Trump wants to make cryptocurrency a national strategic currency
Currently, relevant US lawmakers are already working on submitting the bill
However, as long as Biden is present, it is unlikely to pass
Currently, Harris also wants to increase some votes in the Bitcoin circle
It may be announced in future elections to increase the number of votes
Another is TikTok, which Biden is going to ban
Trump supports TikTok to increase the vote rate,
Currently, Harris also has this tendency for votes
In the future, no matter who comes to power, the probability of the bill passing is still relatively high, so the market The reflected upward trend is relatively strong
Because of the Bitcoin Conference, the cryptocurrency market has become hot again.
Now we just have to wait for Trump to come to power and fulfill this plan
At present, the good news of Bitcoin has almost been digested
The subsequent rise is not expected to exceed the previous height
The main good news is just a proposal, and the news has not been implemented yet
It can only be implemented when Trump becomes president, but it is difficult to become president at present
Currently, Harris' votes exceed Trump's
It will be a big benefit to the cryptocurrency market if Trump's votes exceed Harris's again
Although Trump is temporarily behind, I think there is a high probability that he will reverse
Musk is currently publicly supporting Trump's election on Twitter
And attached: After Trump loses the election, the United States may be the next Venezuela
The United States will be in a state of turmoil.
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Dogecoin has broken through the psychological barrier in the past few days and completed a retracement, opening the door for an upward trend in the future. The price has consolidated above $0.13, which suggests that the coin is preparing to reach $0.15. However, a small obstacle may hinder the progress of the rebound, but the bulls seem ready to maintain a strong upward trend in the future.
DOGE price has broken through the descending trendline and entered a new bullish period. The RSI maintains a strong upward trend, while the Ichimoku Cloud is about to turn bullish. Therefore, Dogecoin price is expected to maintain an upward consolidation and enter a decisive range above $0.145. Here, the bulls are expected to show strength; otherwise, another break below $0.12 seems imminent.
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As a Republican presidential candidate, Trump has increasingly emphasized Bitcoin in his campaign and may plan to use Bitcoin as a strategic reserve asset for the United States.
In his speech, he may talk about the possibility of Bitcoin as a reserve asset for the United States, which highlights his growing support for the cryptocurrency industry.
The Bitcoin Conference also has the following fee packages
Fees and event detailsVIP reception package: US$844,600 per person (approximately 13 Bitcoins), Including VIP reception, roundtable meeting and photo with Trump. US$60,000 per person or US$100,000 per two people, Including VIP reception and photo with Trump.
Payment method: Supports US dollars or cryptocurrency payments.
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I haven't looked at the coin saga for two days. I clicked it today and it has risen a lot. This wave of increase directly saw more than 1.5.
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What do you think about the stablecoin that JD Coin Chain Technology is about to launch in Hong Kong, which is pegged to the Hong Kong dollar at a 1:1 ratio?
At present, the stablecoins in the market mainly include USDT, USDC, BUSD, TUSD, etc. They are mainly exchanged 1:1 with the US dollar as the benchmark and pegged to the US dollar.
The emergence of JD Coin Chain actually reflects China's attitude towards cryptocurrencies. If cryptocurrencies are only tied to the US dollar, then the instability is self-evident.
If there is a systemic financial crisis in the US dollar system, then USDT, as a stablecoin, will also depreciate. At this time, as a currency other than the US dollar, the Hong Kong dollar may be one of the currencies used as a guarantee.
Although the Hong Kong dollar is issued based on the US dollar, the Hong Kong dollar is backed by China. As long as the Hong Kong dollar is directly pegged to the RMB in the future, this risk can be resolved, and a large amount of funds will flow from Hong Kong to the mainland.
Although we have no way of knowing what the subsequent disposal methods will be, I believe that the Hong Kong dollar will not collapse with the collapse of the US dollar.
A problem can be reflected from the side, that is, the currency circle will not collapse directly. The current cryptocurrency used in the market is backed by the US dollar, and may be backed by the RMB or other currencies of countries that support cryptocurrency.
Trump's votes were 2% lower than Harris's yesterday. This is a negative for the cryptocurrency circle. Musk spoke to reporters yesterday: He said that he said yesterday that the dollar would collapse and become worthless. Because of the gender recognition incident in California, his favorite eldest son became a daughter. Since his son changed his gender, his son has died. He said that he must destroy LGBT (gender recognition). Musk is ready to move all factories from California to Texas. From this incident, it can be seen that Musk will fully support Trump's election. Another piece of news is that Trump's supporters said when they were canvassing for Trump that if Trump cannot be elected, then the United States will usher in a civil war to solve it. Follow Brother Dayang. #美国以太坊现货ETF开始交易 #拜登退选 #币安7周年 #BTC #比特币大会
The end of petrodollars, Bitcoin dollars are coming
Trump has been looking for a way to solve the problem of dollar debt
Biden's previous method of harvesting the global economy is no longer feasible
The last time the United States successfully solved more than 30 trillion US debts was Roosevelt
He linked the dollar to Bitcoin and controlled oil prices.
Successfully reduced the dollar debt to a controllable range, plus a series of policies.
Trump's attitude towards Bitcoin has changed 180 degrees.
In order to solve domestic debts, Bitcoin may be legalized and then tied to the dollar
It may be announced that only the US dollar can be exchanged for Bitcoin, similar to oil
Then various laws will be issued to facilitate the entry of mutual exchange.
This is just a fantasy, but this possibility cannot be ruled out. The current debt is already catastrophic
It is possible that Trump will try his best. Trump previously asked a cryptocurrency investor whether cryptocurrency could solve the current US debt problem
Buffett reduced his stake in Bank of America by $1.5 billion. Is Bank of America going to collapse?
Warren Buffett recently reduced his stake in Bank of America by about 33.89 million shares through Berkshire Hathaway, cashing out about $1.476 billion.
This is the first time he has reduced his stake in the bank since 2020, which has attracted market attention. The reduction may be due to capital rebalancing, risk management or tax planning considerations.
Although the market has fluctuated in the short term, Buffett's investment philosophy emphasizes long-term value investment, indicating that he attaches more importance to the fundamentals and long-term development of the company.
Investors should look at this move rationally and make decisions based on their personal investment goals and risk tolerance.
The market is currently stabilizing, and the news is very important. Recently, a potential coin that is ready to explode has been ambushed. Leave a comment: 666 Follow up
The cryptocurrency exchange blames regulatory pressure and “compliance requirements” from the local financial regulator as the reason for the termination of services.
Crypto exchange Gate.io has begun shutting down services for Japanese customers, citing “compliance requirements” from the country’s financial regulator.
Gate.io announced the termination of services for all Japanese customers in a July 22 announcement, saying it would assist affected customers in migrating their assets.
As of July 22, the Cayman Islands-based exchange will suspend opening new accounts for all Japanese customers.