Jin Analysis
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Your gateway to stay ahead of the Market.πŸš€

#Crypto #Blockchain.
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πŸ‡ΊπŸ‡Έ Senator Cynthia Lummis calls to revise tax laws unfairly targeting Bitcoin and digital assets.

"Bitcoin and digital assets are being unfairly targeted because of flawed tax rules. We need crypto revisions."

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President Trump urges Fed to cut rates by one full point.

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JUST IN: πŸ‡ΊπŸ‡Έ Senator John Thune says "cryptocurrency is here to stay, and it's time that we bring it into the mainstream."

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πŸ”₯Billionaire Paul Tudor Jones calls Bitcoin, gold and stocks as the β€œbest portfolio to fight inflation.”

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News | Markets | YouTube
Ethereum $ETH reclaims a $345 billion market cap.

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πŸ‡ΊπŸ‡Έ Treasury Secretary Bessent says if the debt limit is not resolved, it could trigger biggest financial crisis since 2008.

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$11.5 trillion BlackRock looks to become the world's largest crypto asset manager by 2030.

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DOLLAR INDEX(DXY) FALLS FOR THE FIRST TIME IN THREE YEARS!

The dollar index (DXY), a measure of the U.S. dollar’s strength against a basket of major global currencies, dropped below 98 for the first time since early 2022.

This move signals a shift in global currency markets and could create a favorable environment for risk assets, especially cryptocurrencies, like bitcoinπŸ”₯

In recent years, a DXY above 100 has typically reflected dollar dominance, often weighing on equities and digital assets.

Markets are expecting a 99.8 percent probability of a rate cut at the June Federal Reserve meeting, with the target range expected to drop to 4.25 to 4.50 percent.

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BTC price dropped below 104K!
Liquidating longs from the market, Approx 906M Wipe out from the market.

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πŸ‡ΊπŸ‡ΈUS PPI rises to 2.6%, lower than expectations, while Core PPI came in at 3.0% vs. 3.1% expected.

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🚨🚨 Israeli Air Force conducted strike in Iran, Targeted the Iran’s nuclear sites.

War situation shows short term selling in the market!

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BITWISE: πŸ’° "Owning 1 $BTC is the new american dream."

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πŸ“Š BlackRock has accumulated 3% of all Bitcoin, becoming one of the largest institutional holders.

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πŸ”₯ Trident to raise up to $500M for corporate $XRP treasury.

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πŸ‡ΉπŸ‡­KuCoin launches SEC-approved exchange in Thailand after acquiring ERX.

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πŸ‡­πŸ‡°Hong Kong to release its second digital asset policy statement this June, per Financial Secretary Paul Chan.

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⚑️ Bybit now offers CFD trading on stocks, gold, and forex using $USDT.

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