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POV: Indian #Crypto bros trying to enjoy their profits without paying taxes
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๐๐๐๐๐๐๐๐๐ ๐๐๐๐ $๐,๐๐๐,๐๐๐,๐๐๐ ๐๐๐๐๐ ๐๐ ๐๐๐๐คฉ BlackRock bought $500M of ETH in 10 days. BlackRock hasn't sold any $ETH in the last month. YOU all know what happened to $BTC when BlackRock was aggressively buying it. Now BlackRock is bullish on ETH. Are you still fading ETH?
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James Wynn is going through a tough phase. The 40x Hyperliquid whale claimed a $481.42 referral reward and used it to open a 40x short on $BTC. But he already lost $131. Earlier he used to open billion-dollar-worth of long/short positions.
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BREAKING NEWS ๐จ ๐ฎ๐ณRBI Governor Sanjay Malhotra said the central bank is concerned about #crypto as it can hamper financial stability. He also said that 'There is no new development as far as crypto is concerned.' In 2022, the government announced a 30% tax on crypto gains, but the Indian crypto community is still waiting for clear regulations ๐ข
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Good morning fam โฅ๏ธ Here is the top news of the week ๐๐๏ธ ๐Elon Musk and Donald Trump clashed in a heated argument over political differences. ๐#ElonMusk said "without me, Trump would have lost the election." ๐#Trump said Elon Musk will face very serious consequences if he funds Democrats. ๐๐บ๐ธ President Trump said his relationship with Elon Musk is over. ๐Elon Musk said President Trump's tariffs will cause a recession in the second half of this year. ๐Trump to announce next Fed Chair very soon. ๐X Partnered With Polymarket as Official Prediction Market. ๐๐บ๐ธ US Unemployment data came at 4.2% US economy added 139,000 jobs in May, higher than expectations. ๐JPMorgan is set to officially begin accepting Bitcoin and other crypto-based ETFs as collateral for loans. ๐๐ฉ๐ช $1.5 trillion Deutsche Bank considers issuing its own crypto stablecoin. ๐Uber CEO said Bitcoin is a proven store of value and stablecoins are promising for global transactions. ๐๐บ๐ธ๐ธ๐ป President Trump's executive director of digital assets meets with El Salvador's President Nayib Bukele to discuss Bitcoin. ๐Chinese firm Webus filed to raise $300 million for $XRP treasury plan. ๐๐ฎ๐ณ #WazirX moved to Panama; Singapore High Court rejected WazirXโs restructuring plan. ๐Russia's Moscow Stock Exchange launched a Bitcoin futures trading. ๐๐บ๐ธ Truth Social officially filed an S-1 document with the SEC for a Bitcoin ETF. ๐Donald Trump Jr. said his family is "all in" on #Bitcoin and #crypto because they were debanked. ๐๐ซ๐ท Publicly traded The Blockchain Group bought 624 Bitcoin worth $60 million. ๐๐ญ๐ฐ Hong Kong's Reitar Logtech announced plans to acquire $1.5 billion Bitcoin. ๐Sberbank, the largest bank in Russia, officially announced the launch of Bitcoin-tied structured bonds. ๐Metaplanet bought another 1,088 Bitcoin worth $114 million. ๐Elon Musk said X is launching new 'XChat' messaging system with "Bitcoin-style" encryption.
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$BTC is perfectly mimicking M2 supply. A dump to $100K has happened, which means an ATH could happen next. $๐๐๐๐ ๐๐๐ ๐๐ฒ ๐๐ฎ๐ฅ๐ฒ/๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐
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Latest News
Bitcoin(BTC) Surpasses 106,000 USDT with a 0.51% Increase in 24 Hours
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Cryptocurrency Market Experiences Significant Liquidations
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Hong Kong's Stablecoin Regulations Limit Sales to Licensed Entities
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Polymarket's Success Highlights Potential for Mainstream Crypto Products
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Vitalik Buterin Discusses AI's Impact on Learning and Development
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