Breaking: President-elect Trump and promises of economic change
Breaking: President-elect Trump promises bold economic changes, saying: "We will cut taxes, reduce regulations, raise wages, and boost incomes at a pace the world has never seen before."
President-elect Donald Trump has affirmed his commitment to policies designed to stimulate economic growth and raise wages. In a recent statement, he emphasized his plans to cut taxes, eliminate regulations, raise wages, and drive income growth at an unprecedented pace.

Breaking: President-elect Trump promises bold economic changes, saying: "We will cut taxes, reduce regulations, raise wages, and boost incomes at a pace the world has never seen before."
President-elect Donald Trump has affirmed his commitment to policies designed to stimulate economic growth and raise wages. In a recent statement, he emphasized his plans to cut taxes, eliminate regulations, raise wages, and drive income growth at an unprecedented pace.

President-elect Donald Trump said he’d like to create a strategic crypto reserve to position the nation as the leader of the digital assets sector.Since the election, bitcoin has jumped from about $68,000 to as much as $103,000.

President-elect Donald Trump said during the election he wanted to create a federal bitcoin reserve; now, he appears to believe a strategic cryptocurrency reserve could be necessary if the United States wants to secure its place as the industry leader in digital assets.
"You're embracing crypto," said CNBC's Jim Cramer told Trump when interviewing him on television Thursday. Cramer then asked: "Strategic petroleum reserve-like for crypto?"
"I think so," Trump answered. "We're gonna do something great with crypto, 'cause we don't want China, or anybody else, not just China, others are embracing it, and we want to be the head."
Since the final stages of this year's presidential election, Trump has increasingly leaned into supporting crypto despite being skeptical of digital assets in previous years. Then, in July, Trump won the support of many crypto advocates when he said he'd fire SEC chair Gary Gensler in addition to creating a “strategic bitcoin reserve” if elected. After that, a Trump-backed crypto project called World Liberty Financial was launched.
$BTC price has been on the upswing since Trump won the election last month. The president-elect would also "love” for bitcoin to reach $150,000 during his presidency, according to a report from Axios this week.

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Former President Donald Trump has long been a figure of influence in the American political and business landscape, and his recent focus on reshaping the regulatory framework for cryptocurrencies could reverberate far beyond the borders of the United States. Trump's stance on cryptocurrency regulation is gaining traction, not only due to his political clout but also because it may offer a new direction for digital assets on a global scale. As governments around the world grapple with how to regulate the fast-evolving digital currency sector, Trump's approach could have a profound impact on global markets.
The Cryptocurrency Landscape Under Trump’s Vision
Trump's approach to cryptocurrency regulation is centered around creating a clearer, more structured environment for digital assets to thrive while ensuring that the U.S. remains competitive in the growing digital economy. While specifics of his policy have yet to be fully detailed, Trump has voiced strong opinions on reducing over-regulation, which has been a significant concern for many digital asset proponents in the U.S.
As of now, cryptocurrency regulation in the U.S. is fragmented. Various federal agencies, such as the SEC (Securities and Exchange Commission) and CFTC (Commodity Futures Trading Commission), have differing opinions on how digital assets should be classified, leading to uncertainty and inconsistency in enforcement. Trump’s plan seeks to streamline this regulatory framework and foster innovation without stifling market growth, a vision that could provide more stability for investors and companies involved in the crypto industry.
A Global Perspective: Implications for International Markets
The U.S. remains one of the world’s largest markets for cryptocurrencies. A policy shift by the American government could ripple across the global landscape, particularly in emerging economies where cryptocurrency adoption has been growing rapidly. Countries like El Salvador, which has adopted Bitcoin as legal tender, and numerous others in Asia and Africa, have demonstrated a willingness to adopt decentralized currencies as an alternative to traditional banking systems.
If Trump’s regulatory framework is perceived as more business-friendly, it could encourage other countries to follow suit, thereby creating a more unified global regulatory approach. This would be particularly relevant for nations considering the introduction of their own central bank digital currencies (CBDCs). Trump’s stance could also influence other global financial hubs like the European Union, Japan, and China, prompting them to reassess their own regulatory environments to stay competitive.
On the flip side, countries with more stringent regulatory frameworks could become more isolated from the cryptocurrency market, potentially hindering their financial sector’s ability to innovate and grow alongside the global digital asset movement.
Potential Benefits: Fostering Innovation and Growth
Trump’s call for less over-regulation in the cryptocurrency space is likely to resonate with many players in the market. As innovation continues to accelerate in blockchain technology, clear and supportive regulations could help facilitate new business models, financial products, and investment opportunities. For instance, the development of decentralized finance (DeFi) platforms, non-fungible tokens (NFTs), and tokenized assets could benefit from a more defined legal landscape that encourages investor confidence.
Additionally, more transparent regulation could attract institutional investors who have been hesitant to dive into the crypto space due to concerns about unclear and inconsistent legal frameworks. Clearer rules could foster partnerships between traditional financial institutions and crypto companies, promoting the growth of crypto-related investment vehicles like exchange-traded funds (ETFs) and futures markets.
Concerns: Risks of Under-Regulation
While Trump’s plan to reduce regulatory burdens may appeal to the industry, it also raises concerns about the potential risks of under-regulation. Critics argue that loosening regulations could make the market more susceptible to fraud, market manipulation, and illegal activities like money laundering. In a rapidly evolving market like cryptocurrency, inadequate oversight could lead to significant financial instability or create opportunities for malicious actors to exploit gaps in the system.
Furthermore, Trump’s deregulatory approach could also lead to a lack of consumer protection, leaving investors exposed to risks from unvetted or fraudulent projects. The collapse of major crypto firms like FTX has highlighted the need for stronger protections for retail investors, and a hands-off approach might fail to address these concerns adequately.
Conclusion: A Fork in the Road for Global Cryptocurrency Regulation
Trump’s push for reshaping cryptocurrency regulation could be a turning point for the industry, with far-reaching effects on global markets. His stance on reducing regulatory burdens may unlock opportunities for innovation, but it also comes with risks. The balance between fostering growth and ensuring stability will be key to determining whether his vision succeeds in creating a sustainable crypto ecosystem.
As nations around the world look to adapt to the rapidly changing digital currency landscape, the U.S. will play a pivotal role in shaping global policy. Trump’s proposed regulatory framework, if enacted, could set the stage for a more interconnected and regulated global cryptocurrency market, but the outcome remains uncertain. What is clear is that the future of cryptocurrency regulation will continue to be a hotly debated issue with significant implications for both investors and global economies.
#TrumpCryptoSupport
#TrumpInPump

Bitcoin reached a new all-time high of $93,400 before settling around $90,000, as traders closely watch its move toward the $100,000 milestone.
On Thursday, Bitcoin surpassed the $93,000 mark, continuing its strong upward momentum. This surge is largely attributed to growing optimism about a potentially crypto-friendly regulatory approach from President-elect Donald Trump, as well as expectations that the US Federal Reserve may cut interest rates further. At its peak, Bitcoin touched $93,400 before pulling back slightly to $90,000, with traders keeping a close eye on the path toward $100,000.
Bitcoin’s Recent Rally
Bitcoin's recent rally has been impressive, with the cryptocurrency climbing nearly 6% in the US market. It briefly reached a record high of $93,462 before retreating to $89,974 by Thursday morning in Singapore. By 9:25 AM, Bitcoin was trading around $90,077, giving it a market capitalization of $1.78 trillion.
Market Indicators and Bullish Sentiment
Both technical and fundamental indicators suggest that Bitcoin’s momentum remains strong. The Fear and Greed Index, which gauges market sentiment, is currently showing "Extreme Greed," signaling high confidence among investors.
Edul Patel, CEO of Mudrex, noted that over $850 million in Bitcoin options are positioned at the $100,000 mark, reflecting strong trader belief in Bitcoin’s continued rise. He highlighted that Bitcoin's next resistance level is at $94,200, with key support at $85,500.
Patel commented, “Bitcoin has resumed its rally, reaching a new all-time high of $93,400 and stabilizing around $90,000. Technical and fundamental indicators suggest continued strength, with the Fear and Greed Index showing 'Extreme Greed.' The $100,000 level remains a key target, and traders are confident in this rally.”
Trump’s Pro-Crypto Stance
A key factor driving Bitcoin's recent rise is Donald Trump’s pro-crypto stance. Trump has expressed interest in creating a more favorable regulatory environment for digital assets, which has fueled optimism among cryptocurrency enthusiasts. Many believe that such policies could make the market more attractive and push Bitcoin closer to the $100,000 mark.
It’s also reported that between 30% and 40% of Americans now hold some form of cryptocurrency, a number that could grow further if crypto-friendly policies are implemented.
While some speculators expect Bitcoin’s price to continue rising, others warn that profit-taking could occur following its 33% increase since the US election on November 5.
Inflation Data and Its Potential Impact
Another factor influencing Bitcoin’s price is the upcoming release of the US Consumer Price Index (CPI), which is closely watched as an indicator of inflation. A lower-than-expected CPI could provide additional momentum for Bitcoin.
Avinash Shekhar, Co-founder and CEO of Pi42, explained, “If the CPI data shows inflation is decreasing, it could accelerate Bitcoin’s climb towards $100,000, potentially reaching that milestone by March or April next year.”

#BTC #TrumpInPump #AI #BTCBreaks93k #MemecoinWars $BTC

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The content emphasizes providing valuable information and encourages readers to research before investing, reminding them that they are solely responsible for their crypto transactions and should exercise caution and due diligence.