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The TrumpโMusk feud has introduced significant volatility into the cryptocurrency market, highlighting the risks associated with assets influenced by prominent figures. Investors are advised to exercise caution and stay informed about ongoing developments.
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๐ฅ Origins of the TrumpโMusk Feud The discord began when Elon Musk criticized Trump's "One Big Beautiful Bill," a major tax-and-spending proposal, labeling it a "disgusting abomination" and urging its rejection. Trump retaliated by threatening to revoke federal contracts with Musk's companies, notably impacting Tesla's electric vehicle tax credits. The situation escalated as Musk alluded to Trump's potential links to Jeffrey Epstein and supported calls for Trump's impeachment.
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All is well that end is well. #Shib #Binance#ElonMuskDOGEDeparture
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#EarnWhileYouWrite You can earn by writing articles and sharing information at this platform. Easy task to earn. Stay blessed.
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Pakistan plans to adopt crypto Pakistan has announced a significant shift in its financial strategy by establishing a government-led Strategic Bitcoin Reserve. This move, unveiled on May 28, 2025, at the Bitcoin 2025 conference in Las Vegas by Bilal Bin Saqib, CEO of the Pakistan Crypto Council and Minister of Crypto and Blockchain, marks a departure from the country's previous stance on cryptocurrencies. The government plans to hold Bitcoin in a national wallet with no intention of selling, signaling a long-term commitment to digital currency. This initiative is part of a broader strategy that includes allocating 2,000 megawatts of electricity to support Bitcoin mining and artificial intelligence data centers. Inspired by the United States' own Strategic Bitcoin Reserve, Pakistan aims to utilize its surplus electricity capacity, address high electricity tariffs, and capitalize on the rapid growth of solar energy adoption. The initiative is expected to generate high-tech employment opportunities and attract foreign investment, contributing to the country's digital infrastructure development. With over 40 million crypto wallets and one of the largest freelance economies globally, Pakistan's embrace of blockchain technology and cryptocurrency could position it as a significant player in the global digital economy. #TradingTypes101 #BinanceAlphaAlert #Bitcoin2025
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