DjeanEcheverria
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Trump's Victory Over China?
China has been making exemptions on certain products such as microchips, aerospace parts, and even vaccines, possibly to alleviate the economic impact of the trade war that has been escalating for years. This is not a public announcement from Beijing, rather a discreet move, which smells like a strategy not to appear as if they are conceding too much to Trump's pressure.
This could be a point in favor of Trump, who has been playing hard with tariffs since his first term. If China is conceding, it means that the pressure tactics are working, at least in part, and American companies that export to China (technology and aviation) could see relief in costs, which is an economic victory.
This could be a point in favor of Trump, who has been playing hard with tariffs since his first term. If China is conceding, it means that the pressure tactics are working, at least in part, and American companies that export to China (technology and aviation) could see relief in costs, which is an economic victory.
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A power outage affected a large part of Spain, France, and Portugal, including cities like Madrid, Barcelona, and Lisbon. According to PowerOutage.com, about 4,761 people were left without electricity out of 12.6 million monitored, an impact of 0.04%.
However, reports indicate that it was more widespread, causing interruptions in subway services, traffic lights, and telephone services.
There is controversy: some say it was massive, while others claim it was brief or localized. The Electric Network is working to restore the service, but the exact magnitude remains unclear.
However, reports indicate that it was more widespread, causing interruptions in subway services, traffic lights, and telephone services.
There is controversy: some say it was massive, while others claim it was brief or localized. The Electric Network is working to restore the service, but the exact magnitude remains unclear.
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From panic to FOMO in 74 minutes 😱
Today, Sunday, President Donald Trump wrote through his account on Truth Social:
"A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Task Force to advance a Strategic Crypto Reserve that includes XRP, SOL, and ADA. I will ensure that the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!"
"A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Task Force to advance a Strategic Crypto Reserve that includes XRP, SOL, and ADA. I will ensure that the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!"
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Donald Trump names XRP, SOL, and ADA, but not BTC, as part of the U.S. Crypto reserve.
The President of the United States, Donald Trump, named XRP, Solana (SOL), and Cardano (ADA) as three assets to be included in a strategic Crypto reserve.
Bitcoin (BTC) and Ethereum (ETH), the two largest digital assets by market capitalization, were not included. Trump made the announcement on Truth Social, his social media platform.
"A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, so my Executive Order on Digital Assets directed the Presidential Working Group to advance a Strategic Crypto Reserve that includes XRP, SOL, and ADA," the post read. "I will ensure that the U.S. is the Crypto Capital of the World. WE ARE MAKING AMERICA GREAT AGAIN!"
Bitcoin (BTC) and Ethereum (ETH), the two largest digital assets by market capitalization, were not included. Trump made the announcement on Truth Social, his social media platform.
"A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, so my Executive Order on Digital Assets directed the Presidential Working Group to advance a Strategic Crypto Reserve that includes XRP, SOL, and ADA," the post read. "I will ensure that the U.S. is the Crypto Capital of the World. WE ARE MAKING AMERICA GREAT AGAIN!"
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You have to be insane to place your cryptoassets that provide limitless financial freedom in the hands of a socialist narcotyranny that persecutes, imprisons, and kills you.
$BTC
Sunacrip continues to operate despite corruption scandal in Pdvsa-Crypto
The corruption case known as Pdvsa-Crypto, which involved the diversion of funds from the sale of oil through cryptocurrencies, left a shortfall exceeding 20 billion dollars, some of which were converted into bitcoins. This scandal, from Venezuela, led the Executive to appoint a restructuring board to oversee the
National Superintendence of Cryptoassets (Sunacrip), the entity in charge of regulating the cryptocurrency sector.
Despite the impact of the case and the prolonged silence of Sunacrip, it never stopped functioning. This was affirmed by Ruíz, under the direction of Anabel Pereira Fernández, leader of the restructuring board of Sunacrip and current Minister of Finance of Venezuela.
"Crixto is regulated by Sunacrip"
Currently, the superintendence is under a restructuring board, and it is to them that we report our operations,” explained Ruíz. He also revealed that there is a second company that also has the endorsement of the restructuring board, suggesting an effort to regulate and reactivate the sector.
Despite these advances, the Pdvsa-Crypto scandal remains a shadow over the cryptocurrency industry in Venezuela.
The shortfall, which directly affected the oil business, one of the economic pillars of the country, has generated distrust and highlighted the need for greater transparency and control in the use of cryptoassets.
Nevertheless, there are signs of a possible resurgence of the crypto ecosystem in Venezuela.
The formal relationship between banks and companies in the sector, which benefits more than 15,000 active users, along with recent actions by the authorities, point towards a revitalization of the industry. However, regulatory uncertainty and the aftermath of the Pdvsa-Crypto case remain significant obstacles that must be addressed for the sector to fully recover.
#venezuela #MemesNotSecurity
Sunacrip continues to operate despite corruption scandal in Pdvsa-Crypto
The corruption case known as Pdvsa-Crypto, which involved the diversion of funds from the sale of oil through cryptocurrencies, left a shortfall exceeding 20 billion dollars, some of which were converted into bitcoins. This scandal, from Venezuela, led the Executive to appoint a restructuring board to oversee the
National Superintendence of Cryptoassets (Sunacrip), the entity in charge of regulating the cryptocurrency sector.
Despite the impact of the case and the prolonged silence of Sunacrip, it never stopped functioning. This was affirmed by Ruíz, under the direction of Anabel Pereira Fernández, leader of the restructuring board of Sunacrip and current Minister of Finance of Venezuela.
"Crixto is regulated by Sunacrip"
Currently, the superintendence is under a restructuring board, and it is to them that we report our operations,” explained Ruíz. He also revealed that there is a second company that also has the endorsement of the restructuring board, suggesting an effort to regulate and reactivate the sector.
Despite these advances, the Pdvsa-Crypto scandal remains a shadow over the cryptocurrency industry in Venezuela.
The shortfall, which directly affected the oil business, one of the economic pillars of the country, has generated distrust and highlighted the need for greater transparency and control in the use of cryptoassets.
Nevertheless, there are signs of a possible resurgence of the crypto ecosystem in Venezuela.
The formal relationship between banks and companies in the sector, which benefits more than 15,000 active users, along with recent actions by the authorities, point towards a revitalization of the industry. However, regulatory uncertainty and the aftermath of the Pdvsa-Crypto case remain significant obstacles that must be addressed for the sector to fully recover.
#venezuela #MemesNotSecurity
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