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Ethereum spot-to-futures ratio hits three-year low — #ETH #spot #Futures #BTC #dyor
Ethereum spot-to-futures ratio hits three-year low —
#ETH
#spot
#Futures
#BTC
#dyor
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"Hey there! 🙌 So, Donald Trump is talking about bringing back some major tax relief if he gets back into the Oval Office. 🏛️ He's like, 'Forget about those tax hikes; I'm all about giving you folks a break in your wallets!' 💰 He's promising the **biggest tax cut** for everyone - whether you're working the daily grind, running a small business, or just trying to make ends meet. 🏘️🏢 But here's the deal: while it sounds awesome to have more cash to spend right now, we've gotta think about the future too. 🤔 Those tax cuts from 2017? They're kinda like putting a fancy dinner on a credit card. Sure, it feels great at the moment, but the bill's gotta be paid eventually. 🍽️💳 And that bill could be a whopping $2 trillion added to our national tab by 2028. 😬 So, it's a bit of a balancing act. We love the idea of paying less tax, but we also don't want our kids dealing with a mountain of debt. 🏔️💸 It's important to remember that campaign promises are just that - promises. They've gotta jump through hoops in Congress and fit the economic vibe when the time comes. 🎢 In short, let's enjoy the thought of more money in our pockets, but also keep an eye on the long game. 😉👀" #donaldtrump #trump $BTC #TaxCuts
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The Grayscale Spot Bitcoin ETF saw a big wave goodbye to **$103.04 million** yesterday 🌊💸. It's like investors are saying "It's not you, it's me" to their Bitcoin ETF shares. Even though big players like BlackRock and Fidelity are showing some love ❤️💼, the high fees of Grayscale (a whopping **1.5%**! 😱) are making investors swipe left in search of cheaper options, like BlackRock's **0.25%** fee 💳💰. So, what does this mean for the crypto world? 🌐📉 Well, it's like a mood meter for Bitcoin – too many outflows might make Bitcoin feel a bit blue 😔💔. But hey, that's the rollercoaster ride of cryptocurrencies for you! 🎢🚀 Keep your eyes peeled and your wallets ready, crypto fans! 👀👛 #ETFvsBTC #bitcoin #ETF #BTC🔥🔥🔥🔥🔥🔥
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Harvest, the Hong Kong ETF issuer, is like a bold chef 👨🍳 in the financial kitchen, thinking about whiipping up a new recipe that could add some spice to the investment menu. They’re considering serving up Bitcoin (BTC)💰 and Ethereum (ETH)💰 ETFs to the eager diners in mainland China 🇨🇳. It’s like they’re saying, “Hey, why not let our neighbors taste these digital delicacies?” 🍽️ If they get the green light 🚦, it could mean a whole new world of flavors for Chinese investors, who’ve had quite a plain menu due to past restrictions on cryptocurrencies. So, fingers crossed 🤞, we might soon see a fusion of traditional investment strategies and the zesty world of crypto! 📊🌐 #bitcoin #Binance #ETF #ETFvsBTC
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😄 Imagine the US Federal Reserve is like the banker in a game of Monopoly 🎩. Just like in the game, when there's not enough paper money to go around, the banker can create more out of thin air 🌬️💸. Elon Musk says that's kind of what the Fed does with Quantitative Easing—they 'print' more money to keep the economy's game going! It's like getting a "Get Out of Jail Free" card 💳 for the economy, helping it move past tough spots. Pretty clever comparison, right? 🤔💭 #ElonMusk #fed #Monopoly
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🎉 Big News for Crypto Enthusiasts! Binance Makes a Comeback in India’s $300 Billion Market 🎉 After a series of negotiations, Binance has finally got the green light from the Financial Intelligence Unit of India, marking its formal re-entry into the bustling Indian market. Hot on the heels of KuCoin, Binance is now the second international crypto exchange to get the nod from India’s anti-money laundering watchdog123. What’s Happening? Binance’s Registration: The crypto giant has completed its initial registration with the FIU, paving the way for its return to Indian shores1. KuCoin’s Lead: Earlier, KuCoin set the stage by getting registered after coughing up a fine of INR 3.45 million (about $41,303)1. BNB’s Dip: Amidst these developments, Binance’s native token, BNB, saw a slight dip of 1% this week. Inside Scoop: The FIU’s Stance: The FIU had previously put a halt on Binance and other exchanges for not playing by the local rules. Now, with formal registration, Binance is gearing up to serve Indian crypto traders once again1. Moneycontrol’s Report: According to Moneycontrol, Binance is all set to restart its operations in India following its registration with the FIU1. What’s the Buzz? Chainalysis’ Ranking: India’s crypto market is booming, with Chainalysis ranking it as the world’s second-largest, having acquired a whopping $300 billion in crypto between July 2022 and June 20231. So, crypto fans, gear up! Binance’s return could be a game-changer for the Indian market. Keep your eyes peeled for more updates as Binance gears up to support the crypto community in India. 🚀 #BTC #Binance #BNB $BNB #altcoins
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