#TariffsPause Crypto whales are individuals or entities tha | SakibTG on Binance Square

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#TariffsPause Crypto whales are individuals or entities that hold large amounts of cryptocurrency. They may have an influence on the price and liquidity of a cryptocurrency. The activities of these entities are observed by the crypto community due to their potential to affect the market.
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Bitcoin, Ethereum, and other major cryptocurrencies experienced a significant drop as global risk sentiment deteriorated due to new US tariff plans announced by President Trump. The impending trade war and potential recession fears have also affected commodities, safe-haven assets, and caused a broad market sell-off, spilling into the cryptocurrency market. $BTC $XRP

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#AirdropStepByStep Binance Launchpool is a feature on Binance where users can lock their cryptocurrency assets to receive new tokens through airdrops. This system provides a straightforward way for crypto holders to participate in token distributions without additional costs. By allowing users to lock tokens like BNB and FDUSD, Launchpool creates opportunities for asset holders to expand their crypto portfolios.

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#AbuDhabiStablecoin Stable coins: Circle received in-principal regulatory approval from Abu Dhabi Global Market's Financial Services Regulatory Authority to expand its operations in the Middle East. Stablecoins are growing globally as a payments and remittances alternative to traditional rails. The regulatory development comes after Circle debuted a payments network last week boosting utility for its $62 billion USDC token, while the firm is navigating a quiet period after filing for an IPO in the U.S.

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#ArizonaBTCReserve The Arizona Bitcoin Reserve Plan is Still Awaiting Executive Approval There is still one hurdle left. Governor Katie Hobbs needs to sign off on the bills to make them official. So far, she has not publicly tipped her hand either way. But given the bipartisan backing the bills already have, it looks like the odds are in favor of this plan moving forward. If the governor signs on the dotted line, Arizona’s treasurer would quickly get the green light to start building out the crypto reserve. What This Could Mean for Cryptocurrency Adoption Arizona is not the only state flirting with crypto. Places like Texas, Florida, and New Hampshire are already exploring how to bring digital assets into their financial playbooks too. The momentum is definitely shifting. What once seemed radical now feels more like a smart hedge against the unknowns facing traditional finance. The move also mirrors the broader trend of institutions treating Bitcoin less like a speculative gamble and more like a serious store of value.

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#TrumpTaxCuts As of now (April 2025), Donald Trump, during his 2024 presidential campaign and early presidency, has expressed support for lowering taxes on crypto trading. He positioned himself as "pro-crypto" to appeal to digital asset investors. In fact, Trump has proposed: Reducing capital gains taxes, including on crypto profits. Eliminating taxes on small crypto transactions (like under $200) to encourage everyday crypto use. Opposing CBDCs (central bank digital currencies), arguing they could harm private crypto markets like Bitcoin. However, no specific federal law has passed yet that significantly changes crypto tax rules. Traders in the U.S. are still generally required to: Report crypto trades as taxable events (capital gains or losses). Pay taxes based on how long they hold the asset (short-term vs. long-term rates). In short: Trump talks about cutting taxes on crypto trading, but as of now, traders still follow the regular IRS crypto rules. Many in the crypto community are watching closely to see if he pushes actual legislation this year.

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Bitcoin News Today: Bitcoin Climbs 16% in April as Ethereum RWA Tokenization Surges 20%

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