Fahad HOLD Please
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#Binance $BNB
🇳🇬 Binance Faces $81.5 Billion Tax Evasion Case in Nigeria
A Nigerian judge has adjourned the tax evasion case against Binance, the world’s largest cryptocurrency exchange, to May 12, 2025. The Federal Inland Revenue Service (FIRS) seeks $79.5 billion in damages plus $2 billion in back taxes, alleging Binance's operations have contributed to Nigeria’s economic instability, particularly the depreciation of the naira.
The case was postponed to allow the court to consider a request by FIRS to serve court documents by email, due to Binance being registered offshore and lacking a physical office in Nigeria. The FIRS contends Binance’s local lawyers can receive court summons and criticizes the company’s opaque registration status. Meanwhile, Binance’s legal team argues that the FIRS did not follow proper legal procedures in serving the summons abroad.
Binance, whose executives were detained in 2024 amid the government’s crackdown on crypto platforms, has stated it is cooperating with authorities to resolve its historic tax obligations but has not responded to the latest allegations.
Source: Reuters
🇳🇬 Binance Faces $81.5 Billion Tax Evasion Case in Nigeria
A Nigerian judge has adjourned the tax evasion case against Binance, the world’s largest cryptocurrency exchange, to May 12, 2025. The Federal Inland Revenue Service (FIRS) seeks $79.5 billion in damages plus $2 billion in back taxes, alleging Binance's operations have contributed to Nigeria’s economic instability, particularly the depreciation of the naira.
The case was postponed to allow the court to consider a request by FIRS to serve court documents by email, due to Binance being registered offshore and lacking a physical office in Nigeria. The FIRS contends Binance’s local lawyers can receive court summons and criticizes the company’s opaque registration status. Meanwhile, Binance’s legal team argues that the FIRS did not follow proper legal procedures in serving the summons abroad.
Binance, whose executives were detained in 2024 amid the government’s crackdown on crypto platforms, has stated it is cooperating with authorities to resolve its historic tax obligations but has not responded to the latest allegations.
Source: Reuters
#USStablecoinBill #StrategicBTCReserve #MarketPullback
🇺🇸 Trump-Linked Stablecoin Powers $2B Binance Investment
A UAE government-backed fund, MGX, plans to use a cryptocurrency created by the Trump family's company, World Liberty Financial, to fund a $2 billion minority stake acquisition in Binance, the world's largest cryptocurrency exchange. The deal, revealed at the Token2049 crypto conference in Dubai by World Liberty co-founder Zach Witkoff and Eric Trump, will use the firm's USD1 stablecoin.
The transaction raises ethical concerns over potential conflicts of interest, especially as Binance is under U.S. federal oversight following an anti-money-laundering conviction in 2023. Binance’s founder, Changpeng Zhao, served four months in prison and is reportedly seeking a Trump pardon. The Trump family may financially benefit from the deal through interest earned on token deposits. Notably, some token buyers are foreign nationals barred from U.S. political contributions, raising further legal questions.
Eric Trump highlighted plans to integrate the cryptocurrency with Trump-branded properties in the UAE, while President Trump prepares for a state visit to Gulf nations.
Source: New York Post
$BTC
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$BNB
🇺🇸 Trump-Linked Stablecoin Powers $2B Binance Investment
A UAE government-backed fund, MGX, plans to use a cryptocurrency created by the Trump family's company, World Liberty Financial, to fund a $2 billion minority stake acquisition in Binance, the world's largest cryptocurrency exchange. The deal, revealed at the Token2049 crypto conference in Dubai by World Liberty co-founder Zach Witkoff and Eric Trump, will use the firm's USD1 stablecoin.
The transaction raises ethical concerns over potential conflicts of interest, especially as Binance is under U.S. federal oversight following an anti-money-laundering conviction in 2023. Binance’s founder, Changpeng Zhao, served four months in prison and is reportedly seeking a Trump pardon. The Trump family may financially benefit from the deal through interest earned on token deposits. Notably, some token buyers are foreign nationals barred from U.S. political contributions, raising further legal questions.
Eric Trump highlighted plans to integrate the cryptocurrency with Trump-branded properties in the UAE, while President Trump prepares for a state visit to Gulf nations.
Source: New York Post
$BTC
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$BNB
BREAKING: In a stunning reversal, Warren Buffett has announced a $100 billion investment into Bitcoin during his annual shareholder meeting—sending shockwaves through both Wall Street and the crypto world. Known for his past skepticism, Buffett’s move signals a dramatic shift in traditional finance sentiment.
Adding to the momentum, spot Bitcoin ETF volume soared past $2.8 billion today, reflecting a surge in institutional interest and renewed confidence in BTC’s long-term value.
Is this the beginning of a new Bitcoin era?
#BTC $BTC
Adding to the momentum, spot Bitcoin ETF volume soared past $2.8 billion today, reflecting a surge in institutional interest and renewed confidence in BTC’s long-term value.
Is this the beginning of a new Bitcoin era?
#BTC $BTC
Bitcoin price predictions for 2025 from major banks, hedge funds, and analysts, along with their reasoning. Here's a simple breakdown:
Most experts expect Bitcoin to hit $150K–$250K, with more bullish views (like BlackRock’s) going as high as $700K. Their views are based on factors like institutional adoption, halving cycles, demand shocks, and BTC as a hedge against economic instability.
Top BTC Price Predictions for 2025: #StrategicBTCReserve #BTC #HoldForGold
Most experts expect Bitcoin to hit $150K–$250K, with more bullish views (like BlackRock’s) going as high as $700K. Their views are based on factors like institutional adoption, halving cycles, demand shocks, and BTC as a hedge against economic instability.
Top BTC Price Predictions for 2025: #StrategicBTCReserve #BTC #HoldForGold
🚀 Michael Saylor's Bitcoin Bet: A Strategic Move or Market Signal?
Michael Saylor's company, Strategy (formerly MicroStrategy), has once again made headlines by acquiring an additional 3,459 BTC for approximately $285.8 million at an average price of $82,618 per coin. This brings their total holdings to 531,644 BTC, purchased at an average of $67,556 per BTC, amounting to a total investment of around $35.92 billion .
📈 Bitcoin's Current Performance:
Current Price: ~$95,917
Recent Surge: Up approximately 30% from April lows, nearing the psychological $100,000 mark .
Saylor's aggressive accumulation strategy underscores a strong belief in Bitcoin's long-term value. With Bitcoin's price rebounding and approaching new highs, is this the momentum you've been waiting for?
🔍 Considerations:
Institutional interest is growing, with companies like Strategy leading the charge.
Market indicators suggest bullish momentum, but always conduct your own research.
💬 Join the Conversation: What are your thoughts on Saylor's latest purchase? Do y#ou see this as a bullish signal for Bitcoin's future?
#SaylorBTCPurchase #Bitcoin #Crptocurrency #BinanceHODLerSTO $BTC
Feel free to customize this post to better fit your audience's preferences or to highlight specific aspects you find most compelling.
Michael Saylor's company, Strategy (formerly MicroStrategy), has once again made headlines by acquiring an additional 3,459 BTC for approximately $285.8 million at an average price of $82,618 per coin. This brings their total holdings to 531,644 BTC, purchased at an average of $67,556 per BTC, amounting to a total investment of around $35.92 billion .
📈 Bitcoin's Current Performance:
Current Price: ~$95,917
Recent Surge: Up approximately 30% from April lows, nearing the psychological $100,000 mark .
Saylor's aggressive accumulation strategy underscores a strong belief in Bitcoin's long-term value. With Bitcoin's price rebounding and approaching new highs, is this the momentum you've been waiting for?
🔍 Considerations:
Institutional interest is growing, with companies like Strategy leading the charge.
Market indicators suggest bullish momentum, but always conduct your own research.
💬 Join the Conversation: What are your thoughts on Saylor's latest purchase? Do y#ou see this as a bullish signal for Bitcoin's future?
#SaylorBTCPurchase #Bitcoin #Crptocurrency #BinanceHODLerSTO $BTC
Feel free to customize this post to better fit your audience's preferences or to highlight specific aspects you find most compelling.
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