#TrumpTariffs #CPIWatch #BTC86kJPShock $SOL $BNB $BTC President Trump has made a bold claim that tariff revenue will soon eliminate personal income tax. However, experts are skeptical about this proposal, citing that tariff revenue is nowhere close to replacing income tax revenue.
In fiscal year 2025, the US collected $2.7 trillion in individual income taxes, while tariffs generated only $195 billion. To put this into perspective, tariffs would need to increase significantly to bridge this gap.
*Key Issues with Trump's Proposal:*
- *Revenue Shortfall*: Tariff revenue is far below the required amount to replace income tax. - *Regressive Taxation*: Tariffs disproportionately affect lower-income households, who spend a larger portion of their income on imported goods. - *Economic Impact*: High tariffs could lead to inflation, job losses, and reduced economic growth.
Experts argue that eliminating income tax without alternative revenue sources would increase the federal deficit and harm the economy. The Tax Policy Center estimates that Trump's proposed tariffs would lower average after-tax incomes by 2.9%. ¹ ² ³
While Trump's proposal is ambitious, it's essential to consider the broader economic implications and the feasibility of replacing income tax with tariff revenue.
SOL Brigade! 🚀💎 The institutional bears thought they could break us, but we're holding strong! 🌪️ Dipped to 131.28, and the paper hands are shaking out. Meanwhile, we're accumulating, stacking sats, and getting ready for the next big move! 📈
Current price: 131.74, consolidating after the 146.91 high. Support is hardening, and this dip is just a setup for the next leg up! 🚀 The smart money is averaging down, locking in value, and preparing for the vertical move. 💸
Don't get fooled by the FUD! 🤑 We're building a supply shock, and the reversal will be explosive! 🔥 Stay sharp, stay strong, and let's ride the SOL wave! 🌊
#BinanceBlockchainWeek Binance Blockchain Week is typically an event hosted by Binance where blockchain enthusiasts, developers, investors, and thought leaders come together to discuss the latest developments, challenges, and opportunities in the blockchain and cryptocurrency space.
Would you like information about the latest Binance Blockchain Week (e.g., dates, agenda, or notable speakers), or do you want general details about what the event typically covers? Let me know so I can assist further
$SOL is time to buy it will go to 170 Solana (SOL) is currently trading at $142.11, with a 6.62% increase in the last 24 hours. The market capitalization stands at $75.90 billion, and its 24-hour trading volume is $7.65 billion. ¹ ²
*Recent Developments:*
- Solana spot ETFs recorded a total net inflow of $45.8 million on December 2nd. - Solana Virtual Machine (SVM) has been integrated into Bitcoin Layer 2, leveraging parallel processing for sub-second finality and low fees. - A phishing attack on Solana wallets led to over $3 million in assets stolen.
*Price Predictions:*
- Analysts predict a potential recovery toward the $170-$190 range by December 2025, driven by ecosystem strengthening and institutional adoption. - The upper limit might reach an impressive $259.20, with an average trading price of $244.68.
Ethena (ENA) is a cryptocurrency with a current price ranging from $0.434223 to $0.453959 USD, depending on the source and time of update. Its market capitalization stands between $3.08 billion and $3.25 billion, with a circulating supply of approximately 7.16 billion ENA tokens.
*Key Statistics:*
- *Current Price*: $0.434223 to $0.453959 USD - *Market Capitalization*: $3.08 billion to $3.25 billion - *Circulating Supply*: 7.16 billion ENA tokens - *Total Supply*: 15 billion ENA tokens - *24-hour Trading Volume*: $429,725,406 to $463,083,438 USD
*Price Changes:*
- *24-hour Change*: -3.98% to 1.25% - *7-day Change*: 0.28% to 4.43% - *30-day Change*: -26.42% to -29.21%¹ ² ³
*What's Behind ENA?*
Ethena Labs is the creator of USDe, a synthetic dollar protocol built on Ethereum, aiming to provide a stable, scalable form of money within the crypto-native space without relying on traditional banking systems.⁴
#BinanceHODLer0G remember $ENA lovers this coin will go down further to .060800to .06500 can buy now but can wait also to keep some more $ENA in your wallet that is not financial advice any with can take risk on his or her own research
$SOL #FedRateCut25bps #USBitcoinReserveDiscussion Solana (SOL) is currently trading around $238-$239, with a 24-hour trading volume of approximately $4.2-$5.2 billion. Its market capitalization stands at $129-$132 billion, ranking it #6 among cryptocurrencies.
*Key Statistics:*
- *Market Cap*: $129-$132 billion - *24-hour Trading Volume*: $4.2-$5.2 billion - *Circulating Supply*: 543 million SOL - *Total Supply*: 610 million SOL - *All-time High*: $294.85 (January 19, 2025)
*Recent Price Movement:*
- *24-hour Change*: +0.85% to +1.16% - *7-day Change*: +0.30% to +0.79% - *1-month Change*: +32.11% to +40.09% - *1-year Change*: +59.24% to +76.09%
*Recent Developments:*
- *Solana Treasury Company*: Brera Holdings rebranded as Solmate, launching a digital asset treasury initiative with $300 million in funding from UAE-based Pulsar Group, ARK Invest, and RockawayX. - *Grayscale ETF*: Grayscale launched a multi-crypto fund including SOL, XRP, and ADA, following the SEC's approval of generic listing standards for crypto ETFs.
#BNBBreaks1000 $ENA #USBitcoinReserveDiscussion #GoldHitsRecordHigh Ethena (ENA) is a synthetic dollar protocol built on Ethereum, providing a crypto-native solution for money not reliant on traditional banking system infrastructure. Here's an update on ENA coin:
*Current Price:* The live ENA price in USD is between $0.6669 and $0.6726, with a 24-hour trading volume ranging from $19.98 million to $526.12 million.
*Market Performance:* - *Market Cap:* $4.59 billion to $4.84 billion, ranking #30 to #42 among cryptocurrencies. - *24-hour Change:* -4.01% to -4.78%, reflecting recent market volatility. - *7-day Change:* -10.34% to -13.90%, indicating a short-term downturn. - *30-day Change:* +3.63% to +10.08%, showing a positive trend in the past month. - *1-year Change:* +63.71% to +216.21%, demonstrating significant growth over the past year.¹ ² ³
*Key Statistics:* - *Circulating Supply:* 6.89 billion ENA tokens. - *Total Supply:* 15 billion ENA tokens. - *All-time High:* $1.5169718881109548 on April 11, 2024. - *All-time Low:* $0.19527090297328784 on September 6, 2024.
*Recent Developments:* - Ethena recently conducted an airdrop of 750 million ENA tokens, constituting 5% of the total supply, to reward participants in its shard campaign. - YZi Labs, a family office associated with Binance's CEO, has increased its stake in Ethena Labs, further supporting the project. - Ethena's USDe total value locked (TVL) has reached $13 billion, demonstrating growing adoption.⁴
$ENA ENA A/USDT SHORT TRADE SIGNAL ⚡ The market shows weakness as $ENA faces selling pressure near key resistance levels. Bears are likely to push the price lower in the short term. Trade Setup: Entry: 0.6786 Stop Loss: 0.6924 Target 1: 0.6730 Target 2: 0.6680 Target 3: 0.6600 Key Levels: Resistance 0.6924 | Support 0.6600 Margin: 2–3% of wallet Leverage: 10x Market Outlook: Price may continue trending downwards if it fails to break above 0.6924, giving a strong short-term bearish opportunity.
Born in Lahore, Khan graduated from Keble College, Oxford. He began his international cricket career in a 1971 Test series against England. Khan learned reverse swing bowling from Sarfraz Nawaz and passed on this technique to Wasim Akram and Waqar Younis, who developed and popularised it in subsequent years. He was named one of the Wisden Cricketers of the Year in 1983. Khan is also credited with advancing the idea of neutral umpiring in cricket during his captaincy. Khan led Pakistan to its first-ever Test series victories in India and England during 1987. He was awarded the International Cricketer of the Year award in 1989. Playing until 1992, he captained the Pakistan national cricket team for most of the 1980s and early 1990s. He initially decided to retire after the 1987 Cricket World Cup; however, at the request of President Zia-ul-Haq, he returned to lead the team in 1988 and ultimately guided Pakistan to its first Cricket World Cup victory in 1992. In addition to achieving the All-Rounder's Triple, Khan holds the world record for the most wickets, along with the second-best bowling figures in an innings as a captain in Test cricket. Moreover, he has won the most Player of the Series awards in Test cricket for Pakistan and ranks fourth overall in Test history. Khan has often been compared to Franz Beckenbauer in terms of his popularity and influence in Pakistan. In 2009, he was inducted into the ICC Cricket Hall of Fame.
Born in Lahore, Khan graduated from Keble College, Oxford. He began his international cricket career in a 1971 Test series against England. Khan learned reverse swing bowling from Sarfraz Nawaz and passed on this technique to Wasim Akram and Waqar Younis, who developed and popularised it in subsequent years. He was named one of the Wisden Cricketers of the Year in 1983. Khan is also credited with advancing the idea of neutral umpiring in cricket during his captaincy. Khan led Pakistan to its first-ever Test series victories in India and England during 1987. He was awarded the International Cricketer of the Year award in 1989. Playing until 1992, he captained the Pakistan national cricket team for most of the 1980s and early 1990s. He initially decided to retire after the 1987 Cricket World Cup; however, at the request of President Zia-ul-Haq, he returned to lead the team in 1988 and ultimately guided Pakistan to its first Cricket World Cup victory in 1992. In addition to achieving the All-Rounder's Triple, Khan holds the world record for the most wickets, along with the second-best bowling figures in an innings as a captain in Test cricket. Moreover, he has won the most Player of the Series awards in Test cricket for Pakistan and ranks fourth overall in Test history. Khan has often been compared to Franz Beckenbauer in terms of his popularity and influence in Pakistan. In 2009, he was inducted into the ICC Cricket Hall of Fame. Founding the Pakistan Tehreek-e-Insaf (PTI) in 1996, Khan won a seat in the National Assembly from his hometown of Mianwali in the 2002 general election. PTI became the second-largest party by popular vote in the 2013 election, and five years later, running on a populist platform, PTI formed a coalition government with independents, with Khan as prime minister. Khan's government inherited a balance of payments crisis and sought bailouts from the IMF. He presided over GDP growth after initial contraction, implemented austerity policies, and increased tax collection. His government committed to a renewable energy transition, launched the Ehsaas Programme, and the Plant for Pakistan initiative, and expanded the protected areas of Pakistan and Sehat Sahulat Program. The reforms and actions undertaken during his time in office were largely responsible for Pakistan's removal from the FATF greylist, though the official exit occurred shortly after his tenure. He presided over the COVID-19 pandemic, which caused economic turmoil and rising inflation in the country. In April 2022, Khan became the first Pakistani prime minister to be removed from office through a no-confidence motion. $BTC $XRP $BTC
#USLowestJobsReport Doha, Qatar – Six coffins – five of them draped in Palestinian flags, one in a Qatari flag – were laid before the hundreds gathered for funeral prayers at Doha’s Imam Muhammad ibn Abd al-Wahhab Mosque.
Sitting in the front row of the congregation on Thursday was Qatar’s Emir Sheikh Tamim bin Hamad Al Thani. He was there to honour those killed in an Israeli attack this week that has shaken Qatar.
Among those killed was Lance-Corporal Badr Saad Mohammed al-Humaidi al-Dosari, a 22-year-old member of the Internal Security Forces. In the crowd after the prayers, the emir comforted a young boy with tears rolling down his cheeks.