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Imran _Abbas
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🚨 🚨 7 Public Companies Following MicroStrategy's Lead in Stockpiling Bitcoin 🚀 🚀
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Alert 🚨 🚨 #Tether Moves Headquarters to El Salvador After Securing Digital Asset License Tether’s Relocation Plans Tether, the issuer of the world’s leading stablecoin, has announced that it will relocate its headquarters and subsidiaries to El Salvador. This follows the company receiving a digital asset service provider license from the country. The decision underscores the nation's growing appeal as a hub for cryptocurrency operations. Why El Salvador? The move to El Salvador is driven by the country's "forward-thinking policies, favorable regulatory environment," and the increasing presence of a Bitcoin-savvy community. Tether’s CEO, Paolo Ardoino, highlighted that this relocation aligns with the company's commitment to financial freedom, innovation, and decentralized technologies. A Deepening Connection with El Salvador Tether’s ties to El Salvador go beyond the relocation. The company has already contributed to local projects, including renewable energy initiatives. Additionally, Tether executives Ardoino and COO Claudia Lagorio became naturalized citizens of El Salvador in 2024 and invested in real estate, solidifying their long-term commitment to the country. El Salvador’s Bitcoin Revolution El Salvador, led by President Nayib Bukele, made Bitcoin legal tender in 2021. Since then, the country has attracted international crypto companies and supporters. Tether’s move further strengthens the ties between the crypto industry and the Salvadoran government, as they continue to explore the benefits of Bitcoin adoption and its role in reshaping the country’s economy. $BTC #BTCMove #BTC☀️ $ETH #ETH🔥🔥🔥🔥🔥🔥 #Write2Earn
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Alert 🚨 🚨 Bitcoin, XRP, and Other Cryptos Struggle Amid Fears of Tighter Monetary Policy 💱 💱 💱 💱 Bitcoin, XRP, and other crypto currencies are facing a tough start to the week, with prices falling as investors react to concerns that the era of aggressive monetary easing might be over. Bitcoin, the largest cryptocurrency by market cap, is down 3.5% in the last 24 hours, dropping to $91,881. $XRP , used in Ripple’s payment network, has also seen a 3.4% decrease, bringing its price to $2.44. The selloff is largely attributed to the impact of a stronger-than-expected U.S. jobs report, which raised fears that the Federal Reserve might maintain high interest rates for a longer period. Crypto markets tend to struggle when the prospect of higher interest rates looms, as it reduces the appeal of riskier assets like digital currencies. Analysts have noted that the "cutting cycle" may be over, signaling that the Fed might not reduce rates anytime soon. In addition to broader economic concerns, XRP's price volatility has been influenced by ongoing legal battles. Ripple CEO Brad Garlinghouse celebrated a recent court decision that resulted in a smaller-than-expected fine for Ripple, but the SEC’s appeal still hangs in the balance. Meanwhile, other cryptos like ,$ETH ,#solana and Dogecoin $DOGE have also been hit, with losses ranging from 5% to nearly 8% in the past 24 hours. As the market grapples with these challenges, crypto investors will be closely watching the upcoming Federal Open Market Committee meeting later this month, as it could provide more clarity on the Fed’s future policy stance and its potential impact on the crypto market. #BTCMove #Xrp🔥🔥 #ETH🔥🔥🔥🔥🔥🔥 #BTC☀️
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Alert 🚨🚨"Scott Bessent" to Divest from BlackRock Bitcoin ETF Before Trump’s Inauguration 🔥 🔥 🔥 🔥 Scott Bessent, the billionaire hedge fund manager and nominee for U.S. Treasury Secretary under President-elect Donald Trump, is preparing to divest from multiple assets, including his stake in BlackRock’s Bitcoin ETF (IBIT). This divestment comes in compliance with federal ethics guidelines, which require nominees to sell certain holdings within 90 days of Senate confirmation to prevent conflicts of interest. BlackRock Bitcoin ETF and Bessent’s Stake BlackRock’s Bitcoin ETF, the world’s largest spot Bitcoin fund with over $50 billion in assets, is a significant part of Bessent’s portfolio. His stake in IBIT is valued between $250,001 and $500,000, which initially garnered attention from the crypto community. His pro-crypto stance had made him a popular choice among crypto supporters. Confusion Over IBIT’s Divestment Despite Bessent’s plan to divest from many holdings, there has been some uncertainty surrounding the Bitcoin ETF. Mathew Sigel, head of research at VanEck, questioned whether IBIT would actually be sold, pointing out that the ETF was not explicitly mentioned in divestment filings. Bessent’s Background and Upcoming Confirmation Before being tapped for Treasury Secretary, Bessent was the chief investment officer at Soros Fund Management and founder of Key Square Group. He is also a former adjunct professor at Yale University. His confirmation hearing is set for January 16, just days before Trump’s inauguration. If confirmed, Bessent is expected to play a significant role in shaping the administration’s economic policies, including those that may encourage cryptocurrency adoption. #BTCMove #AltcoinBoom #BTC☀️ $ETH $BNB #ETH #BTCETFSPOT
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