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Both Biden and Trump are actively engaging with the crypto community. Here’s the breakdown: Trump’s $BTC Conference Appearance: Former President Donald Trump made headlines by announcing his appearance at a $BTC conference. His presence in the crypto space has sparked discussions and curiosity. Biden’s Team and Enthusiasts: Meanwhile, President Joe Biden’s team is reaching out to crypto enthusiasts. They’re exploring ways to align with the Web3 movement and understand the potential impact of blockchain technology. Hit that like button and follow for more :) #TrumpCryptoSupport #BinanceTurns7 #Bitcoin❗ #NewsAboutCrypto
📢Breaking News: SEC Clears Paxos: BUSD Not Deemed a Security
The U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Paxos, the issuer of the stablecoin Binance USD (BUSD), without recommending any enforcement action.
This decision follows a recent court ruling that dismissed a key securities charge against Binance. Essentially, the SEC has determined that BUSD does not qualify as a security.
This development could significantly impact future regulatory approaches to similar crypto assets in the U.S.
“Fed Chair Powell Cautious on Rate Cuts Amid Inflation Concerns”
Certainly! Federal Reserve Chair Jerome Powell recently reiterated that the central bank won’t cut interest rates until they have “gained greater confidence that inflation is moving sustainably toward” their 2% goal1.
Despite last week’s disappointing jobs report, Powell emphasized that the labor market remains strong, even though the unemployment rate edged up to 4.1% in June.
He acknowledged that recent inflation readings have shown some modest progress, but the data did not fully support greater confidence in achieving the 2% target.
Essentially, the Fed is cautious about adjusting rates too soon, as it could stall progress on inflation, but waiting too long could weaken economic activity and employment.
Pepe (PEPE): Meme Magic vs. $1 Dream—Ribbiting Insights on the Froggy Journey” 🐸🚀
Pepe (PEPE) Overview
$PEPE , inspired by the iconic “Pepe the Frog” meme, is a deflationary meme coin built on $ETH Ethereum’s ERC-20 standard. Its simplicity, transparency, and strong community set it apart. The project’s phases include Meme, Vibe and HODL, and Meme Takeover.
Price Predictions
Here’s a glimpse into the future, based on various forecasts:
2024: Average price of $0.0000126
2025: A whopping 13,709.52% increase to $0.00174
2030: Projected at $0.000065 (bullish prediction)
Can $PEPE Reach $1? While Pepe’s recent ATH was 0.00001718, hitting $1 seems unlikely. Why? The circulating supply stands at 420.67 trillion tokens. To reach $1, the market cap would exceed $420 trillion—more than the entire world’s GDP! So, while Pepe’s meme magic is strong, $1 might be a leap too far.