#MyFirstSquarePost Hello, Binance Square! $BTC bullish | TheGeek25 on Binance Square

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#MyFirstSquarePost Hello, Binance Square!
$BTC bullish 

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The Ethereum Pectra upgrade, launched May 7, 2025, integrates 11 EIPs to boost scalability, staking, and user experience. Key features include EIP-7251, raising validator balances to 2,048 ETH, and EIP-7702, enabling account abstraction for smoother DeFi interactions. EIP-7691 doubles blob throughput, cutting L2 fees, while EIP-6110 enhances security. Launched amid a 90-day U.S. tariff pause (excluding China), Pectra aligns with Ethereum’s 14% price surge, driven by eased trade tensions. However, potential tariff reinstatement by July 2025 could renew volatility, raising hardware costs. Pectra’s efficiencies may counter these pressures, but investors should monitor trade talks and L2 competition while capitalizing on Ethereum’s strengthened fundamentals. $ETH

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In April 2025, a 90-day pause on most U.S. tariffs, excluding China, sparked a crypto market rally, with Bitcoin rising from $74,500 to $83,000 and Ethereum gaining 14%. The pause eased trade tensions, boosting risk assets after February’s tariff-induced sell-off, which saw Bitcoin and equities plummet. Tariffs raise mining costs and economic uncertainty, impacting crypto’s correlation with stocks. While short-term relief is evident, volatility looms as the pause ends in July. Long-term, tariffs could weaken the dollar, benefiting Bitcoin as a hedge. Investors should monitor trade talks, economic indicators, and Trump’s pro-crypto policies, like a potential Bitcoin Strategic Reserve, to navigate opportunities and risks. #TariffsPause

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I have friends and family members living abroad, and receiving money from them used to be complicated. Since discovering crypto, it’s become simpler, faster, and more cost-effective using stablecoins like USDC and USDT. Crypto also helps me hedge against inflation. During the post-COVID inflation period, preserving the value of my savings was challenging. I decided to invest half of my savings in crypto, and it was a great decision. #Write2Earn

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In 2025, the U.S. imposed 125% tariffs on electronics imports, targeting China to boost domestic manufacturing. This spiked fears of price hikes—iPhones could hit $1,874—and triggered China’s retaliatory tariffs, risking inflation and recession. On April 11, the Trump administration exempted smartphones, laptops, and chips, easing consumer and industry panic, but new semiconductor tariffs loom, tied to national security concerns. The policy’s flip-flops expose tariffs’ limits: they aim to reshore tech but disrupt supply chains and affordability. Consumers face uncertainty as prices may rise again, with U.S. manufacturing still years from replacing Asia’s dominance. #USElectronicsTariffs

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