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#USStablecoinBill U.S. Stablecoin Bill Faces Unexpected Headwinds: The U.S. stablecoin bill, aimed at establishing a federal regulatory framework for payment stablecoins, has hit a snag. Originally enjoying bipartisan support, the "Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act" now faces resistance from key Senate Democrats. Citing concerns over insufficient safeguards for anti-money laundering, national security, and consumer protection, nine Democrats have withdrawn their support. This shift casts doubt on the bill's progression, as it requires 60 votes for cloture in the Senate, where Republicans hold only 53 seats. While the bill passed the Senate Banking Committee with bipartisan backing in March, this recent Democratic U-turn highlights the contentious nature of cryptocurrency regulation. The proposed legislation intends to create licensing procedures for stablecoin issuers, implement reserve requirements, and establish tailored regulatory standards. The future of the bill remains uncertain as lawmakers grapple with balancing innovation and risk mitigation in the digital asset space. #Write2Earn #USSStablecoinBill
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#MarketPullback A Temporary Setback or a Sign of Deeper Issues? The term "market pullback" has been increasingly discussed as investors navigate the complexities of the current economic landscape on May 5, 2025. A market pullback refers to a short-term decline in asset prices, typically ranging from 5% to 10%, within a broader uptrend. It's often viewed as a natural correction, offering opportunities for investors to buy into fundamentally sound assets at a discount. Several factors can trigger a market pullback. Profit-taking after a period of gains, minor negative news, or a reassessment of investor expectations can all contribute. Currently, concerns surrounding potential policy shifts, particularly related to trade and tariffs, appear to be weighing on market sentiment. Recent reports suggest that uncertainty stemming from potential changes in U.S. administrative policies is elevating risk premiums, leading to some investors taking profits. While a pullback can be unsettling, it's crucial to distinguish it from a market reversal, which signals a more fundamental shift in the market's direction. Historically, pullbacks in bull markets have been healthy and short-lived, allowing the market to consolidate before the next leg higher. Investors often look at technical indicators and support levels to gauge the potential depth and duration of a pullback. For investors, navigating a market pullback requires a disciplined approach. Instead of panic selling, which can lock in losses, some strategies include identifying fundamentally strong companies that have been temporarily discounted and considering a "buy the dip" approach. However, it's essential to conduct thorough research and avoid blindly chasing falling prices. Monitoring economic data, policy announcements, and corporate earnings will be crucial in determining whether the current pullback is a transient phase or the start of a more significant downturn. #Write2Earn #market
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$USDC A Regulated Stablecoin Gaining Traction: USD Coin (USDC), launched in 2018 by Circle, has emerged as a prominent stablecoin pegged 1:1 to the US dollar. Its mission is to provide a stable and transparent digital currency, bridging traditional finance with the crypto world. Unlike volatile cryptocurrencies, USDC maintains its value by being fully backed by reserves held in regulated US financial institutions, primarily in cash and short-term US Treasury bonds. Circle, the issuer of USDC, emphasizes regulatory compliance and transparency. They provide monthly attestations of their reserves by a major accounting firm, building trust and attracting institutional investors. USDC operates on multiple blockchains, facilitating faster and cheaper global transactions. Its increasing adoption in decentralized finance (DeFi), payments, and remittances underscores its growing significance in the digital economy. While Tether (USDT) currently leads in market capitalization, USDC is gaining ground due to its regulatory adherence and transparency. #Write2Earn $USDC
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#EUPrivacyCoinBan EU Moves to Ban Privacy Coins and Anonymous Crypto Accounts The European Union is set to implement new Anti-Money Laundering (AML) regulations by 2027, effectively banning anonymous cryptocurrency accounts and privacy-preserving tokens like Monero and Zcash. This sweeping measure, outlined in the Anti-Money Laundering Regulation (AMLR), aims to increase transparency within the crypto space and combat illicit financial activities. Credit institutions, financial institutions, and crypto-asset service providers (CASPs) will be prohibited from maintaining anonymous accounts or handling privacy coins. While the core regulations are finalized, the specifics of implementation are still being worked out through delegated acts, with the European Banking Authority playing a key role. This move signals a significant shift towards greater scrutiny of cryptocurrency transactions within the EU. #Write2Earn #Eu
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#DigitalAssetBill signals a potentially pivotal moment in the regulation of cryptocurrencies and other digital assets. As governments worldwide grapple with the implications of this burgeoning sector, this bill likely aims to establish a clearer framework for operation, taxation, and consumer protection. While specific details remain under scrutiny, the emergence of such legislation suggests a growing recognition of digital assets as a significant part of the financial landscape. Key areas of focus could include defining asset classifications, setting licensing requirements for exchanges and custodians, and addressing concerns around market manipulation and illicit activities. The impact of the #DigitalAssetBill on innovation and adoption remains a key point of discussion. Striking the right balance between fostering growth and mitigating risks will be crucial in shaping the future of digital finance. The global community watches closely as this legislation unfolds. #Write2Earn #DigitalAssets
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