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's anti-free market tariffs, 80% of Americans are going to see their investments take a nose dive, 10% are going to lose their house on crypto, and the rest will be in poverty, prison, or dead from a lack of healthcare.
#TariffiHODL
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While India does not recognize cryptocurrencies as legal tender trading and investing in them is legal in 2025. The Income Tax Bill 2025 classifies Virtual Digital Assets (VDAs), including crypto and NFTs, as property and capital assets, subjecting them to a 30% capital gains tax and a 1% TDS on transactions above ₹50,000 (₹10,000 in some cases). This bill aims to align India's tax structure with global practices where digital assets are often treated as property or securities. It also allows tax authorities to track and seize VDAs in cases of tax evasion, ensuring these assets don't remain outside regulatory oversight. However, a comprehensive regulatory framework specifically governing cryptocurrencies is still under development. #DigitalAssetBill
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The U.S. Securities and Exchange Commission (SEC) has recently postponed decisions on several proposed altcoin Exchange Traded Funds (ETFs). These delays affect applications for spot ETFs based on cryptocurrencies like XRP, Dogecoin (DOGE), Solana (SOL), and Hedera (HBAR). The SEC extended its review period for Franklin Templeton's spot XRP ETF and Bitwise's Dogecoin ETF until June 17 and June 15, 2025, respectively. Similar postponements have been announced for other altcoin ETF applications. Bloomberg ETF analyst James Seyffart noted that these delays are expected, with final deadlines for most of these applications falling in October 2025 or later. Despite the postponements, some analysts remain optimistic about potential approvals later this year, especially under the current crypto-friendly administration. #AltcoinETFsPostponed
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Based on the information available, here's a summary of Donald Trump's first 100 days in office concerning cryptocurrency: * Trump's administration has shown a notable shift towards a more pro-crypto stance, with initiatives aimed at positioning the U.S. as a crypto capital." * Key actions include directives to encourage domestic cryptocurrency development and the establishment of a "Strategic Bitcoin Reserve." * Regulatory changes, such as the SEC's dismissal of certain lawsuits against crypto exchanges, indicate a more lenient approach. * However, the cryptocurrency market has experienced volatility, with fluctuations in Bitcoin and other altcoin values. * There are also reports that Trump has launched his own crypto currency and that he has a financial venture related to crypto currency. * His administration has also been reported to have made some changes to regulatory personnel, with the replacement of some members of the SEC with pro crypto members. * His trade policies have also had an effect on the crypto market. #Trump100Days
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#AirdropSafetyGuide Participating in crypto airdrops can be exciting, but safety is paramount. Scammers often create fake airdrops to steal your information or crypto. Always verify the airdrop's legitimacy through official channels like the project's website and social media. Never share your private keys or seed phrases; legitimate airdrops won't ask for them. Use a separate wallet for airdrops to isolate potential risks. Be cautious of phishing attempts and never connect your wallet to suspicious websites. If an airdrop asks for upfront payments, it's likely a scam. Research the project thoroughly before participating and remember, if it sounds too good to be true, it probably is.
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Bitcoin (BTC) is the pioneering decentralized cryptocurrency, conceived in 2008 by the pseudonymous Satoshi Nakamoto. It enables peer-to-peer digital cash transactions without intermediaries like banks. Transactions are verified by a distributed network through a process called mining, which involves solving complex computational puzzles to add new blocks of transactions to the public, an immutable ledger known as the blockchain. Bitcoin's supply is capped at 21 million coins, creating scarcity. It has evolved from a niche technology to a significant digital asset, experiencing substantial price volatility. As of April 30, 2025, Bitcoin is trading around $94,500. It's used for investment, transactions, and as a store of value by individuals and institutions globally. $BTC
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