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#TrumpCongressSpeech President Donald Trump delivered a speech on March 4, 2025, before a joint session of the United States Congress, where he highlighted the actions and policies implemented in the first six weeks of his second term. Below are the main points of his address:

Economic and Tariff Policy

Trump defended the imposition of tariffs on countries such as Mexico, Canada, and China, arguing that these measures are essential to protect the U.S. economy and promote domestic production. Although these policies caused a decline in the stock market, the president justified them as necessary to safeguard the soul of the nation.

Tax Reform

The president requested Congress to approve tax cuts for all citizens, including the elimination of taxes on tips, overtime, and Social Security benefits. Additionally, he proposed that interest payments on car loans be tax-deductible, as long as the vehicle is manufactured in the United States.

Immigration and Border Security

Trump emphasized the need to reinforce security at the borders and requested additional funds from Congress to intensify the deportations of illegal immigrants. He also highlighted the significant reduction in illegal border crossings since he took office, attributing it to the strict policies of his administration.

Foreign Policy and International Relations

In a more conciliatory tone, the president mentioned receiving a letter from Ukrainian President Volodymyr Zelensky, in which he expressed his willingness to negotiate and sign an agreement related to mineral resources. This gesture was interpreted as an attempt to improve relations between the two countries and move towards peace in the region.

Government Restructuring

Trump praised Elon Musk's work at the head of the Department of Government Efficiency (DOGE)

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📊 #PriceTrendAnalysis: Anticipate Market Movements 🚀

Successful trading is not a matter of luck, but of strategy. With #PriceTrendAnalysis, access advanced tools to analyze price trends on Binance and make more informed decisions.

What is #PriceTrendAnalysis?

It is a data-driven approach based on historical data, price patterns, and technical analysis that helps you predict potential market movements before they happen.

How Does It Work?

🔹 Accurately identify bullish and bearish trends.
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🔍 #OnChainInsights: The Power of Transparency in Trading 🚀

In the crypto world, information is key. With #OnChainInsights, access real-time data on blockchain movements and make smarter decisions on Binance.

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It is a tool that allows you to analyze transactions on the blockchain to detect trends, identify movements of large investors, and anticipate market changes.

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🔹 Monitors large transactions in real time.
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🐳 #VIRTUALWhale: Trade like a Whale on Binance 🚀

In the world of crypto trading, "whales" are investors with large capital who can move the market with their trades. But with #VIRTUALWhale, you can also trade like them, regardless of the size of your portfolio.

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It is an innovative concept on Binance that allows you to simulate the behavior of a whale in the market, analyzing trends, executing advanced strategies, and understanding how large movements impact liquidity and prices.

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Binance is sued for 80 billion dollars in Nigeria.

The government of Nigeria has filed a lawsuit against Binance for 79.5 billion dollars, accusing the cryptocurrency exchange of contributing to the collapse of the naira and the country's economic crisis. Authorities claim that Binance facilitated monetary speculation, tax evasion, and money laundering, which would have severely affected Nigeria's financial stability.

The Nigerian government argues that Binance operated without a license since 2019 and did not pay corporate taxes or file tax returns between 2022 and 2023. Furthermore, the Federal Revenue Service demands penalties and an interest of 27% on tax debts. According to the Economic and Financial Crimes Commission, the platform facilitated the laundering of 35 million dollars.

The legal conflict includes the detention of two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, who were arrested during the investigation. Subsequently, Anjarwalla managed to escape, while Gambaryan remains in custody facing charges of money laundering. The dispute has raised concerns about the regulation of the crypto industry in Nigeria.

Five companies have begun the process to launch XRP exchange-traded funds (ETFs) in the United States. The Securities and Exchange Commission (SEC) has already acknowledged applications from Cboe BZX Exchange on behalf of Canary Capital, as well as 21Shares, Bitwise, Grayscale, and CoinShares. This marks a significant step forward in the potential regulation and trading of XRP in the U.S. financial markets.

The SEC will now publish the 19b-4 filing in the Federal Register, which will kick off a 21-day period for investors and specialists to submit comments on the proposals. During this time, the potential risks and benefits of these ETFs, as well as their impact on the cryptocurrency market, will be evaluated. After this process is complete, the SEC will make a decision on whether to approve or reject the applications.

Historically, the SEC has simultaneously approved similar applications to prevent market manipulation and ensure a level playing field. If this criteria is followed, all five ETFs are likely to be approved together, which would represent a major step for institutional adoption of XRP. To date, only Bitcoin (BTC) and Ethereum (ETH) have received ETF approvals in the United States.

In parallel, Brazil has been the first country to approve an XRP ETF, promoted by the firm Hashdex. This financial product is in its pre-operational phase, attracting investors to form the initial capital of the fund. According to Silvio Pegado, general director of Ripple in Latin America, XRP is an attractive option due to its growing institutional demand and its utility in global transactions.

The launch of these ETFs could increase the liquidity and visibility of XRP in the traditional financial market. However, the performance of these funds is still uncertain, as other ETFs, such as those of Ethereum, have faced difficulties in their adoption. The crypto industry remains attentive to regulatory changes in the US.UU.

What is support and resistance?

Support and resistance are key indicators in the price behavior of assets like Bitcoin.

They are defined as trading barriers where the price tends to bounce or stagnate.

They can be psychological, based on volume, or on price highs and lows.

These levels help identify market trends.

What are resistance and support levels used for in Bitcoin trading?

They are used to create trading strategies based on historical price behavior.

They act as areas of higher liquidity, where a high volume of trades is expected.

Traders use these levels to place stop-loss and take-profit orders.

How to identify Bitcoin's price support and resistance?

Historical Price Review: Analyze charts in different time frames.

Pattern Identification: Look for bounce points and psychological levels.

Use of Technical Tools: Employ trend lines, moving averages, and other indicators.

Trading Volume: An increase in volume can confirm the importance of a level.

Continuous Verification: Adjust levels according to market behavior.

Types of support and resistance in Bitcoin

Static support and resistance: Based on concrete data and psychological levels.

Psychological resistance or support: Round numbers that impact market perception.

Areas of high supply and demand: Areas where there has been a significant imbalance between buyers and sellers.

Maximum and minimum price of Japanese candlesticks: Indicators of areas of trade concentration.

Trend line: Tools that help identify dynamic barriers in price.

Simple Moving Average: An indicator that constantly adjusts and helps calculate support and resistance levels.

end of class 😁 , God bless you always 😃

Note: My posts are for informational purposes for general knowledge:

Dogecoin: The Meme Coin with a Notable History

What started as a joke transformed into one of the most well-known digital assets in the market. The combination of an active community and strong commitment on social media drives the success of Dogecoin. Elon Musk's backing significantly contributed to the price growth of Dogecoin, allowing many traders to benefit from its sudden jumps in value.
The value of Dogecoin fluctuates according to public perception and current online trends. The cryptocurrency can generate quick profits when the market is euphoric, but its sustained value remains uncertain. While several investors appreciate the fun nature of Dogecoin, others consider it an unreliable speculative investment rather than a safe financial tool.

What is the nonce and how is it linked to Bitcoin mining?

The nonce (from English number only used once), an essential component in the Bitcoin mining process, is a random 32-bit number that miners adjust to find a valid hash that meets the network's difficulty requirements.

Each block in the network contains a header that includes the nonce, the hash of the previous block, the Merkle root (which represents the transactions of the block), among other elements.

Miners repeatedly modify the nonce and apply the SHA-256 hash function (used in Bitcoin) to the block header until they obtain a result that is lower than the difficulty target, allowing the block to be accepted by the network. This process is part of the Proof of Work (PoW) mechanism, which secures the network and promotes the decentralization of Bitcoin.

Demands on the Treasury and Bessent for granting access to Musk's Doge cryptocurrency

The Department of the Treasury was accused of violating federal law by granting Elon Musk's team responsible for enforcing government efficiency access to a large amount of personal and financial information, setting the stage for a legal showdown over the Trump administration's flagship effort to reduce the size of government.

Labor groups, including the AFL-CIO and the Alliance for Retired Americans, claimed in a lawsuit filed on Monday that the Treasury and Scott Bessent, who heads the agency, had illegally allowed the records of their members to be shared with Musk's group known as Doge. President Donald Trump has put Musk in charge of an effort to modernize federal information technology.

Trump explained that Musk, the richest person in the world, does not have the power to stop payments by himself without approval, but was granted access to the Treasury's systems to monitor federal spending.