a Strategic Bitcoin Reserve, as mandated by an executive order from President Trump issued on March 6, 2025. This report covers:

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#BinanceLaunchpoolSXT 🍒🍒 The new Binance Launchpool token SXT *Token Details* - *Token Name*: Space and Time (SXT) - *Total Token Supply*: 5,000,000,000 SXT - *Max Token Supply*: 5,000,000,000 SXT - *Launchpool Token Rewards*: 125,000,000 SXT (2.5% of total token supply) - *Initial Circulating Supply*: 1,400,000,000 SXT (28.00% of total supply) *Binance Launchpool Details* - *Farming Period*: May 6, 2025, 00:00 UTC - May 8, 2025, 00:00 UTC (2 days) - *Tokens to Lock*: BNB, USDC, and FDUSD - *Listing Date*: May 8, 2025, 13:00 UTC - *Trading Pairs*: SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, and SXT/TRY *About Space and Time* - *Description*: Space and Time is a decentralized data warehouse that brings verifiable, zero-knowledge (ZK) data processing to smart contracts. - *Technology*: Utilizes Proof of SQL, a sub-second ZK coprocessor, to enable smart contracts to query large volumes of data with cryptographic proofs of integrity. - *Backing*: Microsoft technically supports the launch of the SXT token ¹ ² ³. *How to Earn SXT Tokens* - *Step 1*: Create a verified Binance account - *Step 2*: Deposit BNB, FDUSD, or USDC tokens - *Step 3*: Go to the Binance Launchpool page and lock your tokens to receive SXT rewards ² ⁴

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#USHouseMarketStructureDraft The US House of Representatives has indeed unveiled a new draft on market structure, aiming to clarify the regulatory framework for digital assets. Here's what we know so far ¹ ²: - *Digital Commodities*: The draft proposes a definition for "digital commodities," which could exempt certain tokens from being treated as securities. This classification would depend on whether the network over which they operate is decentralized. - *Decentralization Test*: A network would be considered decentralized if no single person or entity can unilaterally control, materially change, or restrict general users' access. Additionally, certain thresholds would need to be met, such as no person holding or controlling over 20% of the network's outstanding tokens or voting power. - *Regulatory Clarity*: The draft aims to provide regulatory clarity for crypto marketplaces by establishing pathways for lawfully registering certain crypto exchanges. This move could bring much-needed clarity to the US crypto policy. - *SEC vs. CFTC Jurisdiction*: The proposal suggests that digital commodities would fall under the exclusive jurisdiction of the Commodity Futures Trading Commission (CFTC), while the Securities and Exchange Commission (SEC) would retain authority over securities. - *Stablecoin Regulation*: Separate legislation is being worked on to regulate stablecoins, with the goal of establishing a framework for determining when issuers fall under state or federal oversight. Some key implications of this draft include ¹ ³: - *Increased Tradability*: Tokens classified as digital commodities might become more tradable, as they would be subject to fewer securities regulations. - *Reduced SEC Scrutiny*: Tokens meeting the decentralization test could dodge SEC scrutiny, potentially reducing regulatory hurdles for certain projects. - *Clearer Guidelines*: The draft provides a framework for determining decentralization, which could help projects navigate the regulatory landscape.

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#FOMCMeeting 🍒🍒🍒 The Federal Open Market Committee (FOMC) is indeed holding a two-day policy meeting on May 6-7, 2025. Here's what we know so far ¹ ² ³: - *Interest Rate Decision*: Markets widely expect the Fed to keep its benchmark interest rate steady at 4.25%-4.50%, consistent with expectations. - *Previous Meeting*: In their last meeting on March 19-20, 2024, the FOMC decided to hold rates at a 23-year high of 5.25%-5.50% and signaled three rate cuts in 2024. - *Economic Projections*: The Fed's economic projections, including the "dot plot," will likely provide insights into future policy decisions. - *Inflation and Growth*: The Fed's stance on inflation and growth will be closely watched, given the current economic conditions. Some key takeaways from previous FOMC meetings include ²: - *Rate Cuts*: The Fed expects to cut rates by 0.75 percentage points in 2024, with some policymakers debating the timing and extent of rate cuts. - *Inflation*: The Fed's inflation forecast remains a key factor in determining policy decisions, with a target inflation rate of 2%. - *Economic Growth*: The Fed's growth projections have been revised upward, reflecting a resilient economy. We'll have to wait for the meeting's outcome to understand the Fed's current stance on monetary policy.

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#BinanceNewToken SXT Airdrop The new Binance Launchpool token SXT 🍒Token Details🍒 - *Token Name*: Space and Time (SXT) - *Total Token Supply*: 5,000,000,000 SXT - *Max Token Supply*: 5,000,000,000 SXT - *Launchpool Token Rewards*: 125,000,000 SXT (2.5% of total token supply) - *Initial Circulating Supply*: 1,400,000,000 SXT (28.00% of total supply) *Binance Launchpool Details* - *Farming Period*: May 6, 2025, 00:00 UTC - May 8, 2025, 00:00 UTC (2 days) - *Tokens to Lock*: BNB, USDC, and FDUSD - *Listing Date*: May 8, 2025, 13:00 UTC - *Trading Pairs*: SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, and SXT/TRY *About Space and Time* - *Description*: Space and Time is a decentralized data warehouse that brings verifiable, zero-knowledge (ZK) data processing to smart contracts. - *Technology*: Utilizes Proof of SQL, a sub-second ZK coprocessor, to enable smart contracts to query large volumes of data with cryptographic proofs of integrity. - *Backing*: Microsoft technically supports the launch of the SXT token ¹ ² ³. *How to Earn SXT Tokens* - *Step 1*: Create a verified Binance account - *Step 2*: Deposit BNB, FDUSD, or USDC tokens - *Step 3*: Go to the Binance Launchpool page and lock your tokens to receive SXT rewards ² $SXT

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$SOL /USDT Market Update 🚦 Here are some of the latest news and updates in the Solana market ¹ ² ³: - *Solana Price*: Solana's current price is around $145.54, with a 0.4% increase in the last 24 hours. Its market capitalization stands at approximately $75.46 billion. - *Meme Coin Revival*: Solana meme coins are showing signs of recovery, with increased trading volumes. Coins like Dogwifhat and Popcat have seen significant price movements. - *Institutional Adoption*: Canada's first spot Solana ETFs have been launched, potentially boosting institutional adoption prospects. - *Token Unlock*: Whales are engaging in bearish bets ahead of an impending multi-billion dollar token unlock, according to Deribit's options market. - *Partnerships and Developments*: 1inch has integrated Solana into its platform, enabling cross-chain swaps. MagicBlock has raised $7.5 million to support on-chain games on Solana. - *Market Support*: Over 32 million SOL were transacted at $129.79, indicating strong market support. Janover purchased 80,567 SOL worth $10.5 million, bringing its holdings to 163,651 SOL. Some notable Solana-based projects and tokens include ⁴: - *Jupiter (JUP)*: A decentralized exchange aggregator with a 6.98% increase in the last 24 hours. - *Raydium (RAY)*: A decentralized exchange with a 5.93% increase. - *Helium (HNT)*: A decentralized network with a 2.80% increase. - *Popcat (POPCAT)*: A meme coin with an 11.10% increase. Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. For the most up-to-date information, consider checking reliable sources like CoinGecko or crypto.news ³ ¹.

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