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dungnguyen

@dungnguyen111

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Bo Hines (CEO of Digital Assets for the Trump Campaign): The US once owned nearly 400,000 BTC, but sold about half for just $370 million. If kept, that amount of BTC would now be worth ~$17 billion, showing the strategic importance of this asset. Bo Hines emphasized that the US needs to accumulate as much Bitcoin as possible, as long as it is done in a budget-neutral way (without using taxpayer money). An internal working group of agencies such as the Treasury and Commerce Departments is exploring various options for building a Bitcoin strategic reserve, like a "digital Fort Knox". Bitcoin is viewed as digital gold, a commodity with an intrinsic store of value, not a security, and is in the long-term interests of the American people. Bo Hines emphasized that this is the first time the US has a president who advocates strategic asset accumulation instead of dumping, and his team is confident in the plan and long-term vision for Bitcoin.
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OpenAI is developing a social network similar to X (Twitter), which is still in its early stages. A prototype has been built, focusing on ChatGPT's image generation feature with social news. CEO Sam Altman is quietly soliciting outside feedback on the project. It is unclear whether OpenAI will discover the social network as a separate application or integrate it into ChatGPT. Grok has been able to use data from X to train X, an invaluable resource.
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Stats show that corporations bought more than 95,000 Bitcoin in Q1, the most in any previous quarter. Source X @pete_rizzo_
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Senator 🇺🇸 Tim Scott expects major crypto legislation, including stablecoin regulations, to be passed by August 2025. He stressed the need to prioritize innovation first to keep the U.S. competitive. The GENIUS bill has been awarded, with support supporting efforts to strengthen the USD and make the U.S. a leader in the asset space.
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President Trump exempted new tariffs on cell phones, computers, chips and other electronic devices and components, including semiconductors, solar panels, high-definition television screens, flash drives, memory cards and solid-state drives (SSDs) used to store data. The exemption covers all countries, including China, which is a win for companies like Apple. CEO Tim Cook has repeatedly stressed that moving out of China or back to the US is not easy and cannot be done quickly. There has been no official statement from the White House. It is unclear whether the data here is just a temporary measure to facilitate companies to start moving factories, or if there is actually a new trade deal being negotiated between the US and China.
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SBF is currently being held at Victorville State Prison, one of the most violent prisons in California, after participating in an unauthorized interview with Tucker Carlson.
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📊 Total US debt: $34.4 trillion (as of end of 2024) 🇺🇸 Domestic creditors: $26.4 trillion (77%) - US government agencies (internal debt): $7.0 billion (20%) - US citizens holding savings bonds: $5.7 billion (17%) - Federal Reserve: $5.2 billion (15%) - Investments: $3.7 billion (11%) - State and local governments: $1.7 billion (5%) - Institutional signals: $1.6 billion (5%) - Pension funds: $1.0 billion (3%) - Insurance companies: $480 billion (1%) 🌍 Foreign creditors: $7.9 trillion (23%) - Japan: 1.1 billion USD (3%) - China: 820 billion USD (2%) - UK: 680 billion USD (2%) - Other countries: 5.3 billion USD (15%)
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Reuters: The United States 🇺🇸 and Vietnam 🇻🇳 have agreed to start negotiations on a new trade deal. The two countries will look to eliminate as many non-tariff barriers as possible, according to a government statement issued after a meeting between Vietnamese Deputy Prime Minister Ho Duc Phu and US Trade Representative Jamieson Greer in Washington.
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check this Ⓜ️oxie game by @degenfans
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White House U.S. Trade Representative Jamieson Greer said President Trump will not accept a situation where “Wall Street is allowed to run the economy.” Stock losses are coming… cry some more because President Trump is completely deaf… 😭😭😭
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Check out this commit: #Earthling https://www.commit.wtf/cyber/commit/6
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The US imposes tariffs on China, China retaliates, the US imposes more tariffs, China retaliates with more tariffs, and the US prepares to impose more tariffs on China. President Trump has canceled all meetings with senior Chinese officials. China says it will not bow to President Trump's new tariff threats. The stage is set for US-China trade war 2.0.
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Hedges face biggest margin calls since Covid-19 crisis. Big Wall Street banks are demanding more collateral as clients’ portfolios shrink.
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SEC under TRUMP: Stablecoins Are Not Securities, But Yield Tokens May Be Different The SEC's statement includes stablecoins only if they "may be designed to maintain a stable value relative to the U.S. Dollar, may be redeemable once for a regulated rate of USD, and are backed by assets held in a low-risk, liquid reserve with a USD value equal to or exceeding the regulated value of the stablecoin in circulation." Stablecoin and crypto laws in the United States are taking shape, we'll have to wait
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Check out my FarHero in my collection via @farquest! https://opensea.io/assets/ethereum/0x427b8efee2d6453bb1c59849f164c867e4b2b376/24537472882561474545583497507596478591099044590952008143887589774424163505201
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President Trump: This would be the PERFECT time for Fed Chairman Jerome Powell to cut interest rates. He’s always been “late,” but now he can change his image — and fast. Energy prices are down, interest rates are down, inflation is down, even egg prices are down 69%, and jobs are up — all in just two months. THIS IS A HUGE WIN FOR AMERICA. CUT RATES, JEROME, AND STOP PLAYING POLITICS!
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GameStop Chairman Ryan Cohen has purchased an additional $10.8 million worth of GameStop shares to demonstrate his confidence in the Bitcoin-related strategy.
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Many people believe they understand how tariff percentages are calculated .They take the US with a given country and divide it by the value of that country's exports to the US. Example 1 – Indonesia: - US trade penetration: 17.9 billion USD - Indonesia's exports to the US: 28 billion USD - Calculation: 17.9 / 28 = 64% - Tariff from the US ~1/2 of 64% = 32% Example 2 – Vietnam: - Vietnam's exports to the US: 136.6 billion USD - Imports from the US: 13.1 billion USD - Penetration: 123.5 billion USD - Calculation: 123.5 / 136.6 = ~90% - Tariff from the US ~1/2 of 90% = 46% 👀
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GameStop Completes $1.5 Billion Bond Sale to Buy Bitcoin
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Circle (USDC) hires JPMorgan and Citi to prepare for IPO, plans to file publicly by the end of the month
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