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Trump will announce the trade deal with 🇨🇳 China today. Prepare for volatility!
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A whale address has transferred 1000 ETH to Binance after being dormant for over 2 years. $ETH On May 12th, according to the monitoring of OnChain Lens, a whale address, which had been dormant for 2.3 years, deposited 1000 ETH into Binance. The value of this deposit is approximately $2.5 million.
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Binance CEO: Bitcoin Expected to Play a More Significant Role in Diversified Investment Portfolios $BTC On May 12th, Richard Teng, the CEO of Binance, posted on social media, saying, "Bitcoin remains the flagship among crypto assets and is also a resilient tool for storing value in the face of global economic uncertainty." As more and more institutions adopt it, it is anticipated that Bitcoin will play a more prominent role as a hedging tool and digital gold in diversified investment portfolios.
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#TradeWarEases : A Sigh of Relief for Global Markets** The U.S. and China have reached a tentative agreement to roll back tariffs imposed during their years-long trade war, signaling a thaw in tensions. The deal includes reduced levies on key goods like electronics, agriculture, and automotive parts, offering businesses and consumers hope for lower costs and stabilized supply chains. Economists warn challenges remain—tech disputes and subsidies are still unresolved—but the move marks a critical step toward rebuilding trust. Markets reacted positively, with Asian and European stocks rising amid optimism. For industries battered by tariffs, this could mean breathing room. Farmers, manufacturers, and retailers are cautiously optimistic, though long-term solutions hinge on sustained diplomacy. 🌍 *A step forward, but the path to full resolution remains delicate.*
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$BTC #Bitcoin remains the flagship crypto asset and a resilient store of value amid global economic uncertainty. As institutional adoption grows, expect Bitcoin to play a bigger role as a hedge and digital gold in diversified portfolios.
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JPMorgan’s Bitcoin ETF Holdings Surge to $1.7 Billion, Signaling Institutional Confidence
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