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Trump Calls for All Remaining Bitcoin to be Mined in the U.S. Amid Regulatory Scrutiny Republican presidential candidate Donald Trump announced on Tuesday his intention for all remaining Bitcoin to be mined in the U.S. The cryptocurrency industry is increasingly trying to influence U.S. politicians as it faces heightened scrutiny from regulators. This intensified regulatory focus follows major bankruptcies at key crypto firms in 2022, which alarmed investors, uncovered fraud and misconduct and left millions of investors facing significant losses. #donaldtrump #TrumpCryptoSupport $BTC $ETH $BNB

Trump Calls for All Remaining Bitcoin to be Mined in the U.S. Amid Regulatory Scrutiny

Republican presidential candidate Donald Trump announced on Tuesday his intention for all remaining Bitcoin to be mined in the U.S. The cryptocurrency industry is increasingly trying to influence U.S. politicians as it faces heightened scrutiny from regulators.

This intensified regulatory focus follows major bankruptcies at key crypto firms in 2022, which alarmed investors, uncovered fraud and misconduct and left millions of investors facing significant losses.

#donaldtrump #TrumpCryptoSupport $BTC $ETH $BNB

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Breaking: Fed Holds Rates, Bitcoin Braces for Volatility! Following the recent FOMC meeting on June 12, 2024, the Federal Reserve decided to maintain the federal funds rate at its current range of 5.25% to 5.50%, continuing a pattern set over the past six meetings. This decision aligns with the Fed's ongoing commitment to curbing inflation, which remains above their target of 2%, despite some easing over the past year. The Fed indicated it will not consider reducing the rate until there is substantial and sustainable progress toward its inflation goals. In addition to holding the rates steady, the Fed announced a slowdown in its Quantitative Tightening (QT) program. Starting this month, the reduction of U.S. Treasury securities from its balance sheet will be decreased from $60 billion to $25 billion per month, while the caps on agency debt and mortgage-backed securities remain unchanged at $35 billion per month. Bitcoin and other cryptocurrencies are highly sensitive to changes in interest rates due to their speculative nature. Stable interest rates might provide some short-term relief and stability for Bitcoin prices as borrowing costs remain high but predictable. However, continued vigilance by the Fed to combat inflation signals that any near-term reduction in rates is unlikely, which could dampen market enthusiasm for riskier assets like Bitcoin. For Bitcoin traders, the Fed's cautious stance and ongoing high rates suggest a period of volatility, with potential downward pressure if inflation proves more persistent than expected. On the other hand, any positive economic indicators or hints at future rate cuts could spur bullish activity in the crypto markets. #BTCFOMCWatch $BTC $NOT $IO
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🚫 Avoid Investing Before Solving This Issue! 🚫 📉 Major economic announcements on inflation and interest rates could lead to market volatility. Stay informed and cautious to protect your investments! 📊 June 12 US Core Consumer Price Index (CPI) by Month: The Core CPI measures the change in the prices of goods and services, excluding food and energy. This indicator is crucial as it provides insight into inflation trends without the volatility of food and energy prices. US Consumer Price Index (CPI) by Month: The monthly CPI report tracks changes in the price level of a market basket of consumer goods and services purchased by households. It is a primary indicator of inflation. US Consumer Price Index (CPI) by Year: The annual CPI report measures the change in the cost of goods and services over a year. It is a comprehensive measure of inflation and provides a broad view of the price changes affecting consumers. US Federal Funds Interest Rate: The Federal Reserve's decision on the federal funds rate, which is the interest rate at which depository institutions lend and borrow reserve balances overnight. This rate influences other interest rates and impacts borrowing costs for businesses and consumers. Economic Forecast of the Federal Open Market Committee (FOMC): The FOMC releases its economic projections, including forecasts for GDP growth, unemployment, and inflation. These projections provide insight into the Fed's outlook on the economy and can significantly impact financial markets. Federal Open Market Committee (FOMC) Statement: The FOMC issues a statement summarizing the economic conditions and the rationale behind their monetary policy decisions. This statement is closely watched for clues on future monetary policy. Press Conference of the Federal Open Market Committee (FOMC): Following the FOMC meeting, the Federal Reserve Chair holds a press conference to elaborate on the committee's decisions and answer media questions, providing further insights into the Fed's future policy direction. $IO $ROSE $FARM #Binance200M #altcoins
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Top 3 Recommended Cryptocurrencies Poised for Explosive Growth 🚀 1. IN.NET $IO Current Price:$4.01 Potential: io.net is a decentralized AI computing & cloud platform. By aggregating GPU supply from underutilized sources, io.net creates a network that allows machine learning (ML) startups to access nearly unlimited computing power at a fraction of the cost of the traditional cloud. 2. Synapse $SYN Current Price:$0.68 Potential: Synapse is a decentralized cross-chain infrastructure project. It provides products such as bridge, cross-chain messaging protocol, and stable swap. SYN is the utility and governance token. 3. Viction $VIC Current Price: $0.44 Potential: Viction, formerly TomoChain, is a people-centric layer-1 blockchain, offering zero-gas transactions and enhanced security to make Web3 easy and safe for everyone.Designed with a focus on user experience, Viction prioritizes zero-gas transactions, speed, security, and scalability to contribute to the creation of a more secure and open world. With a network of 150 masternodes utilizing Proof-of-Stake (PoS) consensus, Viction touts its scalability and stability. It employs advanced techniques like double validation, smart contract staking, and proper randomization to enhance security and chain finality. Viction supports all EVM-compatible smart contracts, protocols, and atomic cross-chain token transfers. These Coins represent a mix of established and emerging projects with promising futures based on their technological capabilities, market adoption, and strategic developments. #IOprediction #ionet #Viction #Synapse #VIC
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Top 3 coins Under $20 for a $10,000 Portfolio, Recommended 1. Internet Computer $ICP Put $3000 into Internet Computer (ICP), currently priced at $10.20 per token. This nets you approximately 294 ICP tokens. Internet Computer is a blockchain that aims to expand the functionality of the Internet by allowing it to host back-end software, transforming it into a global computer platform. 2. Omni Network $OMNI Put $3000 into OMNI, currently priced at $15.30 per token. This gets you around 196 OMNI tokens. Omni Network (Omni) is a layer 1 blockchain designed to integrate Ethereum’s rollup ecosystem into a single, unified system. Using Omni, developers can build natively global applications that access all of Ethereum’s liquidity and users by default. 3. Render Token $RNDR Put $4,000 into Render Token (RNDR), priced at $8.50 per token. This yields approximately 471 RNDR tokens. Render Token is a decentralized GPU rendering network built on the Ethereum blockchain, allowing artists and studios to tap into underutilized GPU power across the world. This diversified approach includes tokens focused on various aspects of decentralized finance (DeFi) and blockchain technology, offering potential growth opportunities across different segments of the crypto market while staying within the $20 allocation for the recommended $10,000 portfolio. Disclaimer: Research Yourself before investing, use only risk-worthy funds, and take full responsibility for your decisions. #TopCoinsJune2024 #ICP. #TopCoins #Binance200M #RNDR:
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Elon Musk's Legal Twist: Withdraws Lawsuit Against OpenAI and Sam Altman, Leaving Door Open for Future Action Elon Musk's legal battle with OpenAI and its CEO Sam Altman took an unexpected turn on Tuesday as Musk filed for the withdrawal of his lawsuit. The lawsuit, which had challenged the relationship between OpenAI and Microsoft, alleged breach of contract and fiduciary duty against OpenAI and its co-founders, Altman and Greg Brockman. Musk, a co-founder of OpenAI in 2015, had raised concerns about the company's alignment with Microsoft, arguing that it contradicted its original mission of providing public, open-source artificial intelligence for the greater good of humanity. However, Musk's recent move to withdraw the lawsuit without prejudice indicates a shift in the legal strategy. Cases dismissed without prejudice can potentially be re-filed at a later date, leaving the door open for future legal action. The development comes amidst ongoing discussions surrounding the evolving landscape of artificial intelligence and its ethical implications. With OpenAI's notable content-licensing partnership with News Corp, including The Wall Street Journal, the case has drawn attention from various sectors concerned with the intersection of technology, ethics, and corporate partnerships. $WLD $FLOKI $DOGE #elonmasktorewardopenAl #ElonsMusk #SamAltman #WLD🔥🔥🔥 #doge
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