In a recent interview with CBS Newsā Nora OāDonnell, legendary investor Warren Buffett criticized President Donald Trumpās tariffs, calling them an additional tax on goods. Buffett argued that while tariffs may appear to target foreign companies, itās ultimately U.S. consumers who bear the cost as businesses pass on price increases.
Trump has announced new tariffs set to take effect on March 4, imposing a 25% duty on imports from Mexico and Canada and a 10% tariff on Chinese goods. In addition, the president has launched a national security investigation into Canadian lumber, which could lead to further trade restrictions and tensions.
Buffett, who rarely comments on politics, didnāt hold back on the topic, even comparing tariffs to an act of war. āWe have a lot of experience with tariffs. Over time, they become a tax on goods,ā he said with a laugh, emphasizing that the key question in economics is always: āWhat happens next?ā
While Trump remains firm on his trade policies, China is already preparing to retaliate. Meanwhile, the stock market is showing signs of straināthe S&P 500 is up only 1% this year. Buffett himself has been selling stocks and building cash reserves at Berkshire Hathaway, a move some investors interpret as preparation for a market downturn. Others believe he is positioning the company to capitalize on future opportunities.
When asked directly about the economy, Buffett sidestepped the question with a laugh, saying, āI canāt talk about it. I really canāt.ā
šØ **Is Binance Still Holding Back on $PI Listing?** š¤
Even with **202,547 votes (87.1% in favor)**, Binance is still **reviewing** #PiNetworkās listing, citing: ā **Roadmap** ā **Technology** ā **Community Strength** ā **Project Quality**
Yet, **Trump Coin** was listed in just **24 hours**āraising serious concerns. š¤Ø
Changpeng Zhao (CZ) has unveiled a **game-changing Token Model** that could redefine the crypto landscape!
### š” **Key Highlights:** ā **Limited Initial Supply** ā Only **10%** of the total token supply is available at launch. ā **Utility-Driven Economy** ā Emphasizing **real-world use cases** over speculation. ā **Sustainable Growth** ā Designed to prevent **pump & dump** schemes. ā **Transparent & Community-Focused** ā Ensuring fairness and long-term stability.
This innovative approach aims to **protect investors** while fostering a **stronger, utility-based crypto ecosystem**! šŖš
šØš MAJOR ALTCOIN UPDATE FROM CZ BINANCE! šØ
Changpeng "CZ" Zhao, co-founder of Binance, has introduced a groundbreaking token issuance model designed to enhance fairness and safeguard retail investors in the crypto market. Key highlights of his proposal include:
ā **Limited Initial Supply** ā Only **10% of the total token supply** will be available at launch, helping to maintain price stability. ā **Conditional Unlocks** ā Additional unlocks (max **5% at a time**) will only occur if the token price **doubles** the previous unlock price and sustains it for **30 consecutive days**. ā **Third-Party Oversight** ā A **neutral monitoring entity** will assess token performance to determine whether further unlocks should proceed. ā **Investor Protection** ā If the token underperforms, unlocks will halt, minimizing risks for retail investors.
Ella Zhang, head of **YZi Labs** (formerly Binance Labs), has backed CZās proposal, inviting developers to apply for **priority review** if they adopt this model.
This initiative could transform token launches, ensuring sustainable growth while better aligning project success with investor protection.
The crypto market saw intense fluctuations this week! Bitcoin initially surged toward $100,000 following the Bybit hack but quickly pulled back. However, BTC rebounded sharply, recovering $7,000 from its $78,000 low and now stabilizing around $85,000.
Altcoins are also on the rise! Ethereum gained 5%, surpassing $2,200, while BNB climbed 4% to approach $600. Ripple defended the $2 level and jumped 8% to $2.17. SOL, DOGE, ADA, and other altcoins are also showing strong momentum! š
#Binance #BNB_Market_Update #bnb #BNBToken $BNB BNB (Binance Coin) is the native cryptocurrency of the Binance ecosystem. It was originally created as an ERC-20 token on the Ethereum blockchain but later migrated to Binanceās own blockchain, Binance Chain, and later Binance Smart Chain (now BNB Chain).
### **Uses of BNB in Binance** 1. **Trading Fee Discounts** ā Users can pay Binance trading fees with BNB to get discounts. 2. **Transaction Fees** ā It is used for gas fees on the BNB Chain. 3. **Token Sales** ā Used in Binance Launchpad for participating in new token sales. 4. **Payments & Services** ā Can be used for online purchases, travel bookings, and more. 5. **Staking & DeFi** ā Used in decentralized finance (DeFi) applications, staking, and liquidity pools.
BNB has a **burning mechanism**, where Binance periodically burns (destroys) a portion of BNB to reduce supply and increase its value over time. $BNB
**š Claim Your Free SHIB on Binance! š„š**
Want to grab some free **Shiba Inu ($SHIB)** on Binance? Follow these simple steps and start stacking your tokens today! š°š
### ā **How to Claim SHIB on Binance:** 1ļøā£ **Log in to Binance** ā Open the app or visit [Binance.com](https://www.binance.com) 2ļøā£ **Go to Rewards Center** ā Click on your profile and find "Rewards" š 3ļøā£ **Check for SHIB Offers** ā Look for any ongoing promotions or airdrops š§ 4ļøā£ **Complete Tasks** ā Some offers require trading, referrals, or simple clicks š±ļø 5ļøā£ **Claim Your SHIB!** ā Once eligible, your free SHIB will be credited to your account š„
š” **Pro Tip:** Keep an eye on Binance promotions! They often give away SHIB and other cryptos for completing simple tasks.
Are you claiming your free SHIB today? Let us know in the comments! ā¬ļøš„ #shibaā” #SHİB $BTC $ETH $SOL
š¢ **12.5 million $PI** will be unlocked **TOMORROW (March 3)!** šš š„ **91,000 Pioneers** will gain access to their unlocked Pi in their wallets! š šØ This is the **largest unlock since listing**, which could lead to increased selling pressure! šš„
š” **Advice for Pioneers:** Consider holding your Pi! Donāt let short-term price swings shake you out. šŖ
Whatās your moveāHODL or sell? Drop your thoughts below! š¬
Trump Proposes U.S. Crypto Reserve, Highlights $XRP, $ADA, and $SOL š**
Former President Donald Trump has announced plans for a **U.S. Crypto Reserve**, emphasizing the importance of digital assets in strengthening the industry after what he calls āyears of corrupt attacksā by the current administration.
In his latest statement, Trump revealed that his **Executive Order on Digital Assets** directs the **Presidential Working Group** to advance a **Crypto Strategic Reserve**, including **$XRP, $SOL, and $ADA**.
*"I will ensure the U.S. becomes the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!"* Trump declared.
Which of these assets do you think has the **strongest long-term potential** based on **utility and adoption**? Share your thoughts! š $ETH #BinanceAlphaAlert #TraderProfile