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Trump promises “BIGGEST tax cut” for all Americans if he wins.
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Try the same trick with your country's national currency. Take the consumer price index (CPI inflation) and turn the graph over. What will you see? An illustration of the purchasing power of this national currency. It looks like some kind of shitcoin.
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Blackrock bought another 4,371 Bitcoins. Now he has 400,000 of them.
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The week was crazy, but it ends with the most terrible manipulations in the market just when Bitcoin broke out of the 8-month corridor. But what struck me most was what Microsoft said: tech giants can invest 1% of their assets in Bitcoin...
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Some of the Twitter accounts I follow went into wild FOMO when Bitcoin hit $69,000. Now they are urging people to panic sell when Bitcoin fell below 66,000. THIS IS WHY I CALL FOR COLD CAUTION in the market. If you are afraid of missing out on a profit and buy on the dumps, then you will also panic and sell on the dumps. Naturally, it is better to do everything the other way around. Follow the plan, not the emotions.
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News from the USA about possible sanctions against Tether scared the market again. WSJ: The US Treasury Department is considering sanctions against the largest stablecoin issuer Tether USDT. This affected the Bitcoin rate, which fell below $66,000. Experts note that potential sanctions against Tether can cause several effects: For example, the possible untying of USDT from the dollar, the growth of other stablecoins with the outflow of capital from Tether, and even the strengthening of Bitcoin (if investors start switching from USDt to Bitcoin). It is also worth considering that despite the statements of Tether CEO Paolo Ardoino that no official investigations are being conducted, the possibility of imposing sanctions remains, which affects investor sentiment and increases tension.
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