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🚨🚨🚨 NEW : Crypto Quant CEO Says Bitcoin💰 needs to remain above $80,000 for miners to remain profitable after halving. As Bitcoin mining revenue significantly decreased in May due to the impact of the fourth Bitcoin halving event. The cost of mining went up. #CryptoPM #CryptoNews

🚨🚨🚨 NEW : Crypto Quant CEO Says Bitcoin💰 needs to remain above $80,000 for miners to remain profitable after halving.

As Bitcoin mining revenue significantly decreased in May due to the impact of the fourth Bitcoin halving event. The cost of mining went up.

#CryptoPM #CryptoNews

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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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