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Binance announces Space and Time ($SXT) will be the 69th project on Launchpool.
Users stake their BNB, FDUSD, and USDC to receive SXT airdrop for 2 days, with farming activities starting from 07:00 on May 6 (VN time).
Binance will then list SXT at 20:00 on May 8 (VN time) and open trading with trading pairs SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, and SXT/TRY.
đ Source: here
đ If you do not have an account
https://accounts.binance.com/en/register?ref=BW5ZYYYG
đPromo Code: LDTCrypto
Users stake their BNB, FDUSD, and USDC to receive SXT airdrop for 2 days, with farming activities starting from 07:00 on May 6 (VN time).
Binance will then list SXT at 20:00 on May 8 (VN time) and open trading with trading pairs SXT/USDT, SXT/USDC, SXT/BNB, SXT/FDUSD, and SXT/TRY.
đ Source: here
đ If you do not have an account
https://accounts.binance.com/en/register?ref=BW5ZYYYG
đPromo Code: LDTCrypto
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Financial Events of the Week
1/ FED MEETING ON INTEREST RATES
The Fed's policy meeting comes after data showed a decline in US GDP in the first quarter of 2025 and President Donald Trump pressured the central bank to cut interest rates.
The market generally expects the world's leading central bank to keep interest rates unchanged at the meeting scheduled for Wednesday (May 7). However, the focal issue the market wants to know now is when this bank might continue its monetary policy easing cycle, and whether June will be the "live" meeting to do so.
The Fed's policy meeting comes after data showed a decline in US GDP in the first quarter of 2025 and President Donald Trump pressured the central bank to cut interest rates.
The market generally expects the world's leading central bank to keep interest rates unchanged at the meeting scheduled for Wednesday (May 7). However, the focal issue the market wants to know now is when this bank might continue its monetary policy easing cycle, and whether June will be the "live" meeting to do so.
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The U.S. Federal Reserve (Fed) is expected to maintain interest rates at the two-day meeting on May 6-7, as the agency waits to see how President Donald Trump's inconsistent implementation of tariffs will impact the world's largest economy.
Trump has imposed high tariffs on China, along with a "basic" 10% tariff on goods from most other countries and a 25% tariff on specific items such as steel, cars, and aluminum. The President has also suspended higher tariffs on dozens of other trade partners until July, giving them time to renegotiate existing agreements with the U.S.
Most economists forecast that the tariffs imposed starting January 2025 will drive prices up and constrain economic growth - at least in the short term. This could force the Fed to delay lowering interest rates for longer.
Loretta Mester, who just finished her term as President of the Cleveland Fed, stated that the Fed needs to focus heavily on controlling inflation to prevent the risk of inflation rising persistently again. Otherwise, it would undermine the efforts the Fed has made over the past three years to bring inflation down.
Jim Bullard, the long-time former President of the St. Louis Fed, remarked that the Federal Open Market Committee (FOMC) is in a good position and is likely to keep interest rates unchanged at this week's meeting. Bullard, who is currently the Dean of the Daniels School of Business at Purdue University, added that he thinks this is a reasonable stance given the volatility from the trade war.
Trump has imposed high tariffs on China, along with a "basic" 10% tariff on goods from most other countries and a 25% tariff on specific items such as steel, cars, and aluminum. The President has also suspended higher tariffs on dozens of other trade partners until July, giving them time to renegotiate existing agreements with the U.S.
Most economists forecast that the tariffs imposed starting January 2025 will drive prices up and constrain economic growth - at least in the short term. This could force the Fed to delay lowering interest rates for longer.
Loretta Mester, who just finished her term as President of the Cleveland Fed, stated that the Fed needs to focus heavily on controlling inflation to prevent the risk of inflation rising persistently again. Otherwise, it would undermine the efforts the Fed has made over the past three years to bring inflation down.
Jim Bullard, the long-time former President of the St. Louis Fed, remarked that the Federal Open Market Committee (FOMC) is in a good position and is likely to keep interest rates unchanged at this week's meeting. Bullard, who is currently the Dean of the Daniels School of Business at Purdue University, added that he thinks this is a reasonable stance given the volatility from the trade war.
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Market News 6/5
The better-than-expected April jobs report has eased fears of an impending recession in the U.S. and maintained hopes for a soft landing, but Macquarie warns that some of the recent favorable factors in the economy may only be temporary, leaving the economy facing new risks.
"Job growth in April was clearly strong in both the establishment survey (+177 thousand) and the household survey (+436 thousand)," Macquarie said, with the unemployment rate "remaining stable at 4.2%, marking nearly a year of the unemployment rate being in the range of 4.1-4.2%."
"Job growth in April was clearly strong in both the establishment survey (+177 thousand) and the household survey (+436 thousand)," Macquarie said, with the unemployment rate "remaining stable at 4.2%, marking nearly a year of the unemployment rate being in the range of 4.1-4.2%."
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đ„ Binance announces listing and airdrop of $OBOL for Binance Alpha users
Binance has just announced the listing of $OBL on Binance Alpha and Futures$
Accompanied by the next airdrop for Binance Alpha users with the $OBOL project
Condition: sufficient Alpha Points (to be announced on 07/05)
Listing time: 10:00(UTC) on 07/05/2025
Airdrop will be allocated 20 minutes after $OBOL is listed on Binance Alpha
Binance has just announced the listing of $OBL on Binance Alpha and Futures$
Accompanied by the next airdrop for Binance Alpha users with the $OBOL project
Condition: sufficient Alpha Points (to be announced on 07/05)
Listing time: 10:00(UTC) on 07/05/2025
Airdrop will be allocated 20 minutes after $OBOL is listed on Binance Alpha
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