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=> China Ditches US Debt, Bitcoin Surges Ahead! China has recently reduced its holdings of US debt, with the UK now holding more US public debt than China. China's holdings decreased to $765 billion, while the UK holds $779 billion, and Japan remains the top holder with $1.113 trillion. This shift reflects rising geopolitical tensions and concerns about the US fiscal situation. Despite this, Bitcoin is gaining ground, with some speculating it could become a top international currency due to its limited supply and decentralized nature. Bitcoin's current price is $116,136.45, with a 1.93% decrease. 🗝️ Points: 1 - China's US Debt Holdings: Decreased to $765 billion 2 - UK's US Debt Holdings: $779 billion, surpassing China 3 - Japan's US Debt Holdings: $1.113 trillion, remaining the top holder 4 - Bitcoin's Current Price: $116,136.45 5 - Bitcoin's Potential Role: Could become a top international currency due to its decentralized nature and limited supply Some experts believe Bitcoin could serve as a hedge against economic uncertainty and inflation, while others think it's too volatile. The reduction in foreign investors' US debt holdings, now at 31% compared to nearly 60% in 2008, also adds to the complex economic landscape.
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Trump abolishing federal income tax
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#CryptoScamSurge Stay Alert! 🚨 Crypto scams are on the rise! 🚀 Scammers are getting sneaky, impersonating legit accounts & promising fake giveaways. 🤯 Don't fall for it!* 🤓 1- Verify accounts before investing 2- Be cautious of "too good to be true" offers 3- Never share your private keys or wallet credentials Stay safe, stay informed! 💡
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=> Crypto Scams on the Rise: Stay Vigilant The cryptocurrency market is buzzing with excitement as it reaches new heights, but scammers are taking advantage of the hype. Brad Garlinghouse, CEO of Ripple, warns that fake XRP giveaway schemes are flooding YouTube, with scammers impersonating official Ripple accounts. => How to Stay Safe: 1 - Verify accounts: Be cautious of accounts with similar names or logos to official Ripple accounts. Check for verified badges and ensure the account URL is legitimate. 2 - Be wary of giveaways: If an offer seems too good to be true, it probably is. Legitimate projects rarely give away free crypto. 3 - Watch for phishing scams: Scammers may ask for your private keys or wallet credentials. Never share sensitive information online. => Common Crypto Scams: A - Investment scams: Scammers promise unusually high returns or guaranteed profits. B - Phishing scams: Fake emails, messages, or websites trick you into revealing sensitive information. C - Romance scams: Scammers build relationships to extract crypto funds. D - Pig butchering scams: Sophisticated scams that build trust over time before requesting crypto investments. E - Rug pulls: Scammers create fake projects, hype them up, and then disappear with investors' funds. => What to Do: √ - Do your research: Verify projects and teams before investing. √ - Use reputable platforms: Stick to well-known and trusted platforms. √ - Stay informed: Keep up-to-date with market news and trends. By staying vigilant and informed, you can protect yourself from crypto scams and ensure a safer investment experience.
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