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$SOL Solana (SOL) has recently oscillated around $150, facing a key resistance level at $154. A breakthrough could challenge targets of $163 or even $200. On-chain data shows frequent whale activity, with over 300,000 SOL recently withdrawn from exchanges and staked, indicating long-term confidence. Technical indicators like MACD are neutral, but if it holds the $150 support, it may continue an upward trend. The market is watching whether it can break through $160 in May; otherwise, it may retreat to the $130-$140 range.
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#USStablecoinBill The U.S. Senate is currently reviewing the bipartisan Lummis-Gillibrand Payment Stablecoin Act, a proposed law aiming to regulate stablecoins by enforcing one-to-one reserve backing, banning algorithmic stablecoins, and ensuring strong consumer protections such as asset segregation and reserve transparency. The bill also supports a dual banking system, allowing both federal and state-chartered institutions to issue stablecoins—though state trust companies would be capped at $10 billion. While it was initially supported across party lines, recent political tensions and ethical concerns—such as potential conflicts of interest involving the Trump family's crypto ventures—have led some Senate Democrats to withdraw support, raising uncertainty about the bill’s future
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#MarketPullback During his presidency, Donald Trump implemented a series of tariffs as part of his "America First" trade policy, targeting countries like China, the EU, and Canada. These tariffs, often justified as protecting U.S. industries, sparked trade wars and economic debates. Supporters argued they strengthened domestic manufacturing and pressured trading partners to renegotiate deals, such as the USMCA replacing NAFTA. Critics, however, warned of higher consumer prices, retaliatory tariffs, and disruptions to global supply chains. The China tariffs, in particular, escalated tensions, leading to prolonged negotiations. While some industries benefited, others, like agriculture, suffered losses, prompting federal aid. Trump's aggressive tariff approach reshaped U.S. trade relations, leaving a lasting economic impact
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#WODL Today 05/05/2025 Word of the day 8 Letters Answer is " SECURITY " 🪙🎁✔️
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$USDC Stablecoin regulation and the digital future. “We need to be able to provide for instant payment at the speed of the Internet and at the speed of human need.” - @ddisparte at TIME100 Talks
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