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Elgabo
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Elgabo
@elgabocrypt
Decoding world events to reveal what truly matters for crypto | Crypto is risky, volatile & dangerous | All tweets are NFA |
Midgard Katılım Haziran 2024
611 Takip Edilen595 Takipçiler
Who needs 5k followers tonight ?
Just type = Me 🙋♀️🙋♀️🙋♀️
We’ll follow you immediately ❣️❣️❣️
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🌋 “METEOR HITS PHILIPPINE VOLCANO” DEBUNKED
That viral clip of a meteor supposedly hitting Mayon Volcano? PHIVOLCS says it did not actually strike the slopes.
The bright object reportedly disintegrated in the atmosphere near Mayon, creating a rare-looking flash on camera.
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@CoinMarketCap This is what happens when innovation outruns regulation, each country draws its own line.
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LATEST: 🇮🇩 Indonesia has blocked Polymarket over online gambling laws, joining Brazil and Argentina in restricting the prediction market platform.
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@elgabocrypt Elgabo, yeah those GDP numbers look decent on paper but when everyday prices keep climbing it doesn't feel like progress for most folks.
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🇳🇬 3.89% GDP GROWTH, BUT HARDSHIP STILL HITS NIGERIANS HARD
Despite widespread hardship, rising food costs, and growing frustration across many Nigerian households, the government has reported a 3.89% GDP growth for Q1 2026.
On paper, that figure suggests economic expansion. But for millions of Nigerians, the lived reality tells a different story, one defined by:
> Increasing cost of food and basic goods
> Rising transportation and fuel expenses
> Pressure on small businesses and informal traders
> Persistent unemployment and underemployment
> A general feeling that income is not keeping up with inflation
This gap between macroeconomic data and everyday experience is exactly what is fueling public debate and skepticism.
To be clear, GDP growth measures total economic output but it doesn’t automatically reflect how evenly that growth is distributed, or whether it reaches ordinary citizens. In economies with high inequality and strong informal sectors like Nigeria, that disconnect can feel even sharper.
So while officials highlight the 3.89% growth as a sign of progress, many Nigerians are asking a different question:
“Growth for who, exactly?”
At the end of the day, statistics matter but so does what people can actually afford, what they feel in their pockets, and whether daily life is getting easier or harder.
Because when the numbers look positive but the streets feel pressured, that gap becomes the real headline.
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Best case: Bitcoin bottoms at the 200 WMA.
Worst case: Bitcoin bottoms at the 300 WMA.
We're not at either yet.
Both paths point lower for $BTC from here.
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New edition of the RC Newsletter is out!
Bitcoin - New Lower Highs Developing?
Bitcoin would ascend level by level in recent weeks, but is now losing those same levels
Sign up here:
newsletter.rektcapital.co.uk/bitcoin-new-lo…
#BTC #Crypto #Bitcoin
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The market is experiencing a historic run:
The S&P 500 has posted 8 consecutive weekly gains, the longest streak since 2023.
This is also the 2nd-longest winning streak in 23 years.
Over this period, the index has rallied +17% and surpassed 7,500 for the first time in history.
Historically, there have only been 6 other periods when the index advanced for 8+ consecutive weeks with gains exceeding +12%.
In those instances, the S&P 500 returned an average of +4% over the following 12 weeks and +17% over the following 12 months.
If the streak extends to 10 weeks, it would be the longest since 1985, when the index went on to gain for 12 consecutive weeks.
The bulls are firmly in control.
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🚨 THIS IS BIG
Iran reportedly says it will only reopen the Strait of Hormuz 30 days after a final US agreement to completely end the fighting.
The current ceasefire could also reportedly be extended by another 60 days.
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🚨U.S. TREASURIES SAW A $138B SELL-OFF IN MARCH
Foreign holders sold a combined $138.4 BILLION in U.S. Treasuries in March 2026, per Q1 data.
Japan led with $47.7B and China at $41 BILLION.
Other major sellers were Luxembourg, Taiwan, Saudi Arabia, India, Canada, and the UAE.
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🇷🇺RUSSIA THREATENS MORE KYIV STRIKES
Russia warned it may hit Kyiv’s “decision-making centers” and urged foreigners to leave the city.
Moscow’s message signals another escalation against Ukraine’s capital.
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BREAKING NEWS:
🇺🇸🇮🇷 🇨🇳 IRAN IS READY TO TRANSFER HIGHLY ENRICHED URANIUM.
SENIOR SOURCES REPORT THAT IRAN IS PREPARED TO TRANSFER ITS URANIUM TO CHINA.
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