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$BTC As of today, June 6, 2025, sentiment around Bitcoin (BTC) is neutral to slightly bearish. Here’s what the indicators show: * Fear & Greed Index: This popular indicator that measures market sentiment is currently reading 46 (Neutral). Yesterday it was 57 (Neutral) and last week it was 65 (Greed), indicating a slight decline in optimism. * Price: Bitcoin is consolidating around $105,000. Although it has fluctuated in recent days, with highs above $106,000 and lows below $103,000, the price is relatively stable. * News and Factors: * Trump-Musk Conflict: The recent public spat between Donald Trump and Elon Musk, which included criticism of a bill and threats to government contracts, has contributed to a more cautious mood in the market, with some analysts indicating that Bitcoin could head towards $100,000. * ETF Outflows: There are reports of outflows from Bitcoin ETFs, which may indicate reduced demand from institutional investors. * Reduced Demand from Retail Investors: We are seeing a weakening demand from retail investors. * Technical Analysis: Some technical indicators indicate that Bitcoin has tested support levels and may have the potential to decline. Overall, while Bitcoin is holding steady around $105,000, the prevailing mood is cautious, influenced by macroeconomic factors, political events, and market signals that point to a consolidation phase.👈
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#TrumpVsMusk A volatile relationship Musk initially served as a White House adviser during Trump's first term, but later left. Despite past friction, Musk officially endorsed Trump in July 2024 after the assassination attempt. He became a major donor, contributing over $250 million to Trump's campaign, and was appointed to lead the Department of Government Efficiency (DOGE) initiative. Recent rift Their relationship soured dramatically in early June 2025 over a major budget bill that Trump supported. Musk publicly denounced the bill as a "disgusting abomination," fearing its impact on the deficit and the potential elimination of electric vehicle tax credits, which would have affected Tesla. Accusations and threats Trump expressed "disappointment" and "surprise" at Musk's criticism, threatening to cancel "lucrative government contracts" for companies like Tesla and SpaceX. Musk responded by claiming that Trump "would have lost the election" without his support and accused him of "ingratitude." He also made unfounded allegations about Trump's appearance in the Jeffrey Epstein files. This latest public spat marks a significant shift from their recent alliance, highlighting the volatile nature of their relationship.👈
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#CryptoSecurity101 Cryptocurrency security is key because transactions are irreversible and you are fully responsible for your assets. Basic crypto security tips * Choose the right wallet: * Hot wallets (online): Convenient for frequent trading, but more vulnerable. Use them only for small amounts. * Cold wallets (hardware): Offline devices, extremely secure for long-term storage of significant funds (e.g. Ledger, Trezor). * Protect your "seed" phrase: This is your master key. * NEVER share it. No legitimate representative will ask you for it. * Store it offline in a secure place (written on paper, engraved on metal), in several different places. * Avoid photos or digital storage. * Strong passwords and two-factor authentication (2FA): * Use unique, complex passwords for each crypto account. * Always enable 2FA (prefer authentication apps over SMS). * Watch out for phishing: * Always check website URLs. * Don’t click on suspicious links. * Never send crypto to strangers promising quick profits. * Verify transactions: * Always check the recipient’s address before sending. * Make sure the network and token standard match. Keep your software up to date and avoid public Wi-Fi networks for crypto transactions. Be informed – in the age of cryptocurrency, you are your own bank!👈
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$USDC USDC (USD Coin) is a leading stablecoin in the cryptocurrency world, designed to maintain a stable value. What is USDC? * Fiat-backed: USDC is a type of cryptocurrency that aims to maintain a stable value as close to 1 US dollar as possible. * 1:1 Collateral: Each USDC token in circulation is theoretically backed by one US dollar or equivalent assets held in reserves. These reserves consist primarily of highly liquid cash and short-term US Treasury bonds. * Redeemable: USDC holders can exchange their tokens for real US dollars at a 1:1 ratio through the issuer. Who issues USDC? USDC is issued by Circle Internet Financial through its regulated entities. Circle is a large fintech company that aims to connect traditional finance with blockchain technology. How does USDC work? When a user deposits USD, new USDC tokens are created. When a user wants to get dollars back, the equivalent amount of USDC tokens are "burned" (removed from circulation). Circle regularly publishes audited reports of its reserves, ensuring transparency. Key features and benefits: * Stability: Its main goal is to provide stability in the volatile crypto market. * Global transactions: Allows for fast and cheap international transfers 24/7. * DeFi integration: Widely used in decentralized finance. * Multi-chain: Available on multiple blockchain networks (such as Ethereum, Solana, etc.). USDC is considered one of the more secure stablecoins due to its full collateral and regular audits.
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