🚨 BREAKING: President Trump will sign the Bitcoin Reserve | zaidbinharoon1 on Binance Square

Trending Articles

Bookmarked and Liked

--

🚨 BREAKING:President Trump will sign the Bitcoin Reserve Executive Order today at 4:00 PM ET. $PARTI RTI 
This is the bullish catalyst the market has been waiting for. 🚀 $ZEC 
ZEC
427.16
-1.86%
BTC
91,755.83
+0.21%

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

64

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Square-Creator-90f94a80e2b9

Explore More From Creator

🚨 BREAKING NEWS 🇺🇸 The Federal Reserve has scheduled an "EMERGENCY" meeting for 4:30 PM today. Rumors suggest the Fed might release a surprise balance sheet update. This potential move could spark significant market volatility. 📉 🎙️ Additionally, Fed Chair Jerome Powell is set to speak on December 1. This adds further weight to the sudden shift in tone, indicating a potentially massive macro moment for markets. Markets may experience rapid movements. It is crucial to observe developments closely. Information is for market updates, not investment advice. $BNB WI F $SHIB IB $IO #PumpTrading

--

The dollar index (DXY00) on Friday fell to a 1.5-week low and finished down by -0.08%. The dollar gave up early gains last Friday and moved lower on increased chances that the Fed will cut interest rates at next month’s FOMC meeting. Swaps markets now discount an 83% chance of a Fed rate cut next month, up from 30% last week, weighing on the dollar. Strength in stocks on Friday also limited liquidity demand for the dollar. The dollar is also under pressure after Bloomberg reported on Tuesday that Kevin Hassett is at the top of the list of potential candidates to succeed Jerome Powell as US Fed Chair. Hassett’s nomination would be bearish for the dollar as he is seen as a dovish candidate. Also, Fed independence would come into question, as Hassett supports President Trump’s approach to cutting interest rates at the Fed, which Trump has long sought to control. The markets are discounting an 83% chance that the FOMC will cut the fed funds target range by 25 bp at the next FOMC meeting on December 9-10.

--

all of the main news is this news can market manipulation and bullish and bearish

--

The federal government raises about $3 trillion a year from income taxes. The United States also happens to import around $3 trillion worth of goods annually. So that means tariffs would have to be at least 100% on all imported goods for the levies to replace income taxes, said Torsten Slok, chief economist at Apollo Global Management, in a note to investors. The United States’ effective tariff rate now stands at 22.8%, according to Fitch Ratings. So to take the place of income taxes, tariffs would need to be more than four times higher than they are now — and America’s new tariff rate is already by far the highest of any developed country and has threatened to plunge the US and global economies into a recession. But replacing all that tax revenue is not even as simple as doubling the price of everything that comes into America, Slok notes: As prices rise, demand trails off. That’s why America’s largest companies this earnings season have said that Trump’s trade policies are raising costs and leading consumers to spend less on practically everything — from airline tickets “The math just doesn’t add up,” said Erica York, vice president of federal tax policy at the Tax Foundation. “Not even close.” The tariffs already imposed and scheduled to take effect will bring in just $170 billion in annual revenue, the Tax Foundation estimates — taking into account reduced demand for goods that higher prices would create. That’s well short of the amount of federal income taxes America brings in each year. 10

--

The federal government raises about $3 trillion a year from income taxes. The United States also happens to import around $3 trillion worth of goods annually. So that means tariffs would have to be at least 100% on all imported goods for the levies to replace income taxes, said Torsten Slok, chief economist at Apollo Global Management, in a note to investors. The United States’ effective tariff rate now stands at 22.8%, according to Fitch Ratings. So to take the place of income taxes, tariffs would need to be more than four times higher than they are now — and America’s new tariff rate is already by far the highest of any developed country and has threatened to plunge the US and global economies into a recession. But replacing all that tax revenue is not even as simple as doubling the price of everything that comes into America, Slok notes: As prices rise, demand trails off. That’s why America’s largest companies this earnings season have said that Trump’s trade policies are raising costs and leading consumers to spend less on practically everything — from airline tickets “The math just doesn’t add up,” said Erica York, vice president of federal tax policy at the Tax Foundation. “Not even close.” The tariffs already imposed and scheduled to take effect will bring in just $170 billion in annual revenue, the Tax Foundation estimates — taking into account reduced demand for goods that higher prices would create. That’s well short of the amount of federal income taxes America brings in each year.#TrumpTariffs #bitcoin $BTC $SOL

--

Latest News

Cryptocurrency Market Experiences Significant Liquidations

--

Michael Saylor Responds to MSCI's Digital Asset Consultation

--

Meta Shifts Focus to Monetizable AI Models, Plans Avocado Release in 2026

--

Tom Lee Comments on Market Conditions Ahead of Federal Reserve Meeting

--

Meta Platforms to Cease Open-Source AI Development

--

Trending Articles

🚨 BREAKING: THE FED JUST ISSUED THE FINAL WARNING — EASY MONEY IS OFFICIALLY DEAD 🪙🔥

Crypto - Roznama

$XRP Coin Price Forecast 2025 - 2028 🔥💥🔥 If you invest $

🚨 Why Are People Still Buying LUNC Even Though It Won’t Hit

BTC/USD – Bearish Reversal Setup with Defined Targets🚀🚀

🔥 $ARB Coin Price Forecast 2025–2028 🚀💥 Hyper-condensed.

NEW TRENDING NEWS

Cookie Preferences

Cookie Preferences