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THE MARKET UPDATES
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🚨 CRYPTO WEEK HAS BEGUN IN THE U.S. HOUSE:
Major bills on deck:
• Stablecoins
• Anti-CBDC
• Tax cuts
• SEC vs CFTC clarity
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🇨🇳 CHINA TO NATO AND TRUMP: BACK OFF WITH THE SANCTIONS TALK China just clapped back after NATO’s chief warned that Trump might slap Brazil, India, and China with secondary sanctions over their trade with Russia. Trump has threatened 100% tariffs if Russia doesn’t make a Ukraine peace deal in 50 days. China’s Foreign Ministry spokesman, Lin Jian: “Dialogue and negotiations are only way viable way out of the (Ukraine) crisis. China opposes unilateral sanctions and long arm jurisdiction. Tariff wars have no winners (and) coercion and pressure will lead nowhere.” Source: Anadolu Agency
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JUST IN: 🇺🇸 211 Democrats voted against advancing pro-crypto legislation.
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Purchasing Power of the US Dollar in June since 1950: • 1950: $1 • 1975: $0.55 • 2000: $0.14 • 2025: $0.07
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JUST IN: 🇸🇻🇵🇰 El Salvador President Nayib Bukele meets with Pakistan's Minister of Crypto.
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$ETH SHORT SQUEEZE HAS STARTED. $40 MILLION WORTH OF SHORTS WERE LIQUIDATED IN LAST 60 MINUTES !!
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