China is going into full-war mode with the US.
First, it imposed 34% tariffs on US goods after Trump's reciprocal tariff announcement.
Then it announced a ban on the import of US films into China.
And just a few hours ago, China said it will "fight to the end" after Trump's additional 50% tariff threat.
But this is just one part of the picture.
There's something else China is doing that is causing a lot of harm to the US and Trump's goal.
I'm talking about the "dumping of T-bills."
Since Liberation Day, China has sold $50 billion in T-bills.
Why is this bad for the US?
Right now, the primary goal of the US government is to dump Treasury yields.
They want lower yields to refinance their debt cheaply.
But China’s dumping is putting all their efforts in vain.
With China dumping T-bills, bond values are falling and yields are rising.
This is why T-bill yields are now at the same level as on Liberation Day.
This is despite market uncertainty and US stocks erasing over $7T.
But there's something even worse.
As per the Treasury Department website, China holds $760.8 billion in T-bills as of Jan 2025.
This means they have a lot more T-bills to dump and push yields higher.
And what will happen if yields don't come down?
The FED will not pivot, and the US government will have to pay a lot more to refinance their debt.
This is why the stock and crypto markets are dumping continuously as the US vs. China trade war gets uglier.
Until there's some resolution, I'm expecting this carnage to continue.
Zooming out on charts and OGs like $IOTA starting to look quite interesting
Sitting at one of its most important supports – proven, tested, and every touch has led to a rally when paired with solid catalysts
Catalysts lining up this time:
• IOTA Rebased (one of the biggest updates)
• Launching a parallelized MoveVM (same stack as Sui/Aptos)
• OG status while listed on T1s
Also Rebased gonna be a real turning point for bringing RWAs and tokenied assets on @iota
And since it’s one of the oldest in the game, it already has ties with countries and institutions like Kenya, the EU, TradeMark Africa, and TLIP to make that happen.
So yeah, worth keeping an eye on 👀
The best edge $CAT has is that it's the only cat memecoin listed on Binance.
And still think it will outperform other coins of its narrative.
Monster bullish divergence in the making.
$CAT
Today starts a new chapter in history of USA 🇺🇸
Today starts a new chapter in history of crypto ₿
Today starts a new chapter in history of $CAT SZN 😼
Announcing the launch of our brand new platform coming this week⌛️
Forget the fleeting meme trends; $CAT on @Binance is the real deal! As the only cat-themed token on this major exchange.
Market indicators suggest $CAT is on the brink of a major uptick.
@SimonsCatMeme#CAT#CatSzn
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✅ CAT Deposits & Withdrawals (BSC): Opened
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Addressing some of the most common questions asked within the community about $BADAI airdrop to on-chain $CAT holders here:
Q. Which tokens will be counted for this set of airdrop?
A. Only $CAT held on-chain (on any web3 wallet that is not a CEX) is qualified for this set of airdrop.
Q. Will my tokens held on any CEX count for this set of airdrop?
A. No, your holdings on CEX won't count for the airdrop.
Q. Are you planning to support any airdrop for $CAT holders on CEX?
A. We are planning to support a CEX for the airdrop but it will have a separate snapshot date so current holders can simply move their tokens on-chain to participate in this airdrop.
Q. Is there a separate percentage reserved for this CEX?
A. Yes, in case we end up supporting this said CEX then a percentage of airdrop will be divided between it and on-chain airdrop. Please stay tuned for more details on this.
Q. What's the best place to hold $CAT to qualify for this on-chain airdrop?
A. $CAT holders simply need to hold their tokens onchain on any web3 wallet such as Rabby, MetaMask, TrustWallet etc. to qualify for this airdrop.
However, do note that a second snapshot will be taken a day prior to the airdrop to make sure only people who still hold the same amount of tokens are rewarded. Announcement regarding this will be made a week prior to inform everyone.
Q. Is $BADAI anyway related to $CAT?
A. We are excited to join our friends at @RealFlokiInu to support $BADAI airdrop. There is no other relationship or shared token utility between the projects. BAD AI is however also building an AI agent for Simon's Cat that should be going live soon.
We hope this answers all the basic questions about the airdrop. Please be mindful of the minimun eligibility and snapshot timing to qualify for the airdrop as mentioned in the tweet below.
May $CAT SZN keep bringing us all good fortunes 😼
$CAT SZN has arrived on HashKey Global, the flagship digital asset exchange under HashKey Group who manage over Billion dollars in assets as an entity 😼
Trade here: https://t.co/ari7B4pfsh
Ripple spent over $100,000,000 to prove that $XRP is not a security -- now they are switching from defense to offense.
Most people still think this is just a payments company -- and they couldn't be more wrong.
Here is what you should know as $XRP enters this next phase: