MEMX, a securities exchange based in #TrumpTaxCuts ABD, has | Adrian2234 on Binance Square

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MEMX, a securities exchange based in #TrumpTaxCuts  ABD, has officially filed an application with the SEC to initiate an XRP ETF under the Commodity-Based Securities category. If approved, this will place XRP within a regulatory framework similar to the Bitcoin and Ethereum ETFs expected to receive approval in 2024.

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#BTCPrediction Bitcoin's price predictions are highly speculative due to its volatility. As of May 7, 2025, BTC trades around $94,000-$97,000. Forecasts for the end of 2025 vary widely, from $100,000 to $200,000, with some outliers even higher. Long-term predictions for 2030 range from $400,000 to $1 million or more, influenced by factors like ETF inflows, halving events, and institutional adoption. However, predictions are not guarantees.

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#MEMEAct #MEMEAct profiting from financial instruments like stocks, futures, cryptocurrencies, and meme coins. The legislation also extends to their immediate family members, targeting potential conflicts of interest and unethical gains. Sparked by recent controversies involving political figures endorsing digital assets, the #MEME Act seeks to restore public trust and ensure financial transparency at the highest levels of government.

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#USHouseMarketStructureDraft The Federal Open Market Committee (FOMC) is currently holding its scheduled two-day meeting on May 6–7, 2025. The policy decision is expected to be announced on Wednesday, May 7, at 2:00 p.m. Eastern Time (11:00 p.m. Pakistan Standard Time), followed by a press conference with Fed Chair Jerome Powell at 2:30 p.m. ET (11:30 p.m. PKT) . What to Expect from the May FOMC Meeting The Fed is widely anticipated to maintain the current federal funds rate at 4.25%–4.50%. Despite calls from President Trump and some investors for rate cuts to stimulate economic growth, the central bank is expected to adopt a cautious approach. Recent data, such as a 0.3% GDP contraction in Q1 and rising jobless claims, indicate economic softening. However, inflationary pressures, partly due to new tariffs, remain a concern .

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#FOMCMeeting The Federal Open Market Committee (FOMC) is currently holding its scheduled two-day meeting on May 6–7, 2025. The policy decision is expected to be announced on Wednesday, May 7, at 2:00 p.m. Eastern Time (11:00 p.m. Pakistan Standard Time), followed by a press conference with Fed Chair Jerome Powell at 2:30 p.m. ET (11:30 p.m. PKT) . What to Expect from the May FOMC Meeting The Fed is widely anticipated to maintain the current federal funds rate at 4.25%–4.50%. Despite calls from President Trump and some investors for rate cuts to stimulate economic growth, the central bank is expected to adopt a cautious approach. Recent data, such as a 0.3% GDP contraction in Q1 and rising jobless claims, indicate economic softening. However, inflationary pressures, partly due to new tariffs, remain a concern .

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#MarketPullback Daily Candle Closing Below 93500$ Will Continue To Down Trend Price Action. Most Probably Price Will Come Down To The 90950$ Price Range. If It Holds That Price Range Then 100k Is Coming, If Breaks Down 88k Is Confirmed. ⚠️ 7th May Is A Very Important Day. Fed Interest Rate Will Be Published And Also Press Conference If Interest Rate Comes Higher Than Very Bad For The Market. Also If There Is No Rate Cute Announcement Happen Market Will Follow The Price Action Trend.

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