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$USDC
"The stablecoin rapidly gaining market share, showcasing robust backing and challenging USDT's dominance."
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Shsayb
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#BigTechStablecoin The Prime Example: Meta (formerly Facebook) and Its Stablecoin Ambitions When discussing high-profile stablecoin projects, Meta’s (previously Facebook’s) Libra—later rebranded as Diem—stands out as the most prominent case. The Vision – Libra: In 2019, Facebook unveiled Libra, a global stablecoin backed by a basket of low-volatility assets such as bank deposits and short-term government securities. Managed by an independent consortium, the project aimed to revolutionize digital finance by offering a new global currency to facilitate payments, remittances, and financial inclusion for billions, leveraging Facebook’s enormous global user base. The Backlash: The announcement triggered swift and widespread regulatory and political resistance. Authorities across the globe voiced major concerns, including: Monetary Sovereignty: Fears that a corporate-backed currency could erode national control over monetary policy. Financial Stability: Risks of systemic disruption if Libra gained traction without robust reserve management. AML/KYC Compliance: Doubts about Libra's ability to enforce safeguards against illicit financial activity. Privacy: Existing distrust of Facebook intensified concerns about how user financial data would be handled. Antitrust and Competition: Warnings that Facebook entering finance could distort competition and consolidate power in Big Tech. The Evolution – Diem: Under immense regulatory pressure, the project was scaled back and rebranded as Diem. The vision shifted from a multi-currency global coin to a more modest, single-currency stablecoin (e.g., Diem USD). As scrutiny mounted, many key partners distanced themselves or exited entirely, and the project ultimately failed to launch.
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#CryptoFees101 "In futures trading—for example, on the $ETH /USDT pair—placing a market order to buy ETH with USDT incurs a taker fee, typically around 0.1%. Using a limit order that waits to be filled may qualify for a lower maker fee. Additionally, network fees can apply when withdrawing ETH. Always review the platform’s fee structure and choose the appropriate order type to minimize costs, especially during periods of high trading volume or volatility." $ETH
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#TradingOperations due to market changes, I have made some changes in my trading operations. Instead of buying more coins I am doing DCA to help my coins. $BTC $BNB
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$BTC BTC Pair – A Trader’s Playground There’s no rest when you're in $BTC. One moment it’s calm—next, total chaos. It reacts to everything: Fed speeches, whale moves, even random tweets. Blink and you miss the setup. Fast hands. Clear head. That’s how $BTC/USD is played.
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#TrumpVsMusk Musk–Trump Feud Triggers $26–34 Billion Wealth Wipeout On June 5, 2025, Elon Musk slammed former President Donald Trump over his proposed “One Big Beautiful Bill,” calling it a "disgusting abomination." Trump fired back, threatening to pull federal subsidies and cancel contracts with Musk’s companies—including $1.2 billion annually in EV tax credits. Immediate Market Fallout: Tesla stock plunged 14–14.3%, wiping out $150–153 billion in market value—its worst single-day drop in four years. Musk’s net worth fell by $26.6–34 billion within hours, one of the largest one-day personal losses in history. Trump Didn’t Escape Unscathed: Trump Media & Technology stock dropped ~8%. His $TRUMP crypto fell ~12%. Combined losses exceeded $1 billion: ~$202 million in stock ~$900 million in crypto Why It Matters: Markets React to Drama – High-profile political clashes can rattle investor confidence. Big Tech at Risk – Musk’s public stance may trigger regulatory and funding risks for Tesla, SpaceX, and related ventures. Tensions May Escalate – Trump’s threats could impact Musk’s access to government contracts and subsidies. Quick Stats: Tesla drop: ~14% Market cap lost: ~$150–153 billion Musk wealth drop: ~$26.6–34 billion
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