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El Salvador Adjusts Bitcoin Policy in $1.4 Billion IMF Deal
El Salvador will make Bitcoin acceptance by merchants voluntary, reduce its involvement in the Chivo wallet, and limit public sector $BTC related activities as part of a $1.4 billion loan agreement with the International Monetary Fund (IMF). The IMF announced on Dec. 18 that El Salvador would receive $1.4 billion over 40 months to lower its debt-to-GDP ratio. “The potential risks of the Bitcoin project will be diminished significantly in line with Fund policies. Legal reforms will make acceptan
Bitcoin's Price Swings Amid Flux Market: Traders on Edge 🚀💸
So, how’s $BTC doing today? 📊 As of now, its price stands at a massive $97,384 💰, with an impressive $69.42 billion worth of transactions taking place in the last 24 hours 💵! That’s not all – its market cap has soared to a staggering $1.92 trillion 🌍! Talk about being in the spotlight! 👏
However, the day hasn’t been entirely smooth sailing 🌊 for Bitcoin. It’s been riding a bit of a rollercoaster 🎢, fluctuating between $95,444 and $99,496 throughout the day 🔄. This wild swing has kept t
In countries like Pakistan and India, where awareness about digital assets is limited, fake platforms like Treasure NFT are deceiving innocent investors. These platforms make false promises of high returns and can lead users to lose their money and personal information.
How Does This Scam Work?
Unrealistic Profit Promises: Platforms like Treasure NFT lure users with fake promises of high returns. (Source)
Fake Referral System: These platforms offer bonuses for bringing in new users, which is often a sign of a Ponzi scheme. (Source)
Lack of Transparency: There is no information available about the team or operations of Treasure NFT, which is a big red flag. (Source)
How to Protect Yourself?
✅ Educate Yourself: Learn about NFTs and online investments to avoid falling for scams.
✅ Stay Away from Unrealistic Promises: If an investment opportunity sounds too good to be true, it probably is!
✅ Verify the Platform: Always check the legitimacy and credibility of a platform before investing.
✅ Use Trusted Sources: Only trust reputable NFT marketplaces like OpenSea and Rarible. 🔹 Spread awareness and help protect others from this scam! 🚀
For more details, watch this detailed research video on the Treasure NFT scam: