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$BTC The U.S. and China agreed to **temporarily suspend 24 percentage points** of reciprocal tariffs for 90 days while retaining 10% tariffs, and removed additional duties imposed in early April 2025. China also committed to suspending non-tariff countermeasures . New negotiations began on **June 9 in London**, with U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer meeting China’s lead negotiator, Vice Premier He Lifeng . These follow May talks in Geneva where both sides emphasized **cooperation on fentanyl control** and addressing non-tariff barriers . The talks aim to establish a **sustainable trade relationship** through ongoing discussions, with future meetings alternating between countries . Markets reacted cautiously, with Treasury yields dipping slightly ahead of the London talks .
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#USChinaTradeTalks The U.S. and China agreed to **temporarily suspend 24 percentage points** of reciprocal tariffs for 90 days while retaining 10% tariffs, and removed additional duties imposed in early April 2025. China also committed to suspending non-tariff countermeasures . New negotiations began on **June 9 in London**, with U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer meeting China’s lead negotiator, Vice Premier He Lifeng . These follow May talks in Geneva where both sides emphasized **cooperation on fentanyl control** and addressing non-tariff barriers . The talks aim to establish a **sustainable trade relationship** through ongoing discussions, with future meetings alternating between countries . Markets reacted cautiously, with Treasury yields dipping slightly ahead of the London talks .
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#CryptoCharts101 A $500,000 Lesson in Crypto Fees 🤯 Imagine accidentally paying half a million dollars for a single transaction. It sounds unbelievable, but in September 2023, it happened. A user mistakenly paid a fee worth around $500,000—over 300 $ETH at the time—for a single transaction. This real-life story is a powerful reminder of why understanding crypto fees is absolutely essential. What Are Transaction Fees? 🤔 On blockchain networks, transaction fees (often called "gas" on Ethereum) are small payments made to network validators or miners. They serve two crucial functions: Incentivizing Validators: Fees reward them for processing transactions and securing the network. Preventing Spam: They make it costly for malicious actors to flood the network with useless transactions. Why Should You Care? 💡 Network fees are not static; they fluctuate based on how busy the network is. During peak times, fees go up. If you set your fee too low, your transaction could get stuck for hours. If you set it too high—as the story shows—you could make a very expensive mistake.
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#TradingMistakes101 A $500,000 Lesson in Crypto Fees 🤯 Imagine accidentally paying half a million dollars for a single transaction. It sounds unbelievable, but in September 2023, it happened. A user mistakenly paid a fee worth around $500,000—over 300 $ETH at the time—for a single transaction. This real-life story is a powerful reminder of why understanding crypto fees is absolutely essential. What Are Transaction Fees? 🤔 On blockchain networks, transaction fees (often called "gas" on Ethereum) are small payments made to network validators or miners. They serve two crucial functions: Incentivizing Validators: Fees reward them for processing transactions and securing the network. Preventing Spam: They make it costly for malicious actors to flood the network with useless transactions. Why Should You Care? 💡 Network fees are not static; they fluctuate based on how busy the network is. During peak times, fees go up. If you set your fee too low, your transaction could get stuck for hours. If you set it too high—as the story shows—you could make a very expensive mistake.
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#CryptoFees101 A $500,000 Lesson in Crypto Fees 🤯 Imagine accidentally paying half a million dollars for a single transaction. It sounds unbelievable, but in September 2023, it happened. A user mistakenly paid a fee worth around $500,000—over 300 $ETH at the time—for a single transaction. This real-life story is a powerful reminder of why understanding crypto fees is absolutely essential. What Are Transaction Fees? 🤔 On blockchain networks, transaction fees (often called "gas" on Ethereum) are small payments made to network validators or miners. They serve two crucial functions: Incentivizing Validators: Fees reward them for processing transactions and securing the network. Preventing Spam: They make it costly for malicious actors to flood the network with useless transactions. Why Should You Care? 💡 Network fees are not static; they fluctuate based on how busy the network is. During peak times, fees go up. If you set your fee too low, your transaction could get stuck for hours. If you set it too high—as the story shows—you could make a very expensive mistake.
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