Mexico's Central Bank interest rate decision as of May 15

#ATA. He's starting to plen. #Gateio##Gateio##ContentStar##Gateio##HotTopicDiscussion#

Dan Tapiero, who transitioned from TradFi to Crypto Assets, is optimistic about the future of the industry and predicts that the market value will rise significantly. He emphasizes Risk Management and advises young investors to adopt a "buy and forget" strategy. Tapiero allocates over 50% of his assets to the encryption sector and has successfully guided traditional investment institutions to follow Crypto Assets.

Stablecoins play an important role in the Crypto Assets market, with a market capitalization of approximately 165 billion USD, accounting for nearly 7% of the total market value. This article explores the definition, classification, and functions of stablecoins, analyzes the mechanism and risks of USDe, and emphasizes the importance of transparency and security in the development of stablecoins.

The stablecoin market is developing rapidly, and the global regulatory landscape is gradually taking shape. Whether people admit it or not, from an application perspective, the current crypto world is essentially no different from what it was 5 or even 10 years ago. Although the scale continues to expand and DeFi has become a major highlight, ultimately, the most mainstream applications in the crypto market still focus on the currency field, with stablecoin being the primary alternative to Bitcoin. Although both of these crypto assets have gained widespread recognition, their development paths are completely different. Bitcoin has earned global recognition with its astonishing price growth curve, becoming a representative of decentralized currency. However, from the perspective of practicality rather than value storage, stablecoins are the crypto assets that have truly achieved large-scale adoption worldwide. Currently, the global market value of stablecoins has reached $243.8 billion. According to data from a payment platform, the total transaction volume of stablecoins in the past 12 months has reached $33.4 trillion,

Recently, the Crypto Assets market has experienced a significant adjustment. Solana (SOL) encountered resistance after reaching a target of $182, and subsequently fell below the $167 support area. This trend has sparked the attention of market participants regarding its short-term outlook. At the same time, the price trend of Ethereum (ETH) also shows signs of weakness. Analysis indicates that ETH may not have completed its fall trend, with $3510 being viewed as a potential key support level. This situation has created a chain reaction across the entire Crypto Assets market. Considering the impact of Ethereum, the potential support level for Solana may need to be further adjusted down to around $155. For short-term traders, if Solana rebounds and approaches the $167 area, it may present an opportunity to establish short positions, with target prices set at $160 and $155. It is worth noting that this round of adjustment in the crypto assets market coincides with the global economy facing multiple challenges. Market participants need to closely follow various macroeconomic factors, such as changes in trade policies and employment data, all of which could impact cryptocurrency prices. Overall, in the current market environment, investors should remain cautious, closely follow market trends, and make informed investment decisions based on their own risk tolerance.