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Muhammad hussain-fc44b
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🇺🇸 BLACKROCK HAS BOUGHT 280
BITCOIN
WORTH $37.8 MILLION YESTERDAY.
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BREAKING: MICHAEL SAYLOR SAYS THE BITCOIN INDUSTRY IS GOING TO $200 TRILLION. THIS IS WHY HE BOUGHT $50 BILLION WORTH OF BTC AND STILL BUYING #bictcoin
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As of May 7, 2025, the U.S. and China are engaged in significant trade tensions, marked by high tariffs and upcoming negotiations: ⸻ 🔥 Escalating Tariffs • U.S. Tariffs: President Trump has imposed tariffs up to 145% on Chinese imports, aiming to address trade imbalances and encourage domestic manufacturing.  • China’s Response: China has retaliated with tariffs reaching 125% on U.S. goods and has implemented non-tariff measures, including export controls on critical materials like rare earth elements.  ⸻ 🤝 Upcoming Trade Talks • Geneva Meeting: High-level trade talks are scheduled in Geneva this weekend. U.S. Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer will meet with China’s Vice Premier He Lifeng. The focus will be on “de-escalation” rather than a comprehensive trade agreement.  • China’s Position: China is open to discussions but warns against coercive tactics, emphasizing the need for sincere negotiations.  ⸻ 📉 Economic Impacts • U.S. Trade Deficit: The U.S. trade deficit surged to a record $140.5 billion in March, partly due to a rush to import goods before tariff hikes.  • China’s Stimulus Measures: To counteract economic strain, China has introduced monetary stimulus, including interest rate cuts and a 50 basis point reduction in the reserve requirement ratio, injecting approximately 1 trillion yuan ($138 billion) into the economy.  ⸻ 🧸 Consumer Effects • Product Shortages: The high tariffs are expected to lead to shortages of various consumer products in the U.S., such as toys, textiles, and electronics, especially during the upcoming holiday season.  • Price Increases: Companies like Mattel have indicated potential price hikes on products like Barbie dolls to offset increased costs from tariffs.
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#TrumpCrypto “Not just a coin — it’s a movement! Trump Coin is the ultimate meme coin for those who like their crypto bold, loud, and unapologetic. Whether it pumps or dumps, it’s all about the ride. In memes we trust, in Trump we bet!”
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Recent blockchain activity indicates that Bitcoin whales are actively moving substantial amounts of $BTC , suggesting potential accumulation strategies. 🚨 Major Bitcoin Movements from Exchanges In the past 24 hours, significant Bitcoin transfers have been observed:  • Coinbase Withdrawal: An anonymous whale transferred 2,107 BTC (approximately $197.7 million) to a wallet associated with Coinbase Institutional.  • Binance Withdrawals: Two newly created addresses withdrew a total of 2,273 BTC (around $59 million) from Binance. One address received 1,272.83 BTC ($33.1 million), and the other received 1,000 BTC ($26 million).  These movements to new or institutional wallets may indicate long-term holding intentions, a common behavior among whales during accumulation phases.  🕰️ Dormant Whales Reactivate Adding to the intrigue, two long-dormant Bitcoin wallets have become active:  • Wallet 1NWPS: After 10.5 years of inactivity, this wallet moved 2,343 BTC (~$222.2 million).  • Wallet 1PiEK: Inactive for over 11 years, it transferred 1,079 BTC (~$102.5 million).  Such reactivations are rare and often signal strategic moves by early adopters, possibly in response to current market conditions. Accumulation Trends Data from Glassnode reveals that large Bitcoin holders (whales) are maintaining peak accumulation levels, with an accumulation trend score near 0.95. This suggests strong confidence among major investors, even as smaller holders show varying behaviors.  ⸻ 📈 Bitcoin Price Snapshot As of now, Bitcoin (BTC) is trading at approximately $96,362, reflecting a 2.1% increase from the previous close. The day’s trading range has seen a low of $93,587 and a high of $97,513.
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