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Use USDT/USDC to mint GUSD for treasury-level yields
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- 📈 Market Insights Weekly: Weekly Forecast Challenge
This Week’s Theme: #WillBTCHit120K
📅 Event Period: Oct 28 – Nov 2, 24:00 (UTC+8)
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Share your market view on this week’s theme: #WillBTCHit120K ?
👉 Explain your reasoning—whether through technical analysis, macro trends, on-chain data, or market sentiment. Show your unique insight!
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2️⃣ Post on Gate Square with the hashtag #GateNewbieVillageEpisode4
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The progress of the encryption policy under the Trump administration is being followed closely, with the latest information on the strategic Bitcoin reserve plan highly anticipated.
According to Gate News bot, TheBlock reported that K33 analysts pointed out that the progress of the Trump administration’s encryption policy is an important focus of the current market. Two upcoming important events: the Trump memes dinner on May 22 and Vice President Vance’s speech at Bitcoin 2025 on May 28 are expected to announce the latest developments in strategic Bitcoin reserves.
The Trump administration had previously issued two encryption-related executive orders: one on January 23 to strengthen the United States’ dominance in digital assets, and another on March 6 to establish a strategic Bitcoin reserve, which involves purchasing 200,000 BTC, with a total value of $20 billion. Currently, several deadlines for the implementation of these orders have passed without any public progress updates.
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