Terica Nyxc
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#BigTechStablecoin
Big Tech Stablecoin: The Dominance of Digital Giants in the Crypto World
Big Tech companies like Facebook (Meta), Google, and Amazon are starting to eye stablecoins as a tool for digital financial dominance. For example, Meta's Diem project aims to create a global stablecoin integrated with social media and e-commerce. With billions of users, its adoption potential is immense. However, such projects raise regulatory concerns regarding privacy, economic stability, and data monopolies. If successful, stablecoins from Big Tech could shake up the traditional financial system and accelerate the transition to a digital economy, but they also increase the risks of centralization in a world that is supposed to be decentralized.
Big Tech Stablecoin: The Dominance of Digital Giants in the Crypto World
Big Tech companies like Facebook (Meta), Google, and Amazon are starting to eye stablecoins as a tool for digital financial dominance. For example, Meta's Diem project aims to create a global stablecoin integrated with social media and e-commerce. With billions of users, its adoption potential is immense. However, such projects raise regulatory concerns regarding privacy, economic stability, and data monopolies. If successful, stablecoins from Big Tech could shake up the traditional financial system and accelerate the transition to a digital economy, but they also increase the risks of centralization in a world that is supposed to be decentralized.
WIFUSDC
Long
Closed
PNL (USDT)
-0.37
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#CryptoFees101
In the world of crypto, every transaction is not free. Crypto fees are the costs that users pay to process transactions on the blockchain network. These fees vary depending on the network—for example, Ethereum is known for its high gas fees, while Solana and Polygon offer low fees. There are two main types: network fee (paid to miners/validators) and platform fee (charged by exchanges). Understanding the fee structure is important to avoid wastage, especially when making small transactions. With the right strategy, you can save a lot just by choosing the right time and efficient network.
In the world of crypto, every transaction is not free. Crypto fees are the costs that users pay to process transactions on the blockchain network. These fees vary depending on the network—for example, Ethereum is known for its high gas fees, while Solana and Polygon offer low fees. There are two main types: network fee (paid to miners/validators) and platform fee (charged by exchanges). Understanding the fee structure is important to avoid wastage, especially when making small transactions. With the right strategy, you can save a lot just by choosing the right time and efficient network.
SUIUSDC
Long
Closed
PNL (USDT)
+0.52
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#Liquidity101
Liquidity is the ability of a crypto asset to be bought or sold without significantly affecting the market price. The higher the liquidity, the easier and faster transactions can be executed. Major pairs like BTC/USDC have high liquidity due to many active buyers and sellers. Conversely, small-cap assets often experience high slippage due to low liquidity. Smart traders always check the order book and daily volume before entering a position. Liquidity also affects spreads and exit risk. Without sufficient liquidity, large profits can turn into losses when there are no buyers. Remember: liquidity is the lifeblood of the market.
Liquidity is the ability of a crypto asset to be bought or sold without significantly affecting the market price. The higher the liquidity, the easier and faster transactions can be executed. Major pairs like BTC/USDC have high liquidity due to many active buyers and sellers. Conversely, small-cap assets often experience high slippage due to low liquidity. Smart traders always check the order book and daily volume before entering a position. Liquidity also affects spreads and exit risk. Without sufficient liquidity, large profits can turn into losses when there are no buyers. Remember: liquidity is the lifeblood of the market.
ETHFIUSDC
Long
Closed
PNL (USDT)
+0.04
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#TradingPairs101
In the crypto world, a trade pair is the basis of every transaction. For example, BTC/USDC means you are exchanging Bitcoin for the USDC stablecoin. Understanding trade pairs is important to avoid making mistakes—especially during volatile markets. Crypto pairs can be either crypto-to-crypto (like ETH/BTC) or crypto-to-fiat/stable (like SOL/USDC). The volume and liquidity of each pair also affect spreads and slippage. Beginner traders should focus on pairs that are liquid and stable, such as ETH/USDC or BTC/USDC. Remember, profit strategies start with choosing the right pairs, not just following trends.
In the crypto world, a trade pair is the basis of every transaction. For example, BTC/USDC means you are exchanging Bitcoin for the USDC stablecoin. Understanding trade pairs is important to avoid making mistakes—especially during volatile markets. Crypto pairs can be either crypto-to-crypto (like ETH/BTC) or crypto-to-fiat/stable (like SOL/USDC). The volume and liquidity of each pair also affect spreads and slippage. Beginner traders should focus on pairs that are liquid and stable, such as ETH/USDC or BTC/USDC. Remember, profit strategies start with choosing the right pairs, not just following trends.
BOMEUSDC
Short
Closed
PNL (USDT)
-0.46
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#CryptoSecurity101
In the ever-evolving world of crypto, security is the foundational pillar. CryptoSecurity 101 emphasizes the importance of using non-custodial wallets, two-factor authentication (2FA), and secure seed phrase management. Many beginners still store assets on exchanges without understanding the risks of theft or account freezing. Phishing attacks, malware, and smart contract exploits are becoming increasingly sophisticated. For maximum protection, use hardware wallets and avoid clicking on suspicious links. Remember, in a decentralized world: 'Not your keys, not your coins.' Education and awareness are the first steps in maintaining financial sovereignty through crypto.
In the ever-evolving world of crypto, security is the foundational pillar. CryptoSecurity 101 emphasizes the importance of using non-custodial wallets, two-factor authentication (2FA), and secure seed phrase management. Many beginners still store assets on exchanges without understanding the risks of theft or account freezing. Phishing attacks, malware, and smart contract exploits are becoming increasingly sophisticated. For maximum protection, use hardware wallets and avoid clicking on suspicious links. Remember, in a decentralized world: 'Not your keys, not your coins.' Education and awareness are the first steps in maintaining financial sovereignty through crypto.
ENAUSDC
Long
Closed
PNL (USDT)
-0.01
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#TrumpVsMusk
Today, the world is once again stirred by the latest feud between Donald Trump and Elon Musk. The rivalry between these two prominent figures has now expanded into the realm of free speech and digital influence. Trump, with his own social media platform, accuses Musk of dictating public opinion too much through X (formerly Twitter). Musk retaliates with sharp jabs about Trump's "old politics." This tension ignites a public debate about the limits of power held by technology and political figures in shaping global narratives. Who is right? The world continues to witness the clash between old power and new forces in shaping the future's opinion.
Today, the world is once again stirred by the latest feud between Donald Trump and Elon Musk. The rivalry between these two prominent figures has now expanded into the realm of free speech and digital influence. Trump, with his own social media platform, accuses Musk of dictating public opinion too much through X (formerly Twitter). Musk retaliates with sharp jabs about Trump's "old politics." This tension ignites a public debate about the limits of power held by technology and political figures in shaping global narratives. Who is right? The world continues to witness the clash between old power and new forces in shaping the future's opinion.
CRVUSDC
Long
Closed
PNL (USDT)
+0.26
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#OrderTypes101
In the trading world, understanding the types of orders is crucial for managing risk and strategy. A market order executes buy/sell directly at the market price. A limit order allows you to set a specific price, executed only when that price is reached. A stop order activates when the price touches a certain level, useful for cut-loss. The stop-limit combination adds further control. For experienced traders, a trailing stop locks in profits as the price rises. By understanding each type of order, traders can adjust their approach to market volatility, quick execution, or automatic capital protection. Choose the one that fits your strategy!
In the trading world, understanding the types of orders is crucial for managing risk and strategy. A market order executes buy/sell directly at the market price. A limit order allows you to set a specific price, executed only when that price is reached. A stop order activates when the price touches a certain level, useful for cut-loss. The stop-limit combination adds further control. For experienced traders, a trailing stop locks in profits as the price rises. By understanding each type of order, traders can adjust their approach to market volatility, quick execution, or automatic capital protection. Choose the one that fits your strategy!
ARBUSDC
Short
Closed
PNL (USDT)
+0.72
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#CEXvsDEX101
CEX vs DEX: Which One to Choose in Today's Crypto Market?
Today, the debate between centralized exchanges (CEX) and decentralized exchanges (DEX) is becoming increasingly relevant. CEXs like Binance and Coinbase excel in liquidity, execution speed, and ease of use. However, centralized control and the risk of fund custody are concerns. On the other hand, DEXs like Uniswap and dYdX offer privacy and full control over assets, although with the risks of high gas fees and a less user-friendly interface. With increasing global regulations and heightened security awareness, many traders are starting to consider migrating some assets to DEXs as a step towards diversification and self-protection.
CEX vs DEX: Which One to Choose in Today's Crypto Market?
Today, the debate between centralized exchanges (CEX) and decentralized exchanges (DEX) is becoming increasingly relevant. CEXs like Binance and Coinbase excel in liquidity, execution speed, and ease of use. However, centralized control and the risk of fund custody are concerns. On the other hand, DEXs like Uniswap and dYdX offer privacy and full control over assets, although with the risks of high gas fees and a less user-friendly interface. With increasing global regulations and heightened security awareness, many traders are starting to consider migrating some assets to DEXs as a step towards diversification and self-protection.
ETHFIUSDC
Long
Closed
PNL (USDT)
+4.70
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#TradingTypes101
Trading Types 101: Understanding Popular Trading Styles
In the world of trading, understanding various trading styles is crucial to align strategies with your goals and risk tolerance. Here are some common types of trading:
1. Day Trading: Opening and closing positions within a single day to take advantage of short-term price fluctuations.
2. Swing Trading: Holding positions for several days to weeks, relying on technical analysis to capture intermediate price movements.
3. Position Trading: Holding positions for the long term, focusing on market trends and fundamental analysis.
4. Scalping: Executing numerous transactions in one day to gain small profits from minimal price movements.
5. Momentum Trading: Following strong price trends and selling when momentum begins to weaken.
Choosing a trading style that fits your personality and schedule can enhance your chances of success in the market.
Trading Types 101: Understanding Popular Trading Styles
In the world of trading, understanding various trading styles is crucial to align strategies with your goals and risk tolerance. Here are some common types of trading:
1. Day Trading: Opening and closing positions within a single day to take advantage of short-term price fluctuations.
2. Swing Trading: Holding positions for several days to weeks, relying on technical analysis to capture intermediate price movements.
3. Position Trading: Holding positions for the long term, focusing on market trends and fundamental analysis.
4. Scalping: Executing numerous transactions in one day to gain small profits from minimal price movements.
5. Momentum Trading: Following strong price trends and selling when momentum begins to weaken.
Choosing a trading style that fits your personality and schedule can enhance your chances of success in the market.
CRVUSDC
Short
Closed
PNL (USDT)
+0.30
See original
#StablecoinPayments
$USDC $USDC F$FDUSD
Stablecoins continue to play a central role in the cryptocurrency market today. The total market capitalization of stablecoins reached around $242 billion, up nearly 20% since the beginning of the year. The market leader, Tether (USDT), maintains a value of $1 with a market cap of $149 billion and an increase in supply of 7 billion USDT in Q1. USDC from Circle received initial regulatory approval in Abu Dhabi, opening expansion in the Middle East. Legislative push in the US through the GENIUS Act strengthens investor confidence, evidenced by USDT reaching $1.003 and USDC $1.002 on May 1, 2025. The collaboration between Visa and Mastercard builds the onramp infrastructure for stablecoins, affirming the ongoing utility of these assets. These assets are increasingly trusted widely.
$USDC $USDC F$FDUSD
Stablecoins continue to play a central role in the cryptocurrency market today. The total market capitalization of stablecoins reached around $242 billion, up nearly 20% since the beginning of the year. The market leader, Tether (USDT), maintains a value of $1 with a market cap of $149 billion and an increase in supply of 7 billion USDT in Q1. USDC from Circle received initial regulatory approval in Abu Dhabi, opening expansion in the Middle East. Legislative push in the US through the GENIUS Act strengthens investor confidence, evidenced by USDT reaching $1.003 and USDC $1.002 on May 1, 2025. The collaboration between Visa and Mastercard builds the onramp infrastructure for stablecoins, affirming the ongoing utility of these assets. These assets are increasingly trusted widely.
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$USDC
The stability of USD Coin (USDC) prices has been maintained on May 1, 2025, with an average exchange rate of $0.999967 per coin. In the last 24 hours, USDC trading volume reached approximately $9.84 billion, reflecting high liquidity and market confidence. The current market capitalization of USDC is around $61.51 billion, affirming its role as one of the largest stablecoins in the world. Daily price movement is relatively flat, with fluctuations of less than 0.02%, consistent with USDC's characteristics as an asset designed to minimize volatility and maintain a 1:1 value against the US dollar.
The stability of USD Coin (USDC) prices has been maintained on May 1, 2025, with an average exchange rate of $0.999967 per coin. In the last 24 hours, USDC trading volume reached approximately $9.84 billion, reflecting high liquidity and market confidence. The current market capitalization of USDC is around $61.51 billion, affirming its role as one of the largest stablecoins in the world. Daily price movement is relatively flat, with fluctuations of less than 0.02%, consistent with USDC's characteristics as an asset designed to minimize volatility and maintain a 1:1 value against the US dollar.
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#AirdropSafetyGuide
Klik untuk meluncur ke airdrop
The Binance Futures Masters Arena is a bi-monthly competition on the Binance Futures platform, where traders collect stars through routine tasks and Battlefields to share a total prize pool of up to 450,000 USDT as well as token airdrops.
Before participating, make sure to understand the high risks in futures trading, including the potential for liquidation and losses due to leverage.
Use risk management such as stop-loss, limit position size, and pay attention to margin ratios to mitigate losses.
Always conduct research, use capital that you can afford to lose, and monitor official risk announcements on Binance Support to keep trading safe.
Trading with discipline and strategy will increase your chances of success while minimizing excessive risks.
Manage your emotions and learn advanced strategies before opening new positions.
Klik untuk meluncur ke airdrop
The Binance Futures Masters Arena is a bi-monthly competition on the Binance Futures platform, where traders collect stars through routine tasks and Battlefields to share a total prize pool of up to 450,000 USDT as well as token airdrops.
Before participating, make sure to understand the high risks in futures trading, including the potential for liquidation and losses due to leverage.
Use risk management such as stop-loss, limit position size, and pay attention to margin ratios to mitigate losses.
Always conduct research, use capital that you can afford to lose, and monitor official risk announcements on Binance Support to keep trading safe.
Trading with discipline and strategy will increase your chances of success while minimizing excessive risks.
Manage your emotions and learn advanced strategies before opening new positions.
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#AirdropStepByStep
2. How to Participate
1. Log into Your Binance Futures Account
Make sure you have a Futures account. If not, sign up and complete KYC.
2. Click “Join Now”
On the Futures Masters Arena campaign page, press the “Join Now” button to officially register.
3. Collect Stars
Complete regular tasks (Regular Tasks).
Participate in Battlefields and win battles.
4. Monitor Ranking
Check the “Masters Ranking” page to monitor your position and the target stars required.
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3. Token Airdrop Mechanism
3.1 Minimum Volume Requirement
To be eligible for the airdrop, participants must reach a minimum trading volume of 5,000 USDT on USDⓈ-M contracts during the campaign period.
Participants with a volume of 500 USDT are considered eligible for ranking calculation, but for the airdrop pool, a volume of ≥ 5,000 USDT is required.
3.2 Airdrop Distribution
The Airdrop Pool contains a specific number of tokens (e.g., BNB, KAVA, etc.) that will be distributed equally among all participants who meet the volume requirement.
3.3 Important Dates
Current Campaign Period: April 16, 2025, 00:00 UTC – May 31, 2025, 23:59 UTC.
Prize Distribution & Airdrop: Conducted after the closure of each round's campaign period and credited to each account.
2. How to Participate
1. Log into Your Binance Futures Account
Make sure you have a Futures account. If not, sign up and complete KYC.
2. Click “Join Now”
On the Futures Masters Arena campaign page, press the “Join Now” button to officially register.
3. Collect Stars
Complete regular tasks (Regular Tasks).
Participate in Battlefields and win battles.
4. Monitor Ranking
Check the “Masters Ranking” page to monitor your position and the target stars required.
---
3. Token Airdrop Mechanism
3.1 Minimum Volume Requirement
To be eligible for the airdrop, participants must reach a minimum trading volume of 5,000 USDT on USDⓈ-M contracts during the campaign period.
Participants with a volume of 500 USDT are considered eligible for ranking calculation, but for the airdrop pool, a volume of ≥ 5,000 USDT is required.
3.2 Airdrop Distribution
The Airdrop Pool contains a specific number of tokens (e.g., BNB, KAVA, etc.) that will be distributed equally among all participants who meet the volume requirement.
3.3 Important Dates
Current Campaign Period: April 16, 2025, 00:00 UTC – May 31, 2025, 23:59 UTC.
Prize Distribution & Airdrop: Conducted after the closure of each round's campaign period and credited to each account.
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#AirdropFinderGuide
The Binance Futures Masters Arena is a trading competition on the Binance Futures platform, where users compete to collect “stars” through regular tasks and “Battlefields” to gain a share of a total prize pool of up to 450,000 USDT and airdrops of several tokens. Each round lasts for two months, and besides the USDT prizes, participants with a minimum trading volume are also entitled to receive airdrop tokens distributed evenly from an additional airdrop pool.
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1. What is the Futures Masters Arena Campaign?
1.1 General Description
Star Competition
Participants collect “stars” by completing regular tasks (Regular Tasks) and participating in various battles in the “Battlefields” on the Futures Masters Arena page.
USDT Prizes
The total USDT prize pool can reach up to 450,000 USDT, which is distributed based on the final rankings of participants in each round.
Bi-Monthly Rounds
Each round of the campaign lasts for two months (for example, April 16–May 31, 2025) before prizes and rankings are distributed.
The Binance Futures Masters Arena is a trading competition on the Binance Futures platform, where users compete to collect “stars” through regular tasks and “Battlefields” to gain a share of a total prize pool of up to 450,000 USDT and airdrops of several tokens. Each round lasts for two months, and besides the USDT prizes, participants with a minimum trading volume are also entitled to receive airdrop tokens distributed evenly from an additional airdrop pool.
---
1. What is the Futures Masters Arena Campaign?
1.1 General Description
Star Competition
Participants collect “stars” by completing regular tasks (Regular Tasks) and participating in various battles in the “Battlefields” on the Futures Masters Arena page.
USDT Prizes
The total USDT prize pool can reach up to 450,000 USDT, which is distributed based on the final rankings of participants in each round.
Bi-Monthly Rounds
Each round of the campaign lasts for two months (for example, April 16–May 31, 2025) before prizes and rankings are distributed.
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#AltcoinETFsPostponed
The delay in the submission of altcoin ETFs has raised concerns among crypto investors. The Securities and Exchange Commission (SEC) has postponed its decision on ETF proposals involving various popular altcoins, including Ethereum and Solana. The main reason is the need for market data transparency and investor protection from price manipulation risks. This delay provides additional time for applicants to complete documentation requirements and enhance their compliance systems. However, some analysts believe that the delay could hinder institutional adoption of crypto and affect short-term market sentiment. Meanwhile, the altcoin community continues to develop technology with the hope that clearer regulations can significantly accelerate the growth of the ecosystem globally in the future.
The delay in the submission of altcoin ETFs has raised concerns among crypto investors. The Securities and Exchange Commission (SEC) has postponed its decision on ETF proposals involving various popular altcoins, including Ethereum and Solana. The main reason is the need for market data transparency and investor protection from price manipulation risks. This delay provides additional time for applicants to complete documentation requirements and enhance their compliance systems. However, some analysts believe that the delay could hinder institutional adoption of crypto and affect short-term market sentiment. Meanwhile, the altcoin community continues to develop technology with the hope that clearer regulations can significantly accelerate the growth of the ecosystem globally in the future.
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#Trump100Days
On April 29, 2025, President Donald Trump marked the 100-day milestone of his presidency with a series of major policies. On his first day, he signed 26 executive orders to dismantle regulations and prioritize national security. During this period, he claimed to have created 345,000 jobs, including 9,000 in the manufacturing sector. Efforts to tighten border security reportedly reduced illegal crossings by up to 95%. Trump also announced the U.S. withdrawal from the Paris Agreement and a freeze on diversity policies in federal agencies. Despite receiving support from some members of the House of Representatives, his actions sparked mass protests and legal challenges, reflecting deep polarization within the government and American society with widespread public reaction.
On April 29, 2025, President Donald Trump marked the 100-day milestone of his presidency with a series of major policies. On his first day, he signed 26 executive orders to dismantle regulations and prioritize national security. During this period, he claimed to have created 345,000 jobs, including 9,000 in the manufacturing sector. Efforts to tighten border security reportedly reduced illegal crossings by up to 95%. Trump also announced the U.S. withdrawal from the Paris Agreement and a freeze on diversity policies in federal agencies. Despite receiving support from some members of the House of Representatives, his actions sparked mass protests and legal challenges, reflecting deep polarization within the government and American society with widespread public reaction.
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$BTC
April 29, 2025, the price of Bitcoin (BTC) is trading at $94,177, down 0.74% compared to the previous close
. Intraday volatility shows a range of $94,173 to $95,444. High liquidity with a daily volume reaching $15.44 billion. Market sentiment turned negative after a $212 million sell order on Binance was canceled, triggering concerns of spoofing. Nevertheless, analysts at Standard Chartered estimate that BTC could break through $120,000 in the second quarter of 2025. On-chain data shows strong accumulation by whales. The push from ETF inflows supports short-term recovery. Technically, the relative strength index (RSI) is in neutral territory, opening up opportunities for consolidation before trend continuation
.
April 29, 2025, the price of Bitcoin (BTC) is trading at $94,177, down 0.74% compared to the previous close
. Intraday volatility shows a range of $94,173 to $95,444. High liquidity with a daily volume reaching $15.44 billion. Market sentiment turned negative after a $212 million sell order on Binance was canceled, triggering concerns of spoofing. Nevertheless, analysts at Standard Chartered estimate that BTC could break through $120,000 in the second quarter of 2025. On-chain data shows strong accumulation by whales. The push from ETF inflows supports short-term recovery. Technically, the relative strength index (RSI) is in neutral territory, opening up opportunities for consolidation before trend continuation
.
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#ArizonaBTCReserve $BTC
Arizona moves forward as the first US state to propose a Bitcoin reserve, after the parliament approved SB1025 and SB1373 on April 28, 2025. The bills allow for the allocation of up to 10% of public assets valued at $31.5 billion for investment in digital assets, including BTC. The Strategic Digital Asset Reserve Fund will manage seized crypto assets, ensuring transparency on the blockchain. This initiative is still awaiting approval from Governor Katie Hobbs before it officially takes effect. Supporters argue it could protect the state's asset value from inflation and promote the adoption of blockchain technology. If passed, Arizona is estimated to hold $3 billion in Bitcoin, making it a major holder in the US.
Arizona moves forward as the first US state to propose a Bitcoin reserve, after the parliament approved SB1025 and SB1373 on April 28, 2025. The bills allow for the allocation of up to 10% of public assets valued at $31.5 billion for investment in digital assets, including BTC. The Strategic Digital Asset Reserve Fund will manage seized crypto assets, ensuring transparency on the blockchain. This initiative is still awaiting approval from Governor Katie Hobbs before it officially takes effect. Supporters argue it could protect the state's asset value from inflation and promote the adoption of blockchain technology. If passed, Arizona is estimated to hold $3 billion in Bitcoin, making it a major holder in the US.
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#XRPETFs
The launch of the XRP futures ETF marks a crucial milestone in the evolution of digital financial products. This instrument provides structured exposure to XRP price dynamics without the need for direct token ownership. With the Ultra XRP ETF offering double leverage, along with Short and Ultra Short XRP ETFs for bearish positions, investors can flexibly capitalize on market fluctuations. The SEC regulation that endorses this product reflects institutional acceptance of crypto assets. Although based on futures contracts, this ETF offers high liquidity and price index transparency. As a result, institutional capital flows are expected to increase, while retail speculators gain a new portfolio diversification tool. The prospects for the XRP ETF appear promising amid a phase of massive global adoption.
The launch of the XRP futures ETF marks a crucial milestone in the evolution of digital financial products. This instrument provides structured exposure to XRP price dynamics without the need for direct token ownership. With the Ultra XRP ETF offering double leverage, along with Short and Ultra Short XRP ETFs for bearish positions, investors can flexibly capitalize on market fluctuations. The SEC regulation that endorses this product reflects institutional acceptance of crypto assets. Although based on futures contracts, this ETF offers high liquidity and price index transparency. As a result, institutional capital flows are expected to increase, while retail speculators gain a new portfolio diversification tool. The prospects for the XRP ETF appear promising amid a phase of massive global adoption.
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#TrumpTaxCuts
The tax cuts introduced by President Donald Trump in 2017 under the Tax Cuts and Jobs Act (TCJA) brought significant reforms to corporate and individual tax rates. The TCJA lowered the corporate rate from 35% to 21% and the top individual rate from 39.6% to 37%, as well as doubling the standard deduction and eliminating several itemized deductions. As a result, after-tax income surged significantly for the top 1% of earners, while the lower groups experienced a modest increase. This policy spurred capital investment but added to the federal deficit by trillions of dollars. As the benefits are set to expire in 2025, a debate has emerged between fiscal stability and ongoing economic stimulation.
The tax cuts introduced by President Donald Trump in 2017 under the Tax Cuts and Jobs Act (TCJA) brought significant reforms to corporate and individual tax rates. The TCJA lowered the corporate rate from 35% to 21% and the top individual rate from 39.6% to 37%, as well as doubling the standard deduction and eliminating several itemized deductions. As a result, after-tax income surged significantly for the top 1% of earners, while the lower groups experienced a modest increase. This policy spurred capital investment but added to the federal deficit by trillions of dollars. As the benefits are set to expire in 2025, a debate has emerged between fiscal stability and ongoing economic stimulation.
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