Elon Musk reminded President Trump of his own words.#MyCOSTr | Crypto beans on Binance Square

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Elon Musk reminded President Trump of his own words.#MyCOSTrade #ElonMuskTalks #TRUMP $BTC 

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TRUMP -XI PHONE CALL EASES TRADE WAR TENSIONS! The recent phone call between US President Donald Trump and Chinese President Xi Jinping has indeed eased trade war tensions between the two nations. Here's what's happening : Positive Conclusion: The call, which lasted around 1.5 hours, resulted in a "very positive conclusion" for both countries, according to Trump. Xi and Trump discussed trade intricacies and agreed to hold more tariff talks. Tariff Talks: The two leaders aim to reduce tariff rates while negotiations take place, as per their agreement on May 12. Trump mentioned that there should no longer be any questions on rare earth products. In-Person Meeting: Trump and Xi have agreed to meet in person, although no specific date has been set. Both leaders have extended invitations to visit each other's countries. Diverging Readouts: While Trump described the call as "very good," China's readout was more muted, with Xi emphasizing the need to "correct the course" of ties. Focus on Trade: The conversation was focused almost entirely on trade, with no discussions on Russia/Ukraine or Iran, according to Trump. What's Next? Further Negotiations: The US and Chinese trade teams will hold a new meeting shortly to discuss tariffs and other trade issues. Market Impact: The phone call has likely reduced market volatility, at least in the short term, as investors await further developments in the trade negotiations. Global Economic Implications: The outcome of these talks will have significant implications for global trade and economic stability .#BlackRockETHPurchase #MarketPullback #TRUMP #X $BTC $TRUMP

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BITCOINERS ARE LOVING ELON MUSK'S DEBT FALLOUT WITH TRUMP! Bitcoiners are likely enjoying Elon Musk's public feud with Donald Trump over the national debt, as Musk's concerns about fiscal irresponsibility align with some of the cryptocurrency community's views on government spending. Here are some key points about the situation : Musk's Criticism: Elon Musk has slammed Trump's spending bill, warning that it will balloon the US national debt to unsustainable levels, potentially triggering a severe economic crisis. He even went as far as to say that Trump's proposal would "drive America into debt slavery". Support from Financial Leaders: Other prominent financial leaders, including Jamie Dimon, Jerome Powell, Ray Dalio, and Warren Buffett, have echoed Musk's concerns about the national debt. Tesla's Market Value: The public spat between Musk and Trump has already taken a toll on Tesla's market value, with a $150 billion wipeout in market value and an 18% drop in stock price over the past week. Bitcoin Connection: Musk's warnings about the national debt have drawn parallels with longstanding concerns from Bitcoin advocates about the unsustainability of US fiscal policies. Some Bitcoiners might view Musk's criticism of Trump's spending bill as a validation of their own concerns about government debt. It's worth noting that the cryptocurrency community has been vocal about the potential risks of excessive government spending and debt, and Musk's comments may resonate with those who share similar views.#TrumpVsMusk #BinanceAlphaAlert #MarketPullback $TRUMP #SaylorBTCPurchase

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MUSK VS TRUMP FEUD FUELS CRYPTO CRASH! The cryptocurrency market is experiencing a significant downturn due to the escalating feud between Elon Musk and Donald Trump. This public spat has introduced uncertainty and volatility into the market, leading to a sharp decline in cryptocurrency prices. Key Affected Cryptocurrencies: Bitcoin: Dropped 2.4% to $101,895, with a crucial support zone between $100,700 and $98,000. Ethereum: Plummeted 6.6% to $2,424. Dogecoin: Crashed 7.9%, with some reports indicating a nearly 20% drop. Market Impact: Total Liquidations: Nearly $1 billion in leveraged positions were wiped out in 24 hours. Market Capitalization: The total crypto market cap dropped 3.42% to $3.18 trillion, with a 5.1% decline in market capitalization, erasing over $170 billion in total market value. Investor Sentiment: Investor confidence has been shaken, with some analysts speculating that the bearish reaction is temporary and the market might stabilize if the feud cools off .#MarketPullback #BlackRockETHPurchase #TrumpTariffs #ElonMuskTalks #ElonMuskTwitter

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PI NETWORK CAUTIONS PIONEERS ON FAKE WALLET PHISING SCAMS! The Pi Network has indeed issued a warning to its users about phishing scams targeting their wallets. Scammers are using fake websites, emails, and social media ads that closely resemble the official Pi Wallet interface to steal users' secret passphrases. These phishing attempts often promise fake rewards or bonuses, tricking users into revealing sensitive information. Protecting Yourself from Phishing Scams: Verify Official Links Only access your Pi wallet through the official link, (link unavailable) Be Cautious of Emails: Trust only emails from official Pi domains like [email protected], especially for two-factor authentication or wallet migration. Watch Out for Fake Websites: Be aware of phishing websites that mimic the official Pi Wallet interface, using slightly altered web addresses or hiding malicious links behind ads. Never Share Your Passphrase: No legitimate Pi Network admin or member will ask for your wallet passphrase or private key. Keep your passphrase safe and secure. Stay Updated: Follow official Pi Network channels for the latest information on phishing scams and security best practices . Recent Scams: - A recent scam involved fake messages urging users to send Pi coins to become a "node" using a platform called "Wrapped Pi." This is a fraudulent scheme, and users should never send Pi to anyone for node status or other unofficial offers. - Over 20,000 Pi tokens were allegedly hacked within 24 hours due to phishing scams, highlighting the growing threat of cyberattacks targeting Pi Network .#pi #MarketPullback #TrumpTariffs

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WILL BINANCE SAVE PI NETWORK? OR IS THIS THE FINAL COUNTDOWN? It seems like Pi Network's potential listing on Binance is a bit of a mess. Despite 86.8% of Binance users voting in favor of listing Pi Coin in February 2025, the deal hasn't gone through yet. The main reasons for the delay appear to be : Regulatory Issues: Binance's recent $4.3 billion settlement with US authorities might be causing them to be extra cautious. Profitability Concerns: Pi Network's slow mainnet rollout and token lock mechanisms might not align with Binance's revenue-first listing strategy. Community Backlash: Tensions between Pi's vocal community and Binance have risen, with many Pi users expressing frustration and skepticism. However, there's a twist - a recent poll among Pi Network users showed that a significant majority (over 60-72%) are actually opposed to a Binance listing, citing concerns about: Unresolved KYC Issues: Many users are stuck in the Know Your Customer (KYC) verification process, with some waiting for years. Wallet Problems: Users are experiencing issues with balance migration and wallet infrastructure. Technical Snags: The project's technical indicators are flashing red, with bearish signals and a volatile price path. Given these challenges, it's unclear whether Binance will ultimately "save" Pi Network. Some sources estimate a 93% chance of listing before June 28 (Pi2Day), but the community remains cautious. To move forward, Pi Network might need to : Simplify the KYC Process: Streamline verification and reduce wait times. Upgrade Wallet Infrastructure: Ensure seamless balance migration and real-time updates. Improve Communication: Publish regular updates and address user concerns. For now, Pi Coin's price has dropped over 10% in the last week, trading at $0.6526. The project's deadline for KYC completion and mainnet migration is March 14, 2025, and users who don't comply will forfeit access to their tokens .#TrumpVsMusk #pi #BinanceAlphaAlert $

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