🚨🚨 ALERT, BAD NEWS at ONCE 🔥🔥

Experiencing multiple negative events simultaneously can be overwhelming. However, it's important to recognize a pattern from history: whenever uncertainty arises, it often triggers fear, uncertainty, and doubt (FUD).

In the past, we've seen this with various forms of FUD, such as concerns from China, which have significantly impacted the market sentiment. As investors became accustomed to these patterns, new forms of FUD emerged.

The purpose behind FUD remains consistent: to unsettle retail investors. The current wave of FUD is no exception. It's crucial not to let these uncertainties drive emotional decisions. Instead, consider utilizing available funds strategically, maintaining a steady approach amidst market fluctuations.

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🚨 THIS IS SO BAD NEWS FOR THIS RESIDENTS🚨
Cryptocurrency regulations vary significantly across different countries, with some nations imposing bans or restrictions. Here’s an accurate summary of the cryptocurrency stance in the countries you’ve mentioned:
Algeria: The use of all virtual currencies is deemed illegal.
Egypt: Cryptocurrencies are classified as “haram,” meaning they are prohibited under Islamic law.
Morocco: Engaging in transactions using virtual currencies is illegal.
Nigeria: The country has banned bank transactions in Bitcoin and other virtual currencies.
Tanzania: The Bank of Tanzania has issued advisories against the use of cryptocurrencies.
Namibia: Cryptocurrency exchanges are not permitted, and cryptocurrencies cannot be accepted as payment for goods and services.
Zimbabwe: The Reserve Bank of Zimbabwe has prohibited the use of cryptocurrencies in banking.
Costa Rica: Bitcoin and other cryptocurrencies are not recognized as legal currencies.
Bolivia: The Central Bank of Bolivia has banned the use of Bitcoin and any other non-regulated currencies.
Afghanistan: Trading in cryptocurrencies is banned.
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🚨 Negative Data Alert! 🚨

##ALERT

The U.S. Department of Commerce released data yesterday revealing that the month-on-month growth rate of the U.S. CPE price index dropped from 0.3% in April to 0% in May, marking the lowest rate since November 2023. Additionally, the year-on-year growth rate of the core PCE index in May declined by 2.6%.

This downturn suggests that the Federal Reserve may reduce interest rates by 25 basis points in September, with a 61% probability. Should this trend persist over the next two months, the Fed might gain the confidence to implement another rate cut in September.

Mary Daly, the President of the Federal Reserve Bank of San Francisco, remarked that today's personal consumption expenditure data is encouraging, indicating that inflation is cooling down.

#Alert🔴 #alert #Badnews #altcoins #Write2Earn!

Hi Guys,

There's a Big & Big #Goodnews & #Badnews About Crypto Users Also Miners !!!

First of All Follow MeX.

Senate Passes Bill Giving Tax Exemption to Bitcoin, Crypto Miners.

Oklahoma Senate passes bill for tax exemptions on Bitcoin and crypto mining, aiming to boost local blockchain industry.

Oklahoma Passes Bill Boosting Bitcoin Mining
House Bill 1600 explicitly targets the commercial mining of digital assets, proposing tax-exempt status for selling essential mining machinery and equipment.

This includes servers, computers, software, electricity, cabling, and transformers. The bill defines commercial mining as using blockchain technology to mine digital assets at a colocation facility.

This legislative effort is part of a broader move to foster a crypto-friendly environment in the state, attracting more digital asset operations.

Earlier legislative actions in Oklahoma have set a precedent for favorable crypto regulations. The state was the first in the U.S. to pass a bill safeguarding the fundamental rights of Bitcoin users, allowing for self-custody and the use of crypto assets in transactions without additional taxation.

This positions digital assets on par with traditional legal tender regarding tax treatment and underscores the state’s intention to streamline the use of cryptocurrencies in everyday transactions.

The implications of these legislative moves are far-reaching and aimed at fostering a more inclusive financial environment within Oklahoma.

The state seeks to attract investment and demonstrate readiness to integrate digital assets into day-to-day activities by eliminating the crypto tax on mining and BTC
transactions.

“The great state of Oklahoma isn’t saying that we’re for, we’re against, or any of the above; we’re saying this is an entity, this is a commodity, this is something that Oklahomans are interested in owning,” Rep. Hill added.

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#Badnews Changpeng Zhao has resigned from his position as Binance CEO. Moreover, Zhao has pleaded guilty to violating criminal anti-money laundering requirements. Subsequently, the US Justice Department (DOJ) is reportedly set to announce a settlement at a press conference today as a years-long investigation of the exchange has come to an end...

Bloomberg reports from earlier this week indicated the DOJ’s call for $4 billion from the exchange. Moreover, they also noted that criminal charges against Zhao were set to be a key part of the proposed resolution plan. Now, Zhao’s resignation preludes the settlement details set to arrive later today...!

#Badnews ⚖️
#LUNC✅ ⚖️Terra vs SEC: SEC Imposes $5.2B Penalties on Terraform Labs and CEO Do Kwon for Crypto Misleading.
After a nine-day trial, Terraform Labs and its former CEO, Do Kwon, were found guilty of misleading investors in crypto assets. They violated the Securities Act 1933 by selling crypto assets without proper registration.
Terra Investors Watch Price Moves Amid Legal Issues for Do Kwon..
#LUNC✅
#bitcoinhalving
#Token2049