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โ‰๏ธ The CFTC has charged Goliath Ventures and its CEO over an alleged $400 million fraud scheme.

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๐Ÿ‡บ๐Ÿ‡ธ President Trump is considering lowering the tax on profits from investments ๐Ÿ’ฐ

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๐Ÿ‡บ๐Ÿ‡ธ๐Ÿ‡ฎ๐Ÿ‡ทPresident Trump on Iran

โ€œI donโ€™t trust Iran. Why are you saying I trust Iran? Iโ€™m the last person to trust Iran. Theyโ€™ve lied to me constantly.โ€

On the Strait of Hormuz, Trump said: โ€œWe have TOTAL control of the Strait of Hormuz. We own it.โ€

He also warned: โ€œAt some point, theyโ€™ll do something, and theyโ€™ll get blown away.โ€
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๐Ÿ‡บ๐Ÿ‡ธ President Trump is looking into cutting capital gains taxes and easing rules on home sales, per Bloomberg.

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๐Ÿ‡ฎ๐Ÿ‡ณ SEBI IS KEEPING A CLOSE EYE ON FINFLUENCERS! ๐Ÿ‘€

SEBIโ€™s AI-powered Project Sudarshan is monitoring financial content across social media and flagging potentially misleading or fraudulent claims.

๐Ÿ“Š Why it matters: 62% of investors say finfluencers influence their investment decisions.

The finfluencer era is getting a lot more regulated.
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๐Ÿšจ REMINDER: ๐Ÿ‡บ๐Ÿ‡ธ U.S. CPI INFLATION DATA DROPS TODAY AT 8:30 AM ET!

Previous: 3.5%
Forecast: 3.4%

๐Ÿ“ˆ Above 3.4% โ†’ Markets could sell off sharply

๐Ÿš€ Below 3.4% โ†’ Markets could rally strongly

โš–๏ธ At 3.4% โ†’ Expect a mixed market reaction

โ–ถ๏ธ https://x.com/pushpendratech/status/2087468634335809597?s=46
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๐Ÿšจ US CPI DATA IS OUT! ๐Ÿ‡บ๐Ÿ‡ธ

Actual: 3.4%
Previous: 3.5%
Forecast: 3.4%

๐Ÿ“‰ Inflation cooled from the previous reading and came in line with expectations.
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๐Ÿšจ ๐Ÿšจ President Trump says the U.S. has โ€œtotal controlโ€ of the Strait of Hormuz and could keep control of it, describing the naval blockade as a โ€œwall of steel.โ€

Trump also said Iranโ€™s military has been severely weakened and its leadership has lost power, claiming Tehran is now โ€œall talk and no action.โ€
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๐Ÿšจ U.S. DEBT WARNING: The U.S. borrowed $432 BILLION in July โ€” around $14 BILLION every day.

Hereโ€™s where the money went:

๐Ÿ‡บ๐Ÿ‡ธ Medicare: $174B
๐Ÿ‘ต Social Security: $141B
๐Ÿ’ฐ Debt interest: $104B
๐Ÿงพ Tariff refunds: $33B

The U.S. has already run a $1.8 TRILLION deficit this year, and the full-year deficit could reach $2.1 TRILLION.

Meanwhile, total U.S. debt is nearing $39.9 TRILLION ๐Ÿ›

In simple words: America is spending far more money than it is bringing in.
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๐Ÿšจ Kraken has added 24/7 S&P 500 perpetuals to its funded trading program, with commodities planned next.

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โ˜„๏ธ Metaplanet CEO Simon Gerovich says the company transferred 5,014 $BTC between its custodial wallets as part of a routine operation.

He confirms that no Bitcoin was sold and Metaplanet still holds 43,000 $BTC ๐Ÿ”ฅ

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๐Ÿ”ฅ JPMorgan, Goldman Sachs, Invesco, Citadel Securities and nearly 40 other firms are testing tokenized assets across multiple blockchains in a live Wall Street trial, according to Bloomberg.

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๐Ÿšจ Bitcoin ETFs See $61 Million Outflow

U.S. spot Bitcoin ETFs recorded $61.16 million in net outflows on Aug. 12

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๐Ÿ”ฅ Binance bStocks has surpassed xStocks to become the second-largest tokenized stock issuer, with $610.6M in value.

Ondo remains the market leader with around $927M, according to Token Terminal.

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๐Ÿšจ๐Ÿšจ The S&P 500 crosses 7,800 for the first time ever.

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๐Ÿšจ Bitcoin fell back below $63,000, triggering $48M in crypto liquidations over the past hour, with $45.7M in longs wiped out.

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