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OneBigbeautiful Bill
A look at the key items in Trump's 'big, beautiful bill'
Republican Senate leaders have released their latest version of the budget bill that is pivotal to US President Donald Trump's second-term agenda, as they scramble to corral backbench holdouts.
Their latest draft of the One Big Beautiful Bill Act, released in the early hours of Saturday, has some notable differences to the version passed by a single vote last month in the House of Representatives.
It includes increased cuts to Medicaid, while other aspects have been dropped or reworked to comply with Senate rules.
Republicans have been torn over how to fund many of the measure's proposed tax cuts, which the Congressional Budget Office estimates will bloat the federal debt by nearly $3tn (£2.34tn) over the next decade.
Senate Republicans are racing to pass the bill ahead of a self-imposed 4 July deadline in order to send it to Trump's desk for signing into law
Republican Senate leaders have released their latest version of the budget bill that is pivotal to US President Donald Trump's second-term agenda, as they scramble to corral backbench holdouts.
Their latest draft of the One Big Beautiful Bill Act, released in the early hours of Saturday, has some notable differences to the version passed by a single vote last month in the House of Representatives.
It includes increased cuts to Medicaid, while other aspects have been dropped or reworked to comply with Senate rules.
Republicans have been torn over how to fund many of the measure's proposed tax cuts, which the Congressional Budget Office estimates will bloat the federal debt by nearly $3tn (£2.34tn) over the next decade.
Senate Republicans are racing to pass the bill ahead of a self-imposed 4 July deadline in order to send it to Trump's desk for signing into law
#OneBigBeautifulBill
The One Big Beautiful Bill Act (OBBBA; OBBB), or the Big Beautiful Bill (BBB), is a proposed budget reconciliation bill in the 119th United States Congress. OBBBA passed the House of Representatives on May 22, 2025, in a largely party-line vote of 215–214–1.[1][2] An amended version passed the Senate on July 1, 2025, in another largely party-line 51–50 vote, with Vice President JD Vance casting the tie-breaking vote.
One Big Beautiful
OBBBA would extend the major provisions of the 2017 Tax Cuts and Jobs Act, which are set to expire at the end of 2025. It would reduce non-military government spending and would significantly cut spending on Medicaid and the Supplemental Nutrition Assistance Program (SNAP) through stricter eligibility requirements. It would also allocate an additional $150 billion for defense spending; scale back many of the Inflation Reduction Act's clean-energy tax credits; extend the state and local tax (SALT) deduction cap, which is also scheduled to expire in 2025; and increase the SALT deduction cap from $10,000 to $40,000.[3][4][5][6][7][8]
The Congressional Budget Office (CBO) has estimated that OBBBA would add $2.4 trillion to the national debt of the United States by 2034 and would cause 10.9 million Americans to lose health insurance coverage.[9][10][11][12][13][14] This number has been disputed by multiple GOP members, including House Speaker Mike Johnson and President Donald Trump. The CBO later raised the estimated increase in the budget deficit to $2.8 trillion.[15] Many experts argue that the bill would create the largest upward transfer of wealth from the poor to the rich in American history.[16][17][18][19] According to a Pew Research poll, 49% of Americans oppose the bill, 29% are in favor of the bill, and 21% are unsure.
The One Big Beautiful Bill Act (OBBBA; OBBB), or the Big Beautiful Bill (BBB), is a proposed budget reconciliation bill in the 119th United States Congress. OBBBA passed the House of Representatives on May 22, 2025, in a largely party-line vote of 215–214–1.[1][2] An amended version passed the Senate on July 1, 2025, in another largely party-line 51–50 vote, with Vice President JD Vance casting the tie-breaking vote.
One Big Beautiful
OBBBA would extend the major provisions of the 2017 Tax Cuts and Jobs Act, which are set to expire at the end of 2025. It would reduce non-military government spending and would significantly cut spending on Medicaid and the Supplemental Nutrition Assistance Program (SNAP) through stricter eligibility requirements. It would also allocate an additional $150 billion for defense spending; scale back many of the Inflation Reduction Act's clean-energy tax credits; extend the state and local tax (SALT) deduction cap, which is also scheduled to expire in 2025; and increase the SALT deduction cap from $10,000 to $40,000.[3][4][5][6][7][8]
The Congressional Budget Office (CBO) has estimated that OBBBA would add $2.4 trillion to the national debt of the United States by 2034 and would cause 10.9 million Americans to lose health insurance coverage.[9][10][11][12][13][14] This number has been disputed by multiple GOP members, including House Speaker Mike Johnson and President Donald Trump. The CBO later raised the estimated increase in the budget deficit to $2.8 trillion.[15] Many experts argue that the bill would create the largest upward transfer of wealth from the poor to the rich in American history.[16][17][18][19] According to a Pew Research poll, 49% of Americans oppose the bill, 29% are in favor of the bill, and 21% are unsure.
#TrumpVsMusk
Trump and Musk’s feud blows up again with threats of Doge and deportation
Donald Trump and Elon Musk’s feud reignited this week with the former political allies trading sharp public threats of retribution. The blowup, centered around Musk’s opposition to Trump’s signature tax bill as it moves through Congress, ends a period of rapprochement between two of the world’s most powerful men.
Musk posted escalating attacks against Trump’s sweeping spending bill on his social media platform X, calling the legislation “insane” and vowing to form a new political party if it passed late Monday. In response, Trump claimed he could “look into” deporting the South Africa-born billionaire, while also suggesting he could cut government subsidies for Musk’s companies or set the so-called “department of government efficiency” (Doge) on its former leader.
“Doge is the monster that might have to go back and eat Elon. Wouldn’t that be terrible?” Trump asked reporters on Tuesday.
Musk’s attempt to derail the tax bill was a major factor in his falling out with the president last month, and the Tesla CEO’s renewed offensive comes at a sensitive time as Trump seeks to shepherd the legislation through Congress. The fight could test Musk’s political influence over the Republican party as he seeks to peel away votes for the bill, as well as further deteriorate his once-close relationship with Trump.
Musk has repeatedly criticized the legislation Trump calls his “big, beautiful bill” for its potential to nullify the cuts to the federal government he made through Doge and for the likelihood it will add trillions to the national debt, which he has warned will “bankrupt America” and imperil his dream of reaching Mars. Musk, a top Republican megadonor, intensified his campaign in recent days with threats that he would form his own “America Party” and target lawmakers in upcoming elections who voted for the bill in 2026 primary elections.
Trump and Musk’s feud blows up again with threats of Doge and deportation
Donald Trump and Elon Musk’s feud reignited this week with the former political allies trading sharp public threats of retribution. The blowup, centered around Musk’s opposition to Trump’s signature tax bill as it moves through Congress, ends a period of rapprochement between two of the world’s most powerful men.
Musk posted escalating attacks against Trump’s sweeping spending bill on his social media platform X, calling the legislation “insane” and vowing to form a new political party if it passed late Monday. In response, Trump claimed he could “look into” deporting the South Africa-born billionaire, while also suggesting he could cut government subsidies for Musk’s companies or set the so-called “department of government efficiency” (Doge) on its former leader.
“Doge is the monster that might have to go back and eat Elon. Wouldn’t that be terrible?” Trump asked reporters on Tuesday.
Musk’s attempt to derail the tax bill was a major factor in his falling out with the president last month, and the Tesla CEO’s renewed offensive comes at a sensitive time as Trump seeks to shepherd the legislation through Congress. The fight could test Musk’s political influence over the Republican party as he seeks to peel away votes for the bill, as well as further deteriorate his once-close relationship with Trump.
Musk has repeatedly criticized the legislation Trump calls his “big, beautiful bill” for its potential to nullify the cuts to the federal government he made through Doge and for the likelihood it will add trillions to the national debt, which he has warned will “bankrupt America” and imperil his dream of reaching Mars. Musk, a top Republican megadonor, intensified his campaign in recent days with threats that he would form his own “America Party” and target lawmakers in upcoming elections who voted for the bill in 2026 primary elections.
#OneBigBeautifulBill
The One Big Beautiful Bill Act (OBBBA; OBBB), or the Big Beautiful Bill (BBB), is a proposed budget reconciliation bill in the 119th United States Congress. OBBBA passed the House of Representatives on May 22, 2025, in a largely party-line vote of 215–214–1.[1][2] An amended version passed the Senate on July 1, 2025, in another largely party-line 51–50 vote, with vice president JD Vance casting the tie-breaking vote.
The House-passed OBBBA would extend the major provisions of the 2017 Tax Cuts and Jobs Act, which are set to expire at the end of 2025. It would reduce non-military government spending and would significantly cut spending on Medicaid and the Supplemental Nutrition Assistance Program (SNAP) through stricter eligibility requirements. It would also allocate an additional $150 billion for defense spending; scale back many of the Inflation Reduction Act's clean-energy tax credits; extend the state and local tax (SALT) deduction cap, which is also scheduled to expire in 2025; and increase the SALT deduction cap from $10,000 to $40,000.[3][4][5][6][7][8]
The Congressional Budget Office (CBO) has estimated that OBBBA would add $2.4 trillion to the national debt of the United States by 2034 and would cause 10.9 million Americans to lose health insurance coverage.[9][10][11][12][13][14] This number has been disputed by multiple GOP members, including House Speaker Mike Johnson and President Donald Trump. The CBO later raised the estimated increase in the budget deficit to $2.8 trillion.[15] Many experts argue that the bill would create the largest upward transfer of wealth from the poor to the rich in American history.[16][17][18][19] According to a Pew Research poll, 49% of Americans oppose the bill, 29% are in favor of the bill, and 21% are unsure.[20]
The One Big Beautiful Bill Act (OBBBA; OBBB), or the Big Beautiful Bill (BBB), is a proposed budget reconciliation bill in the 119th United States Congress. OBBBA passed the House of Representatives on May 22, 2025, in a largely party-line vote of 215–214–1.[1][2] An amended version passed the Senate on July 1, 2025, in another largely party-line 51–50 vote, with vice president JD Vance casting the tie-breaking vote.
The House-passed OBBBA would extend the major provisions of the 2017 Tax Cuts and Jobs Act, which are set to expire at the end of 2025. It would reduce non-military government spending and would significantly cut spending on Medicaid and the Supplemental Nutrition Assistance Program (SNAP) through stricter eligibility requirements. It would also allocate an additional $150 billion for defense spending; scale back many of the Inflation Reduction Act's clean-energy tax credits; extend the state and local tax (SALT) deduction cap, which is also scheduled to expire in 2025; and increase the SALT deduction cap from $10,000 to $40,000.[3][4][5][6][7][8]
The Congressional Budget Office (CBO) has estimated that OBBBA would add $2.4 trillion to the national debt of the United States by 2034 and would cause 10.9 million Americans to lose health insurance coverage.[9][10][11][12][13][14] This number has been disputed by multiple GOP members, including House Speaker Mike Johnson and President Donald Trump. The CBO later raised the estimated increase in the budget deficit to $2.8 trillion.[15] Many experts argue that the bill would create the largest upward transfer of wealth from the poor to the rich in American history.[16][17][18][19] According to a Pew Research poll, 49% of Americans oppose the bill, 29% are in favor of the bill, and 21% are unsure.[20]
Bitcoin's Apparent Demand metric flipped negative, signaling a decrease in BTC demand compared to miners' supply.
The drop comes as Strategy announced it purchased 4,980 BTC for $531.9 million, marking eleven weeks of consecutive BTC acquisition.
Bitcoin investment products recorded $2.2 billion in weekly inflows, stretching their cumulative inflows in 2025 to $14.9 billion
ENUFXStreet
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Bitcoin demand drops despite Strategy's $530 million purchase and heavy inflows into BTC products
06/30/2025 20:40:26 GMT|ByMichael Ebiekutan
Bitcoin's Apparent Demand metric flipped negative, signaling a decrease in BTC demand compared to miners' supply.
The drop comes as Strategy announced it purchased 4,980 BTC for $531.9 million, marking eleven weeks of consecutive BTC acquisition.
Bitcoin investment products recorded $2.2 billion in weekly inflows, stretching their cumulative inflows in 2025 to $14.9 billion.
Bitcoin (BTC) trades above $107,000 on Monday as its Apparent Demand metric turned negative, highlighting waning buying pressure amid an increase in miners' supply. The drop in demand comes amid Strategy's (MSTR) continued BTC purchase, following the company's acquisition of 4,980 BTC for $531.9 million last week, which boosted its holdings near the 600,000 BTC milestone.
Bitcoin buying momentum fades amid rising institutional interest
Bitcoin's demand has slowed down in the past few days, following a shift in BTC's Apparent Demand metric to the negative side, according to a CryptoQuant report on Monday.
The Bitcoin Apparent Demand metric measures the difference between the amount of newly mined Bitcoin and the change in BTC's dormant supply. The decrease in this metric signals that new buyer demand for Bitcoin is yet to absorb the rising supply from miners and long-term holders' (LTHs) profit-taking.
The drop comes as Strategy announced it purchased 4,980 BTC for $531.9 million, marking eleven weeks of consecutive BTC acquisition.
Bitcoin investment products recorded $2.2 billion in weekly inflows, stretching their cumulative inflows in 2025 to $14.9 billion
ENUFXStreet
Log in
Bitcoin demand drops despite Strategy's $530 million purchase and heavy inflows into BTC products
06/30/2025 20:40:26 GMT|ByMichael Ebiekutan
Bitcoin's Apparent Demand metric flipped negative, signaling a decrease in BTC demand compared to miners' supply.
The drop comes as Strategy announced it purchased 4,980 BTC for $531.9 million, marking eleven weeks of consecutive BTC acquisition.
Bitcoin investment products recorded $2.2 billion in weekly inflows, stretching their cumulative inflows in 2025 to $14.9 billion.
Bitcoin (BTC) trades above $107,000 on Monday as its Apparent Demand metric turned negative, highlighting waning buying pressure amid an increase in miners' supply. The drop in demand comes amid Strategy's (MSTR) continued BTC purchase, following the company's acquisition of 4,980 BTC for $531.9 million last week, which boosted its holdings near the 600,000 BTC milestone.
Bitcoin buying momentum fades amid rising institutional interest
Bitcoin's demand has slowed down in the past few days, following a shift in BTC's Apparent Demand metric to the negative side, according to a CryptoQuant report on Monday.
The Bitcoin Apparent Demand metric measures the difference between the amount of newly mined Bitcoin and the change in BTC's dormant supply. The decrease in this metric signals that new buyer demand for Bitcoin is yet to absorb the rising supply from miners and long-term holders' (LTHs) profit-taking.
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Introdu...Rewards
Introducing Dymension (DYM) on BNSOL Super Stake: HODL BNSOL & DeFi BNSOL Assets to Get DYM APR Boost Airdrop Rewards
2025-06-30 05:00
This is a general announcement. Products and services referred to here may not be available in your region.
Binance is excited to announce the 10th project on BNSOL Super Stake with our Binance Token Partner - Dymension (DYM), a network of deployable and lightning fast modular blockchains called RollApps.
From 2025-07-01 00:00 (UTC) to 2025-08-08 23:59 (UTC), users who do the following will receive DYM APR Boost Airdrop Rewards:
Binance Account - Hold BNSOL or Stake SOL into BNSOL; or
Binance Wallet - Hold any of the DeFi BNSOL Assets in the below table:
Asset
Contract Address
Binance Staked SOL (BNSOL)
https://solscan.io/token/BNso1VUJnh4zcfpZa6986Ea66P6TCp59hvtNJ8b1X85
Solayer Binance SOL (sBNSOL)
https://solscan.io/token/bnsoLDvQ8EgtvU9SWdihfbPB7ynkeQQYTFoJERwycW7
Renzo Restaked BNSOL (bzSOL)
https://solscan.io/token/bzSoL4Ehh4AsaPdVD2ndkeHy9nmKnP8YRwVt3TfaJQq
These DYM APR Boost Airdrop Rewards are additional token airdrops given on top of the base APR from Binance SOL Staking, providing an extra boost of higher APR to users’ earnings.

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Announcement
Support Center
Announcement
Latest Binance News
Introdu...Rewards
Introducing Dymension (DYM) on BNSOL Super Stake: HODL BNSOL & DeFi BNSOL Assets to Get DYM APR Boost Airdrop Rewards
2025-06-30 05:00
This is a general announcement. Products and services referred to here may not be available in your region.
Binance is excited to announce the 10th project on BNSOL Super Stake with our Binance Token Partner - Dymension (DYM), a network of deployable and lightning fast modular blockchains called RollApps.
From 2025-07-01 00:00 (UTC) to 2025-08-08 23:59 (UTC), users who do the following will receive DYM APR Boost Airdrop Rewards:
Binance Account - Hold BNSOL or Stake SOL into BNSOL; or
Binance Wallet - Hold any of the DeFi BNSOL Assets in the below table:
Asset
Contract Address
Binance Staked SOL (BNSOL)
https://solscan.io/token/BNso1VUJnh4zcfpZa6986Ea66P6TCp59hvtNJ8b1X85
Solayer Binance SOL (sBNSOL)
https://solscan.io/token/bnsoLDvQ8EgtvU9SWdihfbPB7ynkeQQYTFoJERwycW7
Renzo Restaked BNSOL (bzSOL)
https://solscan.io/token/bzSoL4Ehh4AsaPdVD2ndkeHy9nmKnP8YRwVt3TfaJQq
These DYM APR Boost Airdrop Rewards are additional token airdrops given on top of the base APR from Binance SOL Staking, providing an extra boost of higher APR to users’ earnings.
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