elections2024
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Proposed 25% Tax on Unrealized Capital Gains: A Recipe for Disaster?
Kamala Harris' plan to tax unrealized capital gains has sparked controversy. Here's how it works:
- Buy shares for $100,000, and their value rises to $150,000.
- You'd owe 25% tax on the $50,000 gain, despite not selling or making a profit.
- If the stock's value drops back to $100,000, you've paid tax on a gain that no longer exists.
This proposal could lead to:
- Forced selling of assets to cover tax bills, harming long-term investment and economic growth.
- A potential stock market crash and another Great Depression.
Share your thoughts on this proposal in the comments! #elections2024 #kamalaharris #BTC☀ #BinanceLaunchpoolDOGS
Kamala Harris' plan to tax unrealized capital gains has sparked controversy. Here's how it works:
- Buy shares for $100,000, and their value rises to $150,000.
- You'd owe 25% tax on the $50,000 gain, despite not selling or making a profit.
- If the stock's value drops back to $100,000, you've paid tax on a gain that no longer exists.
This proposal could lead to:
- Forced selling of assets to cover tax bills, harming long-term investment and economic growth.
- A potential stock market crash and another Great Depression.
Share your thoughts on this proposal in the comments! #elections2024 #kamalaharris #BTC☀ #BinanceLaunchpoolDOGS
🚨🛑 URGENT: WHAT'S GOING ON WITH THE BTC PRICE? 🛑🚨
In the past week:
- Trump speaks at Bitcoin conference, promises a strategic reserve
- Harris is reaching out to crypto industry to "reset"
- Ethereum ETFs launch
- Fed confirms September pivot
- Goldman CEO predicts BTC to rival gold
- SEC drops "securities" designations on numerous alts
And we are STILL down on the week? 🤷♂
Not too long ago these types of news would catapult Bitcoin to new highs, now it seems like even the most bullish news don't matter!
📉 Why do you think that is & did you observe the same??
Seems like something big is going on!
👇 Drop your best guess below!
#bitcoinpricealert #bitcoin #trump #elections2024
$BTC $ETH $PEPE
In the past week:
- Trump speaks at Bitcoin conference, promises a strategic reserve
- Harris is reaching out to crypto industry to "reset"
- Ethereum ETFs launch
- Fed confirms September pivot
- Goldman CEO predicts BTC to rival gold
- SEC drops "securities" designations on numerous alts
And we are STILL down on the week? 🤷♂
Not too long ago these types of news would catapult Bitcoin to new highs, now it seems like even the most bullish news don't matter!
📉 Why do you think that is & did you observe the same??
Seems like something big is going on!
👇 Drop your best guess below!
#bitcoinpricealert #bitcoin #trump #elections2024
$BTC $ETH $PEPE
🔥 BITCOIN 2024 CONFERENCE: WILL THE US BE THE 'CRYPTO CAPITAL OF THE PLANET' ???🌍
🔥 At the Bitcoin 2024 conference in Nashville, former President Donald Trump electrified the audience with his bold plan to turn the US into a global bitcoin superpower if elected.
🗣 In his keynote, Trump promised to establish the US as the "crypto capital of the planet" and create a bitcoin strategic reserve using government-held cryptocurrency. This marks a significant shift from his earlier stance against digital currencies.
🔄 Trump announced his intentions to remove SEC Chair Gary Gensler and form a crypto advisory council. He energized the crowd by asking who wanted to join, promising that future regulations would be crafted by industry advocates, not detractors.
📜 "We will have regulations, but from now on, the rules will be written by people who love your industry, not hate your industry," Trump declared, showcasing his newfound support for crypto.
💬 Reflecting on his past skepticism, Trump acknowledged his changed perspective. In 2019, he criticized cryptocurrencies as "highly volatile and based on thin air," but now, his campaign is accepting donations in crypto.
Throughout his nearly 50-minute speech, Trump contrasted his pro-crypto stance with the Biden administration's regulatory efforts. He emphasized his vision of having cryptocurrency "mined, minted, and made" in the US, positioning himself as the champion of the industry.
🔐 He also addressed the controversial issue of law enforcement seizures of digital assets, vowing to transform seized crypto into a national asset to benefit all Americans. Notably, Trump promised to commute the sentence of Ross Ulbricht, the Silk Road founder, garnering cheers from attendees wearing "Free Ross Day One" hats.
Is this entire situation a cheap grab for attention OR did Trump really fall in love with crypto and started to care about the industry?
👇 Drop your opinion below!
#trump #elections2024 #donaldtrump #bitcoin #bitcoinpricealert
$BTC $ETH $BNB
🔥 At the Bitcoin 2024 conference in Nashville, former President Donald Trump electrified the audience with his bold plan to turn the US into a global bitcoin superpower if elected.
🗣 In his keynote, Trump promised to establish the US as the "crypto capital of the planet" and create a bitcoin strategic reserve using government-held cryptocurrency. This marks a significant shift from his earlier stance against digital currencies.
🔄 Trump announced his intentions to remove SEC Chair Gary Gensler and form a crypto advisory council. He energized the crowd by asking who wanted to join, promising that future regulations would be crafted by industry advocates, not detractors.
📜 "We will have regulations, but from now on, the rules will be written by people who love your industry, not hate your industry," Trump declared, showcasing his newfound support for crypto.
💬 Reflecting on his past skepticism, Trump acknowledged his changed perspective. In 2019, he criticized cryptocurrencies as "highly volatile and based on thin air," but now, his campaign is accepting donations in crypto.
Throughout his nearly 50-minute speech, Trump contrasted his pro-crypto stance with the Biden administration's regulatory efforts. He emphasized his vision of having cryptocurrency "mined, minted, and made" in the US, positioning himself as the champion of the industry.
🔐 He also addressed the controversial issue of law enforcement seizures of digital assets, vowing to transform seized crypto into a national asset to benefit all Americans. Notably, Trump promised to commute the sentence of Ross Ulbricht, the Silk Road founder, garnering cheers from attendees wearing "Free Ross Day One" hats.
Is this entire situation a cheap grab for attention OR did Trump really fall in love with crypto and started to care about the industry?
👇 Drop your opinion below!
#trump #elections2024 #donaldtrump #bitcoin #bitcoinpricealert
$BTC $ETH $BNB
💼 Kamala Harris Campaign’s Crypto 'Reset' Faces Tough Scrutiny
As the Harris campaign promises to rebuild relations with the crypto industry, skepticism is on the rise. The US Federal Reserve's crackdown on crypto-friendly banks raises doubts about the sincerity of this reset. On August 9, the Fed issued a 13-page enforcement action against Customers Bank, one of the few crypto-friendly institutions left in the US. This move, according to Tyler Winklevoss, is part of "Operation Choke Point 2.0," aiming to restrict which crypto businesses can access banking services.
Winklevoss argues that such decisions should be in the hands of individual banks, not the Fed. Charles Hoskinson, Cardano's founder, shares this concern, warning that a Harris presidency could escalate what he sees as a "war on crypto."
The Bigger Picture 🌐
This scrutiny comes as part of a broader US government crackdown on crypto, which has already led to the collapse of several crypto-supportive banks. The growing tension underscores the fragile relationship between the US government and the crypto industry, raising important questions about the future of digital assets.
Stay in the loop and hit that follow button!
#elections2024
Your generous Tip help us to provide you top-tier investment advice ❤
#kamalaharris #donaldtrump #politics #bitcoinprice $BTC
As the Harris campaign promises to rebuild relations with the crypto industry, skepticism is on the rise. The US Federal Reserve's crackdown on crypto-friendly banks raises doubts about the sincerity of this reset. On August 9, the Fed issued a 13-page enforcement action against Customers Bank, one of the few crypto-friendly institutions left in the US. This move, according to Tyler Winklevoss, is part of "Operation Choke Point 2.0," aiming to restrict which crypto businesses can access banking services.
Winklevoss argues that such decisions should be in the hands of individual banks, not the Fed. Charles Hoskinson, Cardano's founder, shares this concern, warning that a Harris presidency could escalate what he sees as a "war on crypto."
The Bigger Picture 🌐
This scrutiny comes as part of a broader US government crackdown on crypto, which has already led to the collapse of several crypto-supportive banks. The growing tension underscores the fragile relationship between the US government and the crypto industry, raising important questions about the future of digital assets.
Stay in the loop and hit that follow button!
#elections2024
Your generous Tip help us to provide you top-tier investment advice ❤
#kamalaharris #donaldtrump #politics #bitcoinprice $BTC
💼 Kamala Harris Campaign’s Crypto 'Reset' Faces Skepticism
The Harris campaign's promise to rebuild relations with the crypto industry is under scrutiny as the US Federal Reserve takes stringent actions against crypto-friendly institutions. Critics, including prominent figures like Tyler Winklevoss, question the sincerity of the Vice President's stance on digital assets.
On August 9, the Fed issued a 13-page enforcement action against Customers Bank, a rare crypto-friendly institution in the US. This action requires the bank to notify the Fed 30 days in advance before forming new partnerships with cryptocurrency companies. According to Winklevoss, this is part of "Operation Choke Point 2.0," an effort he believes is aimed at controlling which crypto businesses can access banking services, effectively limiting their operational capacity.
Winklevoss expressed concern over the Fed's increasing control over crypto banking, arguing that such decisions should be decentralized and left to individual banks, not the Federal Reserve.
Cardano founder Charles Hoskinson joined Winklevoss in criticizing the current administration's stance on crypto. He suggests that the Biden administration, and by extension Harris, is hostile toward the industry, warning that a Harris presidency could exacerbate what he views as a "war on crypto."
The Bigger Picture 🌐
This skepticism comes amid a broader crackdown on the crypto sector by the US government, which saw the collapse of several banks supporting crypto businesses earlier this year. The ongoing tension highlights the fragile relationship between the US government and the burgeoning crypto industry, raising questions about the future of digital assets in the country.
Stay updated on the matter and drop a follow!
#elections2024 #kamalaharris #donaldtrump #politics #bitcoinprice
$BTC
The Harris campaign's promise to rebuild relations with the crypto industry is under scrutiny as the US Federal Reserve takes stringent actions against crypto-friendly institutions. Critics, including prominent figures like Tyler Winklevoss, question the sincerity of the Vice President's stance on digital assets.
On August 9, the Fed issued a 13-page enforcement action against Customers Bank, a rare crypto-friendly institution in the US. This action requires the bank to notify the Fed 30 days in advance before forming new partnerships with cryptocurrency companies. According to Winklevoss, this is part of "Operation Choke Point 2.0," an effort he believes is aimed at controlling which crypto businesses can access banking services, effectively limiting their operational capacity.
Winklevoss expressed concern over the Fed's increasing control over crypto banking, arguing that such decisions should be decentralized and left to individual banks, not the Federal Reserve.
Cardano founder Charles Hoskinson joined Winklevoss in criticizing the current administration's stance on crypto. He suggests that the Biden administration, and by extension Harris, is hostile toward the industry, warning that a Harris presidency could exacerbate what he views as a "war on crypto."
The Bigger Picture 🌐
This skepticism comes amid a broader crackdown on the crypto sector by the US government, which saw the collapse of several banks supporting crypto businesses earlier this year. The ongoing tension highlights the fragile relationship between the US government and the burgeoning crypto industry, raising questions about the future of digital assets in the country.
Stay updated on the matter and drop a follow!
#elections2024 #kamalaharris #donaldtrump #politics #bitcoinprice
$BTC
Trump voters are some of the dumbest people on the planet.
Trump voters would vote for Hitler , but half of Indians here don't even understand who Hitler was, right ?
maybe if he was born in India, they wouldn't .
LOL
#trump #kamala #elections2024
Trump voters would vote for Hitler , but half of Indians here don't even understand who Hitler was, right ?
maybe if he was born in India, they wouldn't .
LOL
#trump #kamala #elections2024
🚨 25% UNREALIZED capital gains tax by Kamala Harris?
Yesterday I dropped a post about this insane proposal and today I want to add some more info around the topic:
The federal income tax was introduced in 1913. and it required a constitutional amendment (16th). ie, federal income tax was unconstitutional before 1913.
Furthermore, the tax only applied to the top ~1% of earners. 99% of the population paid no tax. and the tax rate for the the 1% who paid any tax at all was only 1-7% depending on their tax bracket.
Over the following century federal income tax rate evolved to the point where not only the majority of the population owes tax but also the highest bracket rate went from 7% to nearly 40%.
Lesson? if they can impose wealth tax for ppl worth $100m+, they can and they will eventually impose wealth tax for everyone. and if they can impose wealth tax on unrealized cap gain, they can and they will eventually impose wealth tax on ur total wealth, period.
it’s a slippery slope. stupid and evil ideas need to be killed in their infancy.
Study history. Speak up and stand up for yourself. Don't let this madness take over.
The "You will own nothing and you will be happy" gang is taking it pretty far.....
#kamalaharris #elections2024 #elections #donaldtrump #tax $BTC
Yesterday I dropped a post about this insane proposal and today I want to add some more info around the topic:
The federal income tax was introduced in 1913. and it required a constitutional amendment (16th). ie, federal income tax was unconstitutional before 1913.
Furthermore, the tax only applied to the top ~1% of earners. 99% of the population paid no tax. and the tax rate for the the 1% who paid any tax at all was only 1-7% depending on their tax bracket.
Over the following century federal income tax rate evolved to the point where not only the majority of the population owes tax but also the highest bracket rate went from 7% to nearly 40%.
Lesson? if they can impose wealth tax for ppl worth $100m+, they can and they will eventually impose wealth tax for everyone. and if they can impose wealth tax on unrealized cap gain, they can and they will eventually impose wealth tax on ur total wealth, period.
it’s a slippery slope. stupid and evil ideas need to be killed in their infancy.
Study history. Speak up and stand up for yourself. Don't let this madness take over.
The "You will own nothing and you will be happy" gang is taking it pretty far.....
#kamalaharris #elections2024 #elections #donaldtrump #tax $BTC
🚨 Breaking: Trump odds for winning the election have increased by 3%
Who do you think will win the elections?
👇 Drop a comment below!
#elections2024 #trump #donaldtrump #kamalaharris #bitcoin
$BTC
Who do you think will win the elections?
👇 Drop a comment below!
#elections2024 #trump #donaldtrump #kamalaharris #bitcoin
$BTC
🔥 Biden Admin Wanted To KILL CRYPTO
In a fiery accusation, Castle Island Ventures partner Nic Carter claims that Silvergate Bank—once a crypto-friendly institution—was forced into liquidation by U.S. regulators to "decapitate" the cryptocurrency industry. In a Sept. 25 article, Carter asserted that Silvergate was on track to survive its challenges until the Biden administration imposed a 15% cap on crypto deposits, threatening the bank with shutdown if it didn’t comply.
Carter believes this move is part of what he calls "Operation Choke Point 2.0," a covert government campaign aimed at crippling crypto-focused banks. He alleges that the U.S. government's pressure on Silvergate, Signature Bank, and Silicon Valley Bank—all prominent crypto banking partners—worsened the 2023 banking crisis, contributing to the largest financial meltdown since 2008. According to Carter’s sources, Silvergate’s voluntary liquidation was “suspicious,” with regulators unprepared for such a rare event. He also contends that Silvergate, had it been allowed to surpass the 15% crypto cap, would be thriving today, especially as crypto markets rebounded strongly in late 2023.
Silvergate’s fate wasn’t sealed by market conditions alone, Carter argues. The bank faced inordinate pressure from agencies like the FDIC and political figures such as Senator Elizabeth Warren, especially due to its ties with the now-bankrupt FTX. An insider revealed that Silvergate had no choice but to comply: “When they say you gotta do something, you do it. Though Carter acknowledges Silvergate’s lapses in areas like anti-money laundering controls and FTX oversight, he asserts the bank’s liquidation wasn’t a consequence of mismanagement but rather regulatory harassment. Carter paints a chilling picture of a coordinated campaign against crypto, raising concerns about the future of crypto in the U.S. .
With that being said, Kamala will play her cards the way she's gonna be told to I guess...
#elections2024 #biden #trump #joebiden #kamalaharris $BTC
In a fiery accusation, Castle Island Ventures partner Nic Carter claims that Silvergate Bank—once a crypto-friendly institution—was forced into liquidation by U.S. regulators to "decapitate" the cryptocurrency industry. In a Sept. 25 article, Carter asserted that Silvergate was on track to survive its challenges until the Biden administration imposed a 15% cap on crypto deposits, threatening the bank with shutdown if it didn’t comply.
Carter believes this move is part of what he calls "Operation Choke Point 2.0," a covert government campaign aimed at crippling crypto-focused banks. He alleges that the U.S. government's pressure on Silvergate, Signature Bank, and Silicon Valley Bank—all prominent crypto banking partners—worsened the 2023 banking crisis, contributing to the largest financial meltdown since 2008. According to Carter’s sources, Silvergate’s voluntary liquidation was “suspicious,” with regulators unprepared for such a rare event. He also contends that Silvergate, had it been allowed to surpass the 15% crypto cap, would be thriving today, especially as crypto markets rebounded strongly in late 2023.
Silvergate’s fate wasn’t sealed by market conditions alone, Carter argues. The bank faced inordinate pressure from agencies like the FDIC and political figures such as Senator Elizabeth Warren, especially due to its ties with the now-bankrupt FTX. An insider revealed that Silvergate had no choice but to comply: “When they say you gotta do something, you do it. Though Carter acknowledges Silvergate’s lapses in areas like anti-money laundering controls and FTX oversight, he asserts the bank’s liquidation wasn’t a consequence of mismanagement but rather regulatory harassment. Carter paints a chilling picture of a coordinated campaign against crypto, raising concerns about the future of crypto in the U.S. .
With that being said, Kamala will play her cards the way she's gonna be told to I guess...
#elections2024 #biden #trump #joebiden #kamalaharris $BTC
🚨 BREAKING - Trump Leading by 12.2% on Polymarket!
The elections are in 21 days.
With that being said:
🔥 TRUMP WIN = MARKET EXPLODING
Load up your wallets and get ready for the moon!
Follow @Professor Mende - Bonuz Ecosystem Founder for more!
#elections2024 #trump #harris #Donaldtrump #Kamalaharris $BTC $ETH $SOL
The elections are in 21 days.
With that being said:
🔥 TRUMP WIN = MARKET EXPLODING
Load up your wallets and get ready for the moon!
Follow @Professor Mende - Bonuz Ecosystem Founder for more!
#elections2024 #trump #harris #Donaldtrump #Kamalaharris $BTC $ETH $SOL
🔮 Kamala Harris May Turn Pro-Crypto to Attract Voters 💬
In a recent CNBC appearance, former presidential candidate Vivek Ramaswamy speculated that Kamala Harris might shift her stance on crypto as a strategic move to attract voters. With former President Donald Trump making crypto a key campaign issue, Ramaswamy believes Harris might follow suit, but he questions her sincerity.
Ramaswamy challenged Harris to go beyond vague promises and outline clear positions on critical crypto issues like self-custody and the role of the SEC under Gary Gensler. He emphasized that if Harris wants to be taken seriously by the crypto community, she needs to be specific about her policies.
"If Kamala Harris is serious about crypto, she should detail her stance on self-custody of assets and whether she supports Gary Gensler continuing as SEC chair," Ramaswamy stated. He also noted that thoughtful crypto policies from Harris, even if they differ from his views, could benefit the country.
📉 Harris’ Crypto "Reset" Faces Scrutiny 🔍
Harris' campaign has faced criticism following a regulatory move by the Federal Reserve against Customers Bank, a crypto-friendly institution. Tyler Winklevoss, co-founder of Gemini, viewed this as evidence that the crackdown on crypto is still ongoing, casting doubt on Harris' supposed crypto-friendly reset.
My take: If you don't like basketball and say that you love basketball to win over people who love basketball..... you're not building credibility and support. You're making a desperate fool out of yourself.
What's your opinion on this?
Drop a comment below.
#elections2024 #kamalaharris #crypto #bitcoin #btc
$BTC
In a recent CNBC appearance, former presidential candidate Vivek Ramaswamy speculated that Kamala Harris might shift her stance on crypto as a strategic move to attract voters. With former President Donald Trump making crypto a key campaign issue, Ramaswamy believes Harris might follow suit, but he questions her sincerity.
Ramaswamy challenged Harris to go beyond vague promises and outline clear positions on critical crypto issues like self-custody and the role of the SEC under Gary Gensler. He emphasized that if Harris wants to be taken seriously by the crypto community, she needs to be specific about her policies.
"If Kamala Harris is serious about crypto, she should detail her stance on self-custody of assets and whether she supports Gary Gensler continuing as SEC chair," Ramaswamy stated. He also noted that thoughtful crypto policies from Harris, even if they differ from his views, could benefit the country.
📉 Harris’ Crypto "Reset" Faces Scrutiny 🔍
Harris' campaign has faced criticism following a regulatory move by the Federal Reserve against Customers Bank, a crypto-friendly institution. Tyler Winklevoss, co-founder of Gemini, viewed this as evidence that the crackdown on crypto is still ongoing, casting doubt on Harris' supposed crypto-friendly reset.
My take: If you don't like basketball and say that you love basketball to win over people who love basketball..... you're not building credibility and support. You're making a desperate fool out of yourself.
What's your opinion on this?
Drop a comment below.
#elections2024 #kamalaharris #crypto #bitcoin #btc
$BTC
🚨 Donald Trump facing new charges - Rfk Jr joins team
In a move shaking up the political landscape, former President Donald Trump has enlisted Robert F. Kennedy Jr., the pro-crypto former Democrat, to his transition team as he battles fresh legal charges. Kennedy, who once ran as a Democrat and later as an independent, suspended his campaign and threw his weight behind Trump, signaling a potential game-changer in the upcoming election. Kennedy’s crypto advocacy has made waves in the industry, and his shift to Trump's camp highlights a unique blend of bipartisan support for digital currencies. With Tulsi Gabbard, another ex-Democrat and former crypto holder, also on board, Trump’s team is gearing up to bridge the divide and solidify support across party lines.
Trump’s campaign is pushing forward, despite facing a new federal indictment that accuses him of trying to overturn the 2020 election results. The charges, which include conspiracy to defraud the U.S. and obstruct official proceedings, are a fresh challenge as Trump lags behind Vice President Kamala Harris by 3.4% in the latest polls. As the November election nears, the stakes have never been higher. With Kennedy and Gabbard joining the fray, the future of crypto regulation could be on the ballot. The question is, will this unconventional alliance tip the scales in Trump’s favor?
Stay tuned with @mende as this political drama unfolds—what happens next could redefine both the political and crypto landscapes.
#elections2024 #trump #harris #donaldtrump #kamalaharris
$BTC
In a move shaking up the political landscape, former President Donald Trump has enlisted Robert F. Kennedy Jr., the pro-crypto former Democrat, to his transition team as he battles fresh legal charges. Kennedy, who once ran as a Democrat and later as an independent, suspended his campaign and threw his weight behind Trump, signaling a potential game-changer in the upcoming election. Kennedy’s crypto advocacy has made waves in the industry, and his shift to Trump's camp highlights a unique blend of bipartisan support for digital currencies. With Tulsi Gabbard, another ex-Democrat and former crypto holder, also on board, Trump’s team is gearing up to bridge the divide and solidify support across party lines.
Trump’s campaign is pushing forward, despite facing a new federal indictment that accuses him of trying to overturn the 2020 election results. The charges, which include conspiracy to defraud the U.S. and obstruct official proceedings, are a fresh challenge as Trump lags behind Vice President Kamala Harris by 3.4% in the latest polls. As the November election nears, the stakes have never been higher. With Kennedy and Gabbard joining the fray, the future of crypto regulation could be on the ballot. The question is, will this unconventional alliance tip the scales in Trump’s favor?
Stay tuned with @mende as this political drama unfolds—what happens next could redefine both the political and crypto landscapes.
#elections2024 #trump #harris #donaldtrump #kamalaharris
$BTC
🚀 Donald Trump PAYING with #BITCOIN at a bar
If this isn't #bullish , I don't know what is!
#TrumpFirstBTCUse #trump #elections2024 $BTC
If this isn't #bullish , I don't know what is!
#TrumpFirstBTCUse #trump #elections2024 $BTC
🚨 TRUMP MEMECOIN DJT CRASHES 90% 📉
🔥 Amidst a broad crypto market downturn, the Solana-based meme-coin TrumpCoin (DJT), which uses former U.S. President Donald Trump’s name and image, saw a catastrophic price drop. On August 6, DJT plummeted from $0.00555 per token to $0.000229 marking a 95% decline. The token is currently trading around $0.000490 at -90%.
📉 TRUMPCOIN'S MASSIVE DROP
🔍 Data from Birdeye reveals that despite the price crash, DJT's volume surged by 35,501%, with 1,736% more traders in the last 24 hours. The token’s total value locked (TVL) stands at $23.1 million, indicating significant trading activity amid the turmoil.
🌐 BROADER MARKET DOWNTURN
💥 The token’s fall coincides with the crypto market’s worst three-day sell-off in a year. On August 5, the market shed over $500 billion in market capitalization, with Bitcoin (BTC) and Ether (ETH) dropping 10% and 18%, respectively. This sell-off was mirrored by stagnating equities, as the S&P 500 fell 4.4% due to weak U.S. employment data and disappointing tech earnings.
🤔 TRUMPCOIN NOT AFFILIATED WITH TRUMP
🗣 “Pharma Bro” Martin Shkreli, who spent over six years in prison for securities fraud, claimed involvement in creating TrumpCoin, sparking rumors of official endorsement by Donald Trump. Shkreli alleged that Barron Trump, with his father's approval, launched the memecoin, and influencer "Ansem" was also involved.
🔎 DENIALS AND RUMORS
📉 Speculation over Trump's involvement led to millions in bets on Polymarket, with over $6.3 million wagered on the token's legitimacy. However, Trump has not issued an official statement, and his close aide, Roger Stone, denied any connection between Trump or his son and the memecoin.
DYOR and stay safe with @Professor Mende - Bonuz Ecosystem Founder !!!
Follow for more!
#trump2024 #elections2024 #memecoins #memecoin #trump
$BTC $PEPE $SHIB
🔥 Amidst a broad crypto market downturn, the Solana-based meme-coin TrumpCoin (DJT), which uses former U.S. President Donald Trump’s name and image, saw a catastrophic price drop. On August 6, DJT plummeted from $0.00555 per token to $0.000229 marking a 95% decline. The token is currently trading around $0.000490 at -90%.
📉 TRUMPCOIN'S MASSIVE DROP
🔍 Data from Birdeye reveals that despite the price crash, DJT's volume surged by 35,501%, with 1,736% more traders in the last 24 hours. The token’s total value locked (TVL) stands at $23.1 million, indicating significant trading activity amid the turmoil.
🌐 BROADER MARKET DOWNTURN
💥 The token’s fall coincides with the crypto market’s worst three-day sell-off in a year. On August 5, the market shed over $500 billion in market capitalization, with Bitcoin (BTC) and Ether (ETH) dropping 10% and 18%, respectively. This sell-off was mirrored by stagnating equities, as the S&P 500 fell 4.4% due to weak U.S. employment data and disappointing tech earnings.
🤔 TRUMPCOIN NOT AFFILIATED WITH TRUMP
🗣 “Pharma Bro” Martin Shkreli, who spent over six years in prison for securities fraud, claimed involvement in creating TrumpCoin, sparking rumors of official endorsement by Donald Trump. Shkreli alleged that Barron Trump, with his father's approval, launched the memecoin, and influencer "Ansem" was also involved.
🔎 DENIALS AND RUMORS
📉 Speculation over Trump's involvement led to millions in bets on Polymarket, with over $6.3 million wagered on the token's legitimacy. However, Trump has not issued an official statement, and his close aide, Roger Stone, denied any connection between Trump or his son and the memecoin.
DYOR and stay safe with @Professor Mende - Bonuz Ecosystem Founder !!!
Follow for more!
#trump2024 #elections2024 #memecoins #memecoin #trump
$BTC $PEPE $SHIB
🚨 Crypto’s CIVIL WAR Ahead of 2024 Elections!
As the 2024 U.S. election nears, the crypto industry finds itself torn in two. On one side, Republican supporters rally behind Trump’s pro-crypto stance. He’s made bold promises to make the U.S. a global crypto hub, favoring policies that could ignite new opportunities for the digital asset space. But, on the other side, Democratic crypto players are worried the industry may lean too far right, losing crucial bipartisan support.
Tensions Are Rising: Fairshake, the crypto super PAC network, has stirred the pot by backing both parties—but the strategy is causing friction. Republicans like Sen. Steve Daines are frustrated by support for Democratic candidates like Ruben Gallego and Elissa Slotkin, while Democrats are angry over support for GOP rivals, especially in key battleground races like Ohio.
Big Money, Big Risks: Marc Andreessen, Cameron and Tyler Winklevoss are throwing millions behind Trump, believing his policies could elevate the crypto world. Meanwhile, others fear it’s too risky to alienate Democrats, especially when figures like Sen. Sherrod Brown—who has a major say on future crypto regulation—could be replaced.
A Divided Future: Crypto’s legislative future looks uncertain. Some industry insiders suggest it’s best to pause new pushes for regulation until after Trump’s potential win, while others stress the danger of putting all their bets on the GOP.
Who do you bet on? Trump or Harris? Let me know in the comments!
Who do you bet on? Trump or Harris? Let me know in the comments!
#elections2024 #trump #harris #donaldtrump #kamalaharris $BTC
As the 2024 U.S. election nears, the crypto industry finds itself torn in two. On one side, Republican supporters rally behind Trump’s pro-crypto stance. He’s made bold promises to make the U.S. a global crypto hub, favoring policies that could ignite new opportunities for the digital asset space. But, on the other side, Democratic crypto players are worried the industry may lean too far right, losing crucial bipartisan support.
Tensions Are Rising: Fairshake, the crypto super PAC network, has stirred the pot by backing both parties—but the strategy is causing friction. Republicans like Sen. Steve Daines are frustrated by support for Democratic candidates like Ruben Gallego and Elissa Slotkin, while Democrats are angry over support for GOP rivals, especially in key battleground races like Ohio.
Big Money, Big Risks: Marc Andreessen, Cameron and Tyler Winklevoss are throwing millions behind Trump, believing his policies could elevate the crypto world. Meanwhile, others fear it’s too risky to alienate Democrats, especially when figures like Sen. Sherrod Brown—who has a major say on future crypto regulation—could be replaced.
A Divided Future: Crypto’s legislative future looks uncertain. Some industry insiders suggest it’s best to pause new pushes for regulation until after Trump’s potential win, while others stress the danger of putting all their bets on the GOP.
Who do you bet on? Trump or Harris? Let me know in the comments!
Who do you bet on? Trump or Harris? Let me know in the comments!
#elections2024 #trump #harris #donaldtrump #kamalaharris $BTC
🚨 US Government Shifts 10,000 Bitcoin—Market on Edge
The United States government, currently the largest geopolitical holder of Bitcoin with a staggering 203,000 BTC under its control, has just made another significant move. On August 14, the government transferred around 10,000 BTC, valued at nearly $594 million, to a wallet address ending in "noe," according to Arkham Intelligence.
This isn't the first time the US has shifted its massive Bitcoin stash. Just last month, the government moved 29,800 BTC, worth almost $2 billion, sparking market speculation and concern. With these recent movements, traders are on high alert, watching for any signs of a potential market impact.
The Largest Geopolitical Bitcoin Holder 🏛
With its $12 billion Bitcoin reserve, the US government sits as the largest geopolitical Bitcoin holder—a fact not lost on 2024 Presidential candidate Donald Trump. Trump has pledged not to sell the government’s Bitcoin if elected and has even proposed creating a "strategic Bitcoin stockpile" as part of his economic strategy.
Fears of a Market Dump 😱
The crypto community is no stranger to the anxiety that comes with massive Bitcoin transfers, especially from government wallets. When news broke in July about the German government selling 50,000 BTC, it caused market tremors, leading to fear, uncertainty, and doubt (FUD) among investors.
That sale, which netted Germany $2.9 billion, ended up being a financial misstep, as the government missed out on an additional $124 million in potential profits by selling too early.
Now, with the US government moving its Bitcoin, do you think they'll follow Germany with a massive dump, or is there nothing we have to worry about?
🚨 Don't forget to scroll to the top of my profile, hit the vote button, and unlock your share of the $10,000 prize pool!
@Professor Mende - Bonuz Ecosystem Founder out!
#cryptonews #usa #elections2024 #bullorbear #bitcoinprice
$BTC
The United States government, currently the largest geopolitical holder of Bitcoin with a staggering 203,000 BTC under its control, has just made another significant move. On August 14, the government transferred around 10,000 BTC, valued at nearly $594 million, to a wallet address ending in "noe," according to Arkham Intelligence.
This isn't the first time the US has shifted its massive Bitcoin stash. Just last month, the government moved 29,800 BTC, worth almost $2 billion, sparking market speculation and concern. With these recent movements, traders are on high alert, watching for any signs of a potential market impact.
The Largest Geopolitical Bitcoin Holder 🏛
With its $12 billion Bitcoin reserve, the US government sits as the largest geopolitical Bitcoin holder—a fact not lost on 2024 Presidential candidate Donald Trump. Trump has pledged not to sell the government’s Bitcoin if elected and has even proposed creating a "strategic Bitcoin stockpile" as part of his economic strategy.
Fears of a Market Dump 😱
The crypto community is no stranger to the anxiety that comes with massive Bitcoin transfers, especially from government wallets. When news broke in July about the German government selling 50,000 BTC, it caused market tremors, leading to fear, uncertainty, and doubt (FUD) among investors.
That sale, which netted Germany $2.9 billion, ended up being a financial misstep, as the government missed out on an additional $124 million in potential profits by selling too early.
Now, with the US government moving its Bitcoin, do you think they'll follow Germany with a massive dump, or is there nothing we have to worry about?
🚨 Don't forget to scroll to the top of my profile, hit the vote button, and unlock your share of the $10,000 prize pool!
@Professor Mende - Bonuz Ecosystem Founder out!
#cryptonews #usa #elections2024 #bullorbear #bitcoinprice
$BTC
📊💰 JUST IN: USA: THE STRATEGIC #BITCOIN RESERVE BILL HAS BEEN OFFICIALLY INTRODUCED 💰📊
Good or Bad? Well.. we will figure it out shortly! What do you think?
Stay safe
#btc #bitcoin #bitcoinpricealert #elections2024 $BTC
Good or Bad? Well.. we will figure it out shortly! What do you think?
Stay safe
#btc #bitcoin #bitcoinpricealert #elections2024 $BTC
💰Trump Made $300K Selling Bibles & Holds Over $1,000,00 in ETH
Donald Trump's financial disclosures reveal a surprising $300K windfall from selling branded Bibles, alongside a significant cryptocurrency stash. Yet, the former president's financial picture remains murky, with over $500M in civil penalties looming over him.
📊 The Financial Rollercoaster
The latest documents, filed with the US Office of Government Ethics, showcase Trump's diverse portfolio, which includes millions in real estate and global financial interests. However, they also highlight substantial personal debts, including $83M owed to writer E. Jean Carroll and $454M to New York state due to defamation and fraud cases. While Trump is appealing these decisions, the financial burden is considerable.
💎Crypto, Gold, and More
Interestingly, Trump’s assets include millions in cryptocurrency, with his Ethereum holdings estimated between $1M and $5M. This comes as Trump signals growing support for digital assets, especially after his recent appearance at a global crypto convention. In addition to crypto, Trump has a six-figure investment in gold bars, showing his diverse approach to wealth management.
📚 Licensing and Royalties
Trump’s ventures into licensing and royalties have also paid off, bringing in $12M. Notably, his NFT licensing deal alone netted him $7M, while recent books, including Letters to Trump and Our Journey Together, added another $5M. His collaboration on a Bible with country singer Lee Greenwood earned a solid $300K.
Stay updated with @Professor Mende - Bonuz Ecosystem Founder & don't forget to visit my profile and hit the "vote" button to unlock $10,000 in rewards!
#donaldtrump #elections2024 #elections #trump #memecoins
Donald Trump's financial disclosures reveal a surprising $300K windfall from selling branded Bibles, alongside a significant cryptocurrency stash. Yet, the former president's financial picture remains murky, with over $500M in civil penalties looming over him.
📊 The Financial Rollercoaster
The latest documents, filed with the US Office of Government Ethics, showcase Trump's diverse portfolio, which includes millions in real estate and global financial interests. However, they also highlight substantial personal debts, including $83M owed to writer E. Jean Carroll and $454M to New York state due to defamation and fraud cases. While Trump is appealing these decisions, the financial burden is considerable.
💎Crypto, Gold, and More
Interestingly, Trump’s assets include millions in cryptocurrency, with his Ethereum holdings estimated between $1M and $5M. This comes as Trump signals growing support for digital assets, especially after his recent appearance at a global crypto convention. In addition to crypto, Trump has a six-figure investment in gold bars, showing his diverse approach to wealth management.
📚 Licensing and Royalties
Trump’s ventures into licensing and royalties have also paid off, bringing in $12M. Notably, his NFT licensing deal alone netted him $7M, while recent books, including Letters to Trump and Our Journey Together, added another $5M. His collaboration on a Bible with country singer Lee Greenwood earned a solid $300K.
Stay updated with @Professor Mende - Bonuz Ecosystem Founder & don't forget to visit my profile and hit the "vote" button to unlock $10,000 in rewards!
#donaldtrump #elections2024 #elections #trump #memecoins
🚨 Urgent: European Commissioner threatening Elon Musk over his Donald Trump interview.
The EU is interfering with U.S. elections and attacking free speech. This is a serious diplomatic breach and an unacceptable affront to Western values.
What's your opinion on this?
#elections2024 #elonmusk #DonaldTrumpCoin #politics
The EU is interfering with U.S. elections and attacking free speech. This is a serious diplomatic breach and an unacceptable affront to Western values.
What's your opinion on this?
#elections2024 #elonmusk #DonaldTrumpCoin #politics
💰 $7M Earned, $5M Held - Trump Cashes In on Crypto and NFTs
Donald Trump has made a significant financial splash in the crypto world. Recent financial disclosures reveal that Trump holds between $1 million and $5 million in Ethereum-based assets. Even more impressively, he’s raked in over $7.15 million from his NFT ventures.
Trump’s NFT collections, including the “Mugshot” project and two series of Donald Trump Trading Cards, have proven to be lucrative, earning him over $7 million. With the success of these projects, Trump has hinted at launching a fourth NFT series, stating that “the people want” more.
On August 1, Trump also ventured into the world of digital collectibles with a limited edition of “official crypto-sneakers.” These orange high-tops sold out in just a few hours, despite a hefty price tag of $499.
Blockchain analytics from Arkham Intelligence suggest that Trump’s Ethereum-based crypto holdings peaked at $18 million in June, driven by a rally in a MAGA-themed memecoin dubbed “TRUMP.” Although not officially linked to Trump, this memecoin contributed to a temporary surge in his crypto assets.
Trump’s financial disclosure also shows earnings from more traditional ventures, including $300,000 from selling branded Bibles and a combined $216 million from his Mar-a-Lago resort and golf course in Doral, Florida.
🔜 What’s Next?
With his eye on the 2024 presidential race, Trump has embraced a pro-crypto stance, pledging to make the U.S. the “crypto capital of the world.” His evolving views on digital assets could shape the future of the crypto landscape in the United States.
As Trump continues to blend politics with digital finance, the question remains: how will his crypto fortunes influence his campaign and potential presidency?
Stay updated with @Professor Mende - Bonuz Ecosystem Founder
#trump #elections2024 #donaldtrump #kamalaharris
$BTC
Donald Trump has made a significant financial splash in the crypto world. Recent financial disclosures reveal that Trump holds between $1 million and $5 million in Ethereum-based assets. Even more impressively, he’s raked in over $7.15 million from his NFT ventures.
Trump’s NFT collections, including the “Mugshot” project and two series of Donald Trump Trading Cards, have proven to be lucrative, earning him over $7 million. With the success of these projects, Trump has hinted at launching a fourth NFT series, stating that “the people want” more.
On August 1, Trump also ventured into the world of digital collectibles with a limited edition of “official crypto-sneakers.” These orange high-tops sold out in just a few hours, despite a hefty price tag of $499.
Blockchain analytics from Arkham Intelligence suggest that Trump’s Ethereum-based crypto holdings peaked at $18 million in June, driven by a rally in a MAGA-themed memecoin dubbed “TRUMP.” Although not officially linked to Trump, this memecoin contributed to a temporary surge in his crypto assets.
Trump’s financial disclosure also shows earnings from more traditional ventures, including $300,000 from selling branded Bibles and a combined $216 million from his Mar-a-Lago resort and golf course in Doral, Florida.
🔜 What’s Next?
With his eye on the 2024 presidential race, Trump has embraced a pro-crypto stance, pledging to make the U.S. the “crypto capital of the world.” His evolving views on digital assets could shape the future of the crypto landscape in the United States.
As Trump continues to blend politics with digital finance, the question remains: how will his crypto fortunes influence his campaign and potential presidency?
Stay updated with @Professor Mende - Bonuz Ecosystem Founder
#trump #elections2024 #donaldtrump #kamalaharris
$BTC