* Capital Gains Tax is a tax assessed on the positive difference between the selling price of an asset and its original purchase price.
If this policy is implemented, Americans will not have to pay taxes on profits from holding crypto assets like $ADA, $ALGO, $XRP, and $HBAR
However, there will also be a process to allow foreign companies to relocate to the US to benefit from this regulation, which is part of the Trump administration's strategy to make the US a leading hub for cryptocurrencies.

US data on Thursday showed that the US PPI annual rate in October was 2.4%, higher than the expected value of 2.3%. The previous value was revised up from 1.8% to 1.9%. The US PPI monthly rate in October was 0.2%, in line with expectations of 0.2%. The previous value was revised up from 0% to 0.1%. The number of initial jobless claims for the week was 217,000, lower than the expected value of 223,000 and lower than the previous value of 221,000. After the release of PPI (one of the inflation indicators, the Producer Price Index) and initial jobless claims data, US stock indexes opened lower, with the Nasdaq down 0.5%. Markets are still betting on a rate cut from the Fed, with an 82% chance of a third rate cut at the Fed's December meeting (up from 75% a day earlier).

$DOGE Read before deciding to invest 💵
AdvantagesStrong Community: Dogecoin has a large and enthusiastic user community, which can help maintain and increase the value of the coin.
🐶Support from celebrities: Influencers like Elon Musk have publicly endorsed Dogecoin multiple times, which could boost its value.
🐶Fast transaction speed: Dogecoin has much faster transaction speed than Bitcoin and Ethereum, and transaction fees are also lower.

⚠️ Attention: Scammers are increasingly targeting cryptocurrency traders on P2P platforms, using more sophisticated methods. While peer-to-peer (P2P) trading may seem like a safe way to buy and sell cryptocurrency, scammers are ready to exploit any weakness. Here's how to recognize common scams and protect your transactions:

My advice to him is to stay calm. In this round, the altcoin market is without a bull market. In March of this year, Bitcoin's market capitalization ratio surpassed 0.05, and at that time, altcoins usually surged.
Then, there was a seven-month period (volatility) and decline, with the underlying altcoins dropping below historical lows. It wasn't until Trump took office that strong news "stimulated the market and off-market funds entered. Yesterday, the market capitalization ratio surpassed 0.08, but when Bitcoin (strongly) surpassed 90,000, altcoins collectively declined, with some altcoins even surpassing historical lows.