Binance Square

El gordito75

Open Trade
Occasional Trader
4 Days
14 Following
63 Followers
100 Liked
16 Shared
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Portfolio
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vamos con todo!
vamos con todo!
Vibras
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Hecho
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Earn money on Binance without trading? How?Do you know how to earn daily on Binance without trading? Many people think earnings on Binance only come from buying and selling, but the truth is you can generate daily income through the Share and Earn program on Binance Square. All you have to do is post useful and engaging content, and with each view or interaction (like, comment), your earnings increase. Earnings vary according to several factors: _Number of views. _Interaction power.

Earn money on Binance without trading? How?

Do you know how to earn daily on Binance without trading?
Many people think earnings on Binance only come from buying and selling, but the truth is you can generate daily income through the Share and Earn program on Binance Square.
All you have to do is post useful and engaging content, and with each view or interaction (like, comment), your earnings increase.
Earnings vary according to several factors:
_Number of views.
_Interaction power.
para ti !BPT69N0FFJ
para ti !BPT69N0FFJ
El gordito75
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Bullish
#BTCBreaksATH
It's crazy, bitcoin breaks historical highs and reaches 115k dollars, a great option to combat the galloping inflation that deteriorates our income day by day. Venezuelans have learned to adopt digital money to the point that it is no longer a taboo, and there are many businesses where you can exchange #Dash #btc #usdt #ltc #tron #doge and many more.
esto es por seguirme BPT69N0FFJ
esto es por seguirme BPT69N0FFJ
User- DOSS
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let's get to work, folks 🙌🏻🙌🏻
this si for You BPT69N0FFJ follow me please
this si for You BPT69N0FFJ follow me please
Pençe
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win!
Translate
BPT69N0FFJ reclama es te sobre rojo y me sigues por favor
BPT69N0FFJ reclama es te sobre rojo y me sigues por favor
Raynnier
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Holaa
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Bullish
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#BTCBreaksATH It's crazy, bitcoin breaks historical highs and reaches 115k dollars, a great option to combat the galloping inflation that deteriorates our income day by day. Venezuelans have learned to adopt digital money to the point that it is no longer a taboo, and there are many businesses where you can exchange #Dash #btc #usdt #ltc #tron #doge and many more.
#BTCBreaksATH
It's crazy, bitcoin breaks historical highs and reaches 115k dollars, a great option to combat the galloping inflation that deteriorates our income day by day. Venezuelans have learned to adopt digital money to the point that it is no longer a taboo, and there are many businesses where you can exchange #Dash #btc #usdt #ltc #tron #doge and many more.
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You enter p2p and the platform guides you step by step, you just need to be careful with the very high purchase prices
You enter p2p and the platform guides you step by step, you just need to be careful with the very high purchase prices
Ismael y-
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How do I add mobile payment to receive bs
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ATTENTIVE VENEZUELAN!!! #sol SOLANA SMILES AT YOU! TAKE ADVANTAGE AND BINANCE OFFERS YOU STAKING WITH AN APR OF 6.9%Solana (SOL) has burst into the public spotlight, trading at $163.77 with a gain of 4.5% and securing its place as the 6th largest cryptocurrency by market capitalization ($87.9B). This momentum reflects growing institutional confidence in its high-speed blockchain and scalable infrastructure. Key Factors of Institutional Interest The Solana ecosystem is gaining momentum thanks to strategic moves. The partnership with Bullish Exchange and the Solana Foundation aims to incorporate institutional-grade stablecoins for operations, signaling an initiative toward regulated financial products. Meanwhile, the SSK ETF (Solana Staking ETF) attracted $40M in inflows, while companies like DeFi Development Corp accumulated 846,630 SOL tokens, demonstrating corporate appetite. In the derivatives markets, Solana futures on CME Group reached a trading volume of $4B, with large traders buying over 300,000 SOL in recent sessions. Implications and Trading Opportunities Technical indicators suggest bullish momentum. SOL surpassed the resistance of $159 and maintains support at $143–$149, while the long/short ratio of 3:1 highlights sustained buying pressure. Analysts project a range of $180–$400 for 2025, with Raoul Pal from Real Vision forecasting a 20x surge if adoption accelerates. Traders might consider taking advantage of the Binance futures market or monitoring the volatility associated with the ETF.

ATTENTIVE VENEZUELAN!!! #sol SOLANA SMILES AT YOU! TAKE ADVANTAGE AND BINANCE OFFERS YOU STAKING WITH AN APR OF 6.9%

Solana (SOL) has burst into the public spotlight, trading at $163.77 with a gain of 4.5% and securing its place as the 6th largest cryptocurrency by market capitalization ($87.9B). This momentum reflects growing institutional confidence in its high-speed blockchain and scalable infrastructure. Key Factors of Institutional Interest The Solana ecosystem is gaining momentum thanks to strategic moves. The partnership with Bullish Exchange and the Solana Foundation aims to incorporate institutional-grade stablecoins for operations, signaling an initiative toward regulated financial products. Meanwhile, the SSK ETF (Solana Staking ETF) attracted $40M in inflows, while companies like DeFi Development Corp accumulated 846,630 SOL tokens, demonstrating corporate appetite. In the derivatives markets, Solana futures on CME Group reached a trading volume of $4B, with large traders buying over 300,000 SOL in recent sessions. Implications and Trading Opportunities Technical indicators suggest bullish momentum. SOL surpassed the resistance of $159 and maintains support at $143–$149, while the long/short ratio of 3:1 highlights sustained buying pressure. Analysts project a range of $180–$400 for 2025, with Raoul Pal from Real Vision forecasting a 20x surge if adoption accelerates. Traders might consider taking advantage of the Binance futures market or monitoring the volatility associated with the ETF.
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How can you convert your cryptocurrencies into Fiat or real money in Venezuela?Venezuela has had a complex relationship with cryptocurrencies, with regulations that have evolved over time. It is essential to stay informed about the latest regulations to avoid legal issues. General Legal Framework: * Constituent Decree on Cryptoassets and the Sovereign Cryptocurrency Petro (2018): This decree is the main legal framework governing the creation, circulation, use, and exchange of cryptoassets in Venezuela. It establishes the legality of cryptocurrencies and empowers the National Executive to regulate them.

How can you convert your cryptocurrencies into Fiat or real money in Venezuela?

Venezuela has had a complex relationship with cryptocurrencies, with regulations that have evolved over time. It is essential to stay informed about the latest regulations to avoid legal issues.
General Legal Framework:
* Constituent Decree on Cryptoassets and the Sovereign Cryptocurrency Petro (2018): This decree is the main legal framework governing the creation, circulation, use, and exchange of cryptoassets in Venezuela. It establishes the legality of cryptocurrencies and empowers the National Executive to regulate them.
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Bearish
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$BTC is going down to 109
$BTC is going down to 109
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#HODLTradingStrategy What is "holding"? "Holding" is a term from the financial and crypto sphere, derived from the English "to hold". It means to keep a financial asset, such as a cryptocurrency or a stock, for an extended period, regardless of short-term market fluctuations. The holding strategy is based on the belief that the asset's value will increase significantly over time. "Hodlers" (those who hold) ignore temporary drops and avoid selling in a panic, betting on future appreciation. It is a popular strategy among long-term investors looking to maximize profits and minimize the stress of frequent trading.
#HODLTradingStrategy
What is "holding"?
"Holding" is a term from the financial and crypto sphere, derived from the English "to hold". It means to keep a financial asset, such as a cryptocurrency or a stock, for an extended period, regardless of short-term market fluctuations.
The holding strategy is based on the belief that the asset's value will increase significantly over time. "Hodlers" (those who hold) ignore temporary drops and avoid selling in a panic, betting on future appreciation. It is a popular strategy among long-term investors looking to maximize profits and minimize the stress of frequent trading.
A "Spot vs. Futures Strategy"#SpotVSFuturesStrategy A "Spot vs. Futures Strategy" generally refers to trading approaches that leverage the differences between the spot price and the futures price of an asset. Here's a breakdown of what that entails: 1. Understanding Spot and Futures Markets: * Spot Market: This is where assets (like commodities, stocks, or cryptocurrencies) are bought and sold for immediate delivery at the current market price, known as the "spot price." When you buy on the spot market, you take immediate ownership of the asset. * Futures Market: This market involves contracts to buy or sell an asset at a predetermined price on a specific future date. You don't take immediate ownership of the asset. Instead, you're speculating on its future price movement or hedging against price changes. Futures contracts have expiration dates and often involve leverage. 2. Key Differences that Create Strategy Opportunities: * Price Discrepancies: The spot price reflects current supply and demand, while the futures price incorporates factors like: * Cost of Carry: Storage costs, insurance, and interest rates for holding the asset until the futures expiration. * Supply and Demand Expectations: Anticipated future market conditions. * Time to Expiration: As the futures contract approaches its expiration date, its price tends to converge with the spot price. * Leverage (Futures): Futures trading often allows for significant leverage, meaning you can control a larger position with a smaller amount of capital. This amplifies both potential gains and losses. * Ownership (Spot) vs. Contract (Futures): Spot trading gives you direct ownership, while futures trading is based on a contract. * Risk Profile: Spot trading is generally considered less risky as there's no leverage involved and you own the underlying asset. Futures trading, with its leverage, carries higher risk and complexity. 3. Common Spot vs. Futures Strategies: The most prominent strategy leveraging the spot and futures markets is arbitrage. * Cash-and-Carry Arbitrage (or Basis Trading): This is a relatively low-risk strategy that exploits temporary price discrepancies between the spot price and the futures price of an asset. * How it works: * If the futures price is significantly higher than the spot price (known as "contango"), you would buy the asset in the spot market and simultaneously sell a futures contract for the same asset. * You hold the spot asset until the futures contract expires. As the expiration date approaches, the futures price converges with the spot price. * At expiration, you deliver the spot asset to fulfill the futures contract, locking in the profit from the initial price difference (minus any carrying costs). * Conditions for Profit: The difference between the futures price and the spot price must be greater than the cost of carrying the asset (storage, insurance, interest on borrowed funds). * Reverse Cash-and-Carry: This is the opposite, used when the futures price is lower than the spot price (known as "backwardation"). You would sell the asset in the spot market and buy a futures contract, profiting from the convergence as prices normalize. * Hedging: Futures contracts are widely used to hedge against price fluctuations in an underlying asset that you own or plan to acquire. * Example: If you are a farmer who expects to harvest corn in three months, you can sell a corn futures contract today to lock in a price for your future harvest, protecting yourself from a potential drop in spot corn prices. * Example (Investor): If you hold a significant position in a stock and are concerned about a short-term market downturn, you could short a futures contract on that stock or a relevant index to offset potential losses in your spot portfolio. * Speculation: Both spot and futures markets can be used for speculation, but futures offer the advantage of leverage. * Directional Betting: If you believe an asset's price will rise, you can buy it on the spot market or buy a futures contract. If you believe it will fall, you can sell it on the spot market (if short-selling is allowed) or sell a futures contract. Futures allow you to profit from both rising and falling markets with less initial capital. * Calendar Spreads: This involves simultaneously buying one futures contract and selling another futures contract on the same underlying asset but with different expiration dates. Traders use this to profit from expected changes in the price relationship between different contract months. 4. Implementing a Spot vs. Futures Strategy: * Understand the Asset: Research the underlying asset (commodity, stock, crypto) and its market dynamics. * Choose Your Brokerage/Exchange: Ensure your platform offers both spot and futures trading for the asset you're interested in. * Analyze Prices: Continuously monitor the spot price and the futures prices for different expiration months. Look for discrepancies or trends. * Calculate Costs: For arbitrage strategies, meticulously calculate carrying costs (storage, interest, etc.) to ensure the arbitrage opportunity is truly profitable. * Manage Risk: * Leverage: Be extremely cautious with leverage in futures trading. It can magnify losses as well as gains. * Stop-Loss Orders: Use stop-loss orders to limit potential losses. * Diversification: Don't put all your capital into a single trade. * Execute the Trade: Place your spot and futures orders simultaneously or as close as possible to minimize slippage. * Monitor and Adjust: Market conditions can change rapidly. Continuously monitor your positions and be prepared to adjust your strategy or close positions if necessary. Considerations: * Market Volatility: Highly volatile markets can create more opportunities for arbitrage but also increase risk. * Liquidity: Ensure there is sufficient liquidity in both the spot and futures markets for your chosen asset to execute trades efficiently. * Transaction Costs: Factor in trading fees, commissions, and any other costs associated with both spot and futures transactions. * Regulatory Environment: Regulations for spot and futures markets can vary by jurisdiction and asset class. In summary, a spot vs. futures strategy is about strategically utilizing the interconnectedness and differences between these two fundamental market types, primarily for arbitrage, hedging, or leveraged speculation. It requires a solid understanding of market dynamics, risk management, and the specific characteristics of the chosen asset.

A "Spot vs. Futures Strategy"

#SpotVSFuturesStrategy
A "Spot vs. Futures Strategy" generally refers to trading approaches that leverage the differences between the spot price and the futures price of an asset.
Here's a breakdown of what that entails:
1. Understanding Spot and Futures Markets:
* Spot Market: This is where assets (like commodities, stocks, or cryptocurrencies) are bought and sold for immediate delivery at the current market price, known as the "spot price." When you buy on the spot market, you take immediate ownership of the asset.
* Futures Market: This market involves contracts to buy or sell an asset at a predetermined price on a specific future date. You don't take immediate ownership of the asset. Instead, you're speculating on its future price movement or hedging against price changes. Futures contracts have expiration dates and often involve leverage.
2. Key Differences that Create Strategy Opportunities:
* Price Discrepancies: The spot price reflects current supply and demand, while the futures price incorporates factors like:
* Cost of Carry: Storage costs, insurance, and interest rates for holding the asset until the futures expiration.
* Supply and Demand Expectations: Anticipated future market conditions.
* Time to Expiration: As the futures contract approaches its expiration date, its price tends to converge with the spot price.
* Leverage (Futures): Futures trading often allows for significant leverage, meaning you can control a larger position with a smaller amount of capital. This amplifies both potential gains and losses.
* Ownership (Spot) vs. Contract (Futures): Spot trading gives you direct ownership, while futures trading is based on a contract.
* Risk Profile: Spot trading is generally considered less risky as there's no leverage involved and you own the underlying asset. Futures trading, with its leverage, carries higher risk and complexity.
3. Common Spot vs. Futures Strategies:
The most prominent strategy leveraging the spot and futures markets is arbitrage.
* Cash-and-Carry Arbitrage (or Basis Trading): This is a relatively low-risk strategy that exploits temporary price discrepancies between the spot price and the futures price of an asset.
* How it works:
* If the futures price is significantly higher than the spot price (known as "contango"), you would buy the asset in the spot market and simultaneously sell a futures contract for the same asset.
* You hold the spot asset until the futures contract expires. As the expiration date approaches, the futures price converges with the spot price.
* At expiration, you deliver the spot asset to fulfill the futures contract, locking in the profit from the initial price difference (minus any carrying costs).
* Conditions for Profit: The difference between the futures price and the spot price must be greater than the cost of carrying the asset (storage, insurance, interest on borrowed funds).
* Reverse Cash-and-Carry: This is the opposite, used when the futures price is lower than the spot price (known as "backwardation"). You would sell the asset in the spot market and buy a futures contract, profiting from the convergence as prices normalize.
* Hedging: Futures contracts are widely used to hedge against price fluctuations in an underlying asset that you own or plan to acquire.
* Example: If you are a farmer who expects to harvest corn in three months, you can sell a corn futures contract today to lock in a price for your future harvest, protecting yourself from a potential drop in spot corn prices.
* Example (Investor): If you hold a significant position in a stock and are concerned about a short-term market downturn, you could short a futures contract on that stock or a relevant index to offset potential losses in your spot portfolio.
* Speculation: Both spot and futures markets can be used for speculation, but futures offer the advantage of leverage.
* Directional Betting: If you believe an asset's price will rise, you can buy it on the spot market or buy a futures contract. If you believe it will fall, you can sell it on the spot market (if short-selling is allowed) or sell a futures contract. Futures allow you to profit from both rising and falling markets with less initial capital.
* Calendar Spreads: This involves simultaneously buying one futures contract and selling another futures contract on the same underlying asset but with different expiration dates. Traders use this to profit from expected changes in the price relationship between different contract months.
4. Implementing a Spot vs. Futures Strategy:
* Understand the Asset: Research the underlying asset (commodity, stock, crypto) and its market dynamics.
* Choose Your Brokerage/Exchange: Ensure your platform offers both spot and futures trading for the asset you're interested in.
* Analyze Prices: Continuously monitor the spot price and the futures prices for different expiration months. Look for discrepancies or trends.
* Calculate Costs: For arbitrage strategies, meticulously calculate carrying costs (storage, interest, etc.) to ensure the arbitrage opportunity is truly profitable.
* Manage Risk:
* Leverage: Be extremely cautious with leverage in futures trading. It can magnify losses as well as gains.
* Stop-Loss Orders: Use stop-loss orders to limit potential losses.
* Diversification: Don't put all your capital into a single trade.
* Execute the Trade: Place your spot and futures orders simultaneously or as close as possible to minimize slippage.
* Monitor and Adjust: Market conditions can change rapidly. Continuously monitor your positions and be prepared to adjust your strategy or close positions if necessary.
Considerations:
* Market Volatility: Highly volatile markets can create more opportunities for arbitrage but also increase risk.
* Liquidity: Ensure there is sufficient liquidity in both the spot and futures markets for your chosen asset to execute trades efficiently.
* Transaction Costs: Factor in trading fees, commissions, and any other costs associated with both spot and futures transactions.
* Regulatory Environment: Regulations for spot and futures markets can vary by jurisdiction and asset class.
In summary, a spot vs. futures strategy is about strategically utilizing the interconnectedness and differences between these two fundamental market types, primarily for arbitrage, hedging, or leveraged speculation. It requires a solid understanding of market dynamics, risk management, and the specific characteristics of the chosen asset.
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#BinanceTurns8 Hey! What is "Binance Turn 8" It refers to the celebration of Binance's eighth anniversary, which is taking place in July 2025. Binance, being the largest cryptocurrency exchange platform in the world, organizes events and promotions to commemorate its journey. For this 8th anniversary, they have launched various activities and rewards for their community, such as: * Rewards totaling 2.88 million dollars. * Virtual activities: including a "Crypto Meteor Shower" with prizes and the opportunity to collect "Stellar Signs" for additional rewards. * Daily contests and challenges. * USDC coupon promotions. Basically, it is a series of events and opportunities for users to participate and win prizes as part of the celebration of Binance's eight years of existence.
#BinanceTurns8
Hey! What is "Binance Turn 8"
It refers to the celebration of Binance's eighth anniversary, which is taking place in July 2025.
Binance, being the largest cryptocurrency exchange platform in the world, organizes events and promotions to commemorate its journey. For this 8th anniversary, they have launched various activities and rewards for their community, such as:
* Rewards totaling 2.88 million dollars.
* Virtual activities: including a "Crypto Meteor Shower" with prizes and the opportunity to collect "Stellar Signs" for additional rewards.
* Daily contests and challenges.
* USDC coupon promotions.
Basically, it is a series of events and opportunities for users to participate and win prizes as part of the celebration of Binance's eight years of existence.
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I recommend Solana #sol
I recommend Solana #sol
Riaz Awais
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I have 121$ and i want to turn this into 500$ So Suggest me some Coins for buy Can You Give Me advice
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How to face inflation in Venezuela with cryptocurrencies?Inflation in Venezuela has led many citizens to seek alternatives to protect their wealth, and cryptocurrencies have emerged as a relevant option. Here I explain how they can be used and what considerations to keep in mind: 1. Protection of purchasing power: * Stablecoins: These are cryptocurrencies whose value is pegged to a reserve asset, such as the US dollar (for example, USDT, USDC). In a high inflation environment, where the local currency loses value quickly, stablecoins allow Venezuelans to maintain their savings in a more stable currency, thereby protecting their purchasing power.

How to face inflation in Venezuela with cryptocurrencies?

Inflation in Venezuela has led many citizens to seek alternatives to protect their wealth, and cryptocurrencies have emerged as a relevant option. Here I explain how they can be used and what considerations to keep in mind:
1. Protection of purchasing power:
* Stablecoins: These are cryptocurrencies whose value is pegged to a reserve asset, such as the US dollar (for example, USDT, USDC). In a high inflation environment, where the local currency loses value quickly, stablecoins allow Venezuelans to maintain their savings in a more stable currency, thereby protecting their purchasing power.
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the largest cryptocurrency hack in history that alerted all tradersThe theft generated panic on the Bybit platform; however, its CEO Ben Zhou stated that they have the backing to cover the 1.5 billion dollars stolen and the subsequent leaks that this situation caused, especially in stablecoins. In any case, for several hours, they blocked many of the functions of their wallets to ensure more security for users and savers. According to Coindesk, in the hours following the hack, panic led to a total withdrawal of around 4 billion dollars in cryptocurrencies from the Bybit exchange platform. From the 16.9 billion it managed, it dropped to 11.2 billion dollars according to DeFiLlama data.

the largest cryptocurrency hack in history that alerted all traders

The theft generated panic on the Bybit platform; however, its CEO Ben Zhou stated that they have the backing to cover the 1.5 billion dollars stolen and the subsequent leaks that this situation caused, especially in stablecoins. In any case, for several hours, they blocked many of the functions of their wallets to ensure more security for users and savers.
According to Coindesk, in the hours following the hack, panic led to a total withdrawal of around 4 billion dollars in cryptocurrencies from the Bybit exchange platform. From the 16.9 billion it managed, it dropped to 11.2 billion dollars according to DeFiLlama data.
Donald Trump's tariff policy#TrumpTariffs Donald Trump's tariff policy has been a central component of his economic strategy during both his previous and current presidencies. His approach is generally characterized by a belief that tariffs are a necessary tool to address perceived trade imbalances, protect domestic industries, and incentivize "reshoring" of manufacturing to the United States. Here's a summary of key aspects of his tariff policies: * "America First" Trade Policy: This overarching philosophy prioritizes American businesses and workers, often leading to measures aimed at reducing trade deficits and promoting domestic production. * Broad Application: Trump has implemented tariffs across a wide range of imported goods. In his current term, the average applied US tariff rate significantly increased, reaching levels not seen in over a century. * Reciprocal Tariffs: A key concept for Trump is "reciprocity," meaning that if other countries impose tariffs on U.S. goods, the U.S. should impose equivalent tariffs on their goods. He has sent letters to numerous trading partners outlining specific reciprocal tariff rates. * Targeted Tariffs: Beyond broad tariffs, specific industries or countries have been targeted. For instance, increased tariffs on steel and aluminum imports, and tariffs on imported automobiles, have been notable. More recently, he has also announced tariffs on copper and ordered investigations into pharmaceuticals for future tariffs. * Use of IEEPA: Trump has invoked the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs, declaring a national emergency regarding the trade deficit. While these uses have faced legal challenges, they have remained in effect pending appeals. * Negotiation Strategy: Tariffs are often used as leverage in trade negotiations. The administration has sought to secure new trade deals and frameworks with various countries, offering to modify or remove tariffs if agreements are reached. * Economic Rationale and Debate: The administration argues that tariffs will promote domestic manufacturing, protect national security, and even serve as a substitute for income taxes. However, many economists have criticized this approach, arguing that tariffs generally raise costs for consumers and businesses, distort resource allocation, and can lead to retaliatory measures from trading partners. There is ongoing debate about the actual economic impact of these tariffs on inflation, consumer prices, and domestic industries. * Recent Developments (as of July 2025): * Many of the high "reciprocal tariffs" that were paused for 90 days earlier in the year are set to go into full effect on August 1, 2025. * Specific tariff rates have been announced for numerous countries, ranging from 25% to 40% (e.g., 25% on Japan and South Korea, 40% on Myanmar and Laos). * The administration has indicated flexibility for countries willing to negotiate and make concessions. * The ongoing implementation of these tariffs is creating significant uncertainty in global trade relations and financial markets.

Donald Trump's tariff policy

#TrumpTariffs
Donald Trump's tariff policy has been a central component of his economic strategy during both his previous and current presidencies. His approach is generally characterized by a belief that tariffs are a necessary tool to address perceived trade imbalances, protect domestic industries, and incentivize "reshoring" of manufacturing to the United States.
Here's a summary of key aspects of his tariff policies:
* "America First" Trade Policy: This overarching philosophy prioritizes American businesses and workers, often leading to measures aimed at reducing trade deficits and promoting domestic production.
* Broad Application: Trump has implemented tariffs across a wide range of imported goods. In his current term, the average applied US tariff rate significantly increased, reaching levels not seen in over a century.
* Reciprocal Tariffs: A key concept for Trump is "reciprocity," meaning that if other countries impose tariffs on U.S. goods, the U.S. should impose equivalent tariffs on their goods. He has sent letters to numerous trading partners outlining specific reciprocal tariff rates.
* Targeted Tariffs: Beyond broad tariffs, specific industries or countries have been targeted. For instance, increased tariffs on steel and aluminum imports, and tariffs on imported automobiles, have been notable. More recently, he has also announced tariffs on copper and ordered investigations into pharmaceuticals for future tariffs.
* Use of IEEPA: Trump has invoked the International Emergency Economic Powers Act (IEEPA) to impose broad tariffs, declaring a national emergency regarding the trade deficit. While these uses have faced legal challenges, they have remained in effect pending appeals.
* Negotiation Strategy: Tariffs are often used as leverage in trade negotiations. The administration has sought to secure new trade deals and frameworks with various countries, offering to modify or remove tariffs if agreements are reached.
* Economic Rationale and Debate: The administration argues that tariffs will promote domestic manufacturing, protect national security, and even serve as a substitute for income taxes. However, many economists have criticized this approach, arguing that tariffs generally raise costs for consumers and businesses, distort resource allocation, and can lead to retaliatory measures from trading partners. There is ongoing debate about the actual economic impact of these tariffs on inflation, consumer prices, and domestic industries.
* Recent Developments (as of July 2025):
* Many of the high "reciprocal tariffs" that were paused for 90 days earlier in the year are set to go into full effect on August 1, 2025.
* Specific tariff rates have been announced for numerous countries, ranging from 25% to 40% (e.g., 25% on Japan and South Korea, 40% on Myanmar and Laos).
* The administration has indicated flexibility for countries willing to negotiate and make concessions.
* The ongoing implementation of these tariffs is creating significant uncertainty in global trade relations and financial markets.
Binance is celebrating its 8th anniversary in July 2025! Binance was founded in July 2017, making this year a significant milestone for the world's largest cryptocurrency exchange. They're even running special promotions and events to mark the occasion.#BinanceTurns8
Binance is celebrating its 8th anniversary in July 2025!
Binance was founded in July 2017, making this year a significant milestone for the world's largest cryptocurrency exchange. They're even running special promotions and events to mark the occasion.#BinanceTurns8
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Venezuela when?
Venezuela when?
El gordito75
--
Great news 📻 for friends in Spain. BBVA and the buying/selling of cryptocurrencies in Spain
The new service, available through the BBVA app, guarantees a completely digital experience, making it easier for bank users to access cryptocurrencies.
However, it is important to highlight that BBVA does not provide advice on cryptocurrencies, and customers will only be able to access these functionalities if they have biometric authentication enabled on their mobile devices, a measure that enhances security.
BBVA has launched this service in Spain after its success in markets such as Switzerland and Turkey, establishing itself as one of the few traditional banks that facilitates the purchase of cryptocurrencies directly from its platform.
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