dungnguyen

@dungnguyen111

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🇺🇸🇪🇺 THE TRADE AGREEMENT BETWEEN THE US AND THE EUROPEAN UNION HAS BEEN COMPLETED 🔹 President Donald Trump announced a new trade agreement between the United States and the European Union just before the tariff deadline of August 1 🔹 This agreement includes a 15% tariff imposed on most European goods imported into the US, and the EU has agreed: — Buy 750 billion USD of energy from the United States — Commit to invest 600 billion USD in the US economy

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🇺🇸 SHARPLINK GAMING APPOINTS FORMER BLACKROCK LEADER AS CO-CEO FOCUSING ON ETHEREUM 🔹 Joseph Chalom, former head of global digital assets at BlackRock, has become the new co-CEO of SharpLink Gaming 🔹 Chalom's main goal is to focus on developing a strategy around Ethereum and make the company a big force in the DeFi field 🔹 SharpLink Gaming currently holds more than 360,000 ETH, which is one of the largest ETH reserves in the industry 🔹 Chalom's strategy includes taking advantage of root staking and restaking to activate the company's ETH supply

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🇺🇸 PRESIDENT TRUMP IS CONFIDENT THAT THE FED WILL REDUCE INTEREST RATES AFTER MEETING WITH PRESIDENT POWELL 🔹 President Trump described the meeting with Fed Chairman Jerome Powell as positive and believes that Mr. Powell will soon start proposing an interest rate reduction. 🔹 Both the White House and the Fed evaluated yesterday's meeting and construction tour as constructive and mutually respectful. A Fed official said they were honored to welcome the first US President in nearly 2 decades to visit the FED. 🔹 However, the White House continues to put pressure on the Fed. Budget Director Russell Vought also called for interest rate cuts, especially to support the real estate market, and called for a review of the Fed's operations and criticized the high cost of renovation of the Federal Reserve building. 🔹 President Trump concluded that he believed Chairman Powell would "do the right thing" in terms of interest rates, although it may be decided to come a bit late.

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Reporter: Sir, can the President say anything to you today to make you retract some of your previous criticisms? President Trump (in the FED building): Yes, I really want him to lower interest rates. Other than that, what else can I say? *President Trump Patted FED Chairman Powell on the back, Mr. Powell smiled awkwardly 🤣

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TESLA KEEPS THE AMOUNT OF BITCOIN, CAR REVENUE DROPS SHARPLY Tesla neither bought more nor sold Bitcoin in the second quarter. The total amount of BTC held remains the same at 11,509 BTC, continuing to be in the top 10 public companies holding the most Bitcoin in the world. Regarding the main business, Tesla reported a 16% decrease in revenue from the automotive segment, marking the second consecutive quarter of declining sales and continuing to fail analysts' expectations. Revenue of the automotive segment in the second quarter reached 16.7 billion USD, down from 19.9 billion USD in the same period last year.

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JANET YELLEN EXPRESSED CONCERN ABOUT STABLECOIN REGULATION UNDER THE GENIUS ACT 🔹 Former Finance Minister Janet Yellen, who has long been skeptical about crypto, has expressed concern about the newly passed GENIUS law. 🔹 She welcomed the fact that Congress had begun to build a legal framework for stablecoins, saying that it was the result of the efforts she initiated in 2020 with the President's Financial Market Working Group. 🔹 However, Yellen said that the new law still has "many serious weaknesses" and does not have enough strong protective measures as she expected. 🔹 She warned that stablecoins can pose risks to the financial system if not strictly regulated.

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🇺🇸 The S&P 500 index set a new peak, for the first time in history to close the day candle above 6,300 points.

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🇺🇸 PRESIDENT TRUMP REFUTES THE WALL STREET JOURNAL'S ARTICLE ABOUT FED CHAIRMAN POWELL President Trump denied information from the Wall Street Journal that Treasury Secretary Scott Bessent advised him not to fire Fed Chairman Jerome Powell. 🔹 President Trump called Powell "The worst Fed Chairman in history" 🔹 He affirmed that no one needs to explain to him the impact on the market: "I am the one who understands best what is good for the market" 🔹 He claimed that he was the reason why the market was at a record high, if it weren't for him, it would have collapsed" 🔹 He emphasized: "Others don't explain to me, I'm the one who explains to them!"

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President Trump invited Tether CEO Paolo Ardoino to attend the signing ceremony of the GENIUS Act and also personally called his name. This is quite remarkable because according to the provisions of this act, Tether in its current form will be excluded from services in the US in 3 years if it does not meet audit and transparency standards. But 3 years is long enough for Tether to do that.

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Altcoin is increasing sharply thanks to the expectation that the stablecoin bill will be passed and signed into law this week. Ethereum 3,400 USD (+11%)

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⚠️🇺🇸 THE US HOUSE OF REPRESENTATIVES BLOCKS IMPORTANT VOTES ON CRYPTO-RELATED BILLS DESPITE THE SUPPORT OF PRESIDENT TRUMP 🌟 The US House of Representatives did not pass the necessary procedural vote to debate major crypto-related bills this week, although President Trump called on Republican congressmen to vote in favor this morning. 🌟 The result was 196 votes in favor and 223 votes against, of which 13 Republican congressmen voted with the Democrats to block the proposal 🌟 This is a big blow to the crypto industry in the week expected to be "Crypto Week"

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🌟 GLOBAL COMPANIES CONTINUE TO POUR MONEY INTO BITCOIN 🇨🇦 LQWD has completed a fundraising round of 2.3 million Canadian dollars (~1.68 million USD) to buy more bitcoin. LQWD is a technology company focusing on Lightning Network infrastructure for Bitcoin network. 🇺🇸 BTC Digital bought another 1 million USD of bitcoin. Last week, they also bought 1 million USD ETH and set a goal to own more than 10 million USD in crypto before the end of the year. BTC Digital is a US-listed company, operating in the field of crypto mining and investment. 🇬🇧Coinsilium Group Forza! Bought an additional 13.12 BTC, raising the total holdings to 101.75 BTC, officially exceeding the 100 bitcoin mark. Coinsilium is a venture capital company in the UK, specializing in supporting early-stage blockchain projects.

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🇺🇸🔥 RUMORS ABOUT FED CHAIRMAN RESIGNATION ARE SPREADING 🌟 President Trump 🇺🇸 shared a piece of news that Fed Chairman Jerome Powell is considering resigning. This news quoted William Pulte, Chairman of the Board of Directors Fannie Mae and Freddie Mac, but it is not clear where the information came from. 🌟 Vice President JD Vance posted on X that the Fed was completely disoriented, and reiterated President Trump's words: "They are too slow" in dealing with inflation under Biden and in reducing current interest rates. 🌟 White House economic advisor Hassett said on ABC that: "If there is a good reason, President Trump has the right to dismiss Powell"

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🇺🇸🇪🇺🇲🇽 President Trump announced the 30% tariff in letters to European Commission President Ursula von der Leyen and Mexican President Claudia Sheinbaum, effective from August 1. He warned that if the EU or Mexico responded by raising taxes, the US would add that exact percentage to the current tax rate of 30%. President Trump also emphasized that the EU, as a whole bloc, exports more to the US than any individual country.

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📈 ETHEREUM IS BEING PRIORITIZED BY WALL STREET 🌟 Tom Lee (Fundstrat and Bitmine) shared that Ethereum is not only a cryptocurrency, but also a platform technology 🌟 Ethereum is the first choice for large organizations in Wall Street to build a tokenization ecosystem 🌟 JP Morgan releases their stablecoin on Ethereum network 🌟 Robinhood is also building an asset tokenization segment based on Ethereum 🌟 Currently, more than 60% of tokenized real assets are located on Ethereum, and this market share is continuing to increase 🌟 In addition, Circle company is currently traded at extremely high valuation (100X EBITDA), showing that the market appreciates the potential of stablecoin and Ethereum infrastructure

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Bitcoin reaches a new peak: $112.145 ~330 million USD of leveraged short orders have been liquidated within the past 2 hours.

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🇺🇸 Ether short orders on the CME futures exchange (where large Wall Street institutions operate) have risen to the second highest level in history. This shows that: 1. They are extremely pessimistic about ETH, or 2. They are buying/holding a lot of ETH and using leveraged short contracts as a form of insurance

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