#DinnerWithTrump 🇺🇸 Crypto execs backed Trump’s $239M ina | Nikhil Hunt on Binance Square

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#DinnerWithTrump 🇺🇸 Crypto execs backed Trump’s $239M inauguration
Uniswap CEO dropped $245K, Solana Labs threw in $1M, and Consensys added $100K in January 2025
Bull market inauguration or just business as usual? 🧐

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$BTC BITCOIN Analysis: Potential Pullback and Continuation support could indicate weakening bullish momentum and may shift the short-term bias to neutral or bearish. Traders should watch for confirmation signals such as bullish engulfing patterns, strong rejection wicks at the lower trendline, or increasing volume on the bounce before considering long positions. Let me know your thoughts or if you see it differently! 🚀

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#AbuDhabiStablecoin Three major organizations in Abu Dhabi are joining forces to launch a new digital currency—a **stablecoin** pegged to the UAE dirham. This means its value will always match the UAE’s official currency, ensuring stability and trust. The project will be supervised by the UAE Central Bank, guaranteeing safety and compliance with regulations. The goal? To make digital payments **faster, easier, and more secure** for everyone—businesses and individuals alike.

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#ArizonaBTCReserve Pioneering State-Led Cryptocurrency Investment The Arizona Bitcoin Reserve refers to two legislative bills, Senate Bill 1025 (Arizona Strategic Bitcoin Reserve Act) and Senate Bill 1373 (Strategic Digital Assets Reserve Bill), passed by the Arizona Legislature on April 28, 2025, aiming to make Arizona the first U.S. state to establish a state-managed Bitcoin and digital asset reserve. Here’s a summary based on available information: • SB 1025: Allows the state treasurer and retirement systems to invest up to 10% of public funds in Bitcoin and other virtual currencies. It also includes provisions for storing Bitcoin in a secure, segregated account, potentially within a federal Strategic Bitcoin Reserve if established. The bill passed the Arizona House with a 31-25 vote. • SB 1373: Establishes a Digital Assets Strategic Reserve Fund, managed by the state treasurer, to hold digital assets seized through criminal proceedings and funds appropriated by the legislature. It limits annual investments to 10% of the fund’s total value and allows lending of assets to generate returns, provided financial risks are minimized. This bill passed with a 37-19 vote. • Current Status: Both bills await the signature of Governor Katie Hobbs. However, Hobbs has a history of vetoing legislation, with a 22% veto rate in 2024, and has threatened to veto bills until a bipartisan budget agreement addressing disability funding is reached. This creates uncertainty about the bills’ final approva

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$BTC Bitcoin's latest update shows a current price of around $94,677, with a 0.89% increase. The cryptocurrency's market capitalization stands at approximately $1.87 trillion. Bitcoin's price has been fluctuating between $92,826.33 and $95,603.43 over the past 24 hours. Analysts predict potential growth, with some forecasting Bitcoin's price to reach $285,000 by 2030. Factors influencing Bitcoin's price include US macroeconomic reports, liquidity support and decoupling from equities. Recent news includes Coinbase's launch of its Bitcoin Yield Fund and increased institutional interest in Bitco.

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Despite Elon Musk’s DOGE efforts, government spending actually went up after Trump won

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