XRP and Cardano Dip 20% As Crypto Leaders Questions Trump’s Reserve Plan

Trump's proposed US Crypto Reserve, focusing on XRP and Cardano, triggered market volatility and political scrutiny. The plan’s future looks uncertain as criticism mounts and prices tumble. The post XRP and Cardano Dip 20% As Crypto Leaders Questions Trump’s Reserve Plan appeared first on BeInCrypto.

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As XRP Eyes Solid Run, Ripple CEO Lauds Trump’s Crypto Reserve Plan as Major Turning Point for Sector

Ripple CEO Brad Garlinghouse has praised former President Donald Trump’s proposal to create a government-backed digital asset reserve, which includes XRP, calling it a potential turning point for the cryptocurrency sector.

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Experts shift to Bitcoin Pepe as Trump’s crypto reserve hype fades

Fear remains the key emotion driving the cryptocurrency market despite Trump’s latest remarks on a US crypto reserve. Indeed, most majors have reversed some of the gains recorded on Sunday as the selling pressure persists.

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Trump to create XRP reserve: Why this will push Ripple and this rival to new highs

XRP may gain as Trump plans a U.S. digital asset reserve, prioritizing U.S.-developed cryptocurrencies like SOL and USDC. #partnercontent

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Trump’s BTC reserve plan would be a ‘bad deal‘ — Ex-NY Fed president

Bill Dudley joined others in suggesting the only purpose of a US government Bitcoin reserve would be to reward Trump’s crypto supporters.

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Making Bitcoin a Strategic Reserve Asset Contradicts 'Freedom From Government' Narrative, Says WSJ

Donald Trump’s plan to make bitcoin a so-called strategic reserve asset doesn’t make much sense, the editorial board of the Wall Street Journal wrote in an op-ed Tuesday.

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Trump's Talk of Bitcoin Reserve for the U.S. Leaves Industry Waiting for More Details

Former President Donald Trump, a sitting U. S. senator and some of the biggest names in bitcoin {{BTC}} investing all seem to agree that the U. S. should begin building a reserve of the most prominent crypto token.

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Hong Kong to create Bitcoin reserves? Legislative Council's Johnny Ng says...

Legislative Council member Johnny Ng proposed the integration of Bitcoin into Hong Kong's financial reserves. Meanwhile, Trump pledged a strategic U.S. Bitcoin reserve, boosting national economThe post Hong Kong to create Bitcoin reserves? Legislative Council's Johnny Ng says... appeared first on AMBCrypto.

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Why is Bitcoin price volatile today?

The crypto market opens the week with whipsaw price action as Trump’s Bitcoin conference comments linger and investors anticipate US Federal Reserve rate cuts.

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Hong Kong legislator Johnny Ng advocates for Bitcoin, web3 development

Hong Kong politician Johnny Ng expressed interest in the concept of a national Bitcoin reserve, following Trump’s Bitcoin 2024 keynote speech — which included a plan for a U.S. Bitcoin reserve. In a post on X today, July 28, Ng,…

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US Senator Lummis unveils Bitcoin reserve legislation following Trump’s keynote

At Bitcoin 2024, Senator Cynthia Lummis proposed a more detailed plan for a strategic Bitcoin reserve to bolster the U.S. dollar and cement America’s global financial leadership. After days of anticipation, United States Senator Cynthia Lummis finally announced her proposed…

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‘Feels surreal’ — Bitcoin sticks to $68K as market ignores 200K BTC US election pledge

BTC price gains fail to materialize as Donald Trump and others promise to build a giant Bitcoin strategic reserve if elected.

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Trump’s Bitcoin 2024 keynote includes plan for US Bitcoin reserve

Donald Trump, the Republican presidential nominee, spoke at the Bitcoin 2024 conference in Nasvhille, praising the crypto industry and announcing his plan for a national Bitcoin reserve. Trump goes all-in on crypto At the just-concluded Bitcoin 2024 conference in Nashville…

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Trump Promises to Champion Bitcoin in Spirited Nashville Address

President Trump’s long-awaited appearance at Bitcoin 2024 lived up to expectations as Trump vowed to fire Gary Gensler on day 1, and establish a strategic reserve of Bitcoin.

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Trump Pledges to Hold Bitcoin as Strategic Reserve Asset if Elected President

Сообщение Trump Pledges to Hold Bitcoin as Strategic Reserve Asset if Elected President появились сначала на Coinstelegram.

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Bitcoin, Aave, BitTorrent, Conflux forecasts ahead of Trump’s speech

Cryptocurrency prices were muted this weekend as investors focused on the ongoing Bitcoin Conference in Tennessee and next week’s Federal Reserve interest rate decision.   Bitcoin held steady above $68,000 as speakers continued to make the case for cryptocurrencies.

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Trump-crypto speculation mounts: What will happen in Bitcoin Conference 2024?

Speculation grows about Trump announcing Bitcoin as a U.S. strategic reserve asset.  Trump’s Bitcoin endorsement might sway influential figures like Jamie Dimon.  With former President DThe post Trump-crypto speculation mounts: What will happen in Bitcoin Conference 2024? appeared first on AMBCrypto.

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Polymarket: Trump announcing a strategic Bitcoin reserve unlikely

Polymarket bettors do not seem confident that Trump will announce a U.S. Bitcoin strategic reserve. 

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Jefferies believes Trump’s ‘overt’ support for Bitcoin will benefit crypto stocks, gold miners

Wall Street investment bank Jefferies analysts believe former President Donald Trump’s “overt support” for Bitcoin and crypto, combined with anticipated higher inflation, larger fiscal deficits, and political pressure on the Federal Reserve, could undermine the US dollar’s dominance as a store of wealth.

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Bitcoin as US Reserve Asset: Can Trump do it and what would it mean?

Former US president Donald Trump is rumored to be planning to announce his desire to make Bitcoin a “strategic reserve asset” during an upcoming crypto conference, a move that could significantly impact the digital asset’s global status and value.

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Will Trump create a US Bitcoin strategic reserve?

Rumors are circulating that Trump could announce a U.S. Bitcoin strategic reserve, already causing significant buzz in the crypto community. Former US President Donald Trump is set to deliver a keynote speech at next week’s 2024 Bitcoin Conference in Nashville.…

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Mark Cuban: Inflationary Pressure Could See Bitcoin Become Global Reserve

Inflationary pressure and geopolitical uncertainty could see Bitcoin become a global reserve currency, states Cuban The billionaire believes Trump’s lower tax rates and tariffs could push up Bitcoin’s price Elon Musk plans to commit $45m a month to back Trump’s presidential run US billionaire Mark Cuban believes that through a combination of inflationary pressure and […] The post Mark Cuban: Inflationary Pressure Could See Bitcoin Become Global Reserve appeared first on CoinJournal.

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Trump Mulls Bitcoin as Reserve Asset in ‘SoftWar’ Strategy, Eyeing $1 Million Target

Сообщение Trump Mulls Bitcoin as Reserve Asset in ‘SoftWar’ Strategy, Eyeing $1 Million Target появились сначала на Coinstelegram.

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Trump's crypto pivot: Bitcoin as 'strategic reserve' for 2024 elections?

Donald Trump supports BTC as a strategic reserve asset. Trump's pro-crypto stand has inspired a voting bloc of crypto executives and owners. In a massive turn of events, former President DonThe post Trump's crypto pivot: Bitcoin as 'strategic reserve' for 2024 elections? appeared first on AMBCrypto.

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Trump could be considering Bitcoin as a reserve asset to join the ‘SoftWar’ road to $1 million

Jason Lowery, the author of “SoftWar: A Novel Theory on Power Projection and the National Strategic Significance of Bitcoin,” revealed at the start of June that members of Donald Trump’s campaign administration have contacted him regarding his expertise on Bitcoin.

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Bitcoin Bombshell Sparks Trump’s Grim Prophecy for the US Dollar

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Bitcoin mining 'Made in the USA'? This is Donald Trump's plan

Donald Trump wants all the remaining Bitcoin to be “made in the USA.” Bitcoin's Miner Reserve sat at its lowest since February 2010. In a post on the social media platform Truth Social oThe post Bitcoin mining 'Made in the USA'? This is Donald Trump's plan appeared first on AMBCrypto.

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Standard Chartered: Trump being elected could be good for Bitcoin

A Standard Chartered report warns that the growing risk of U.S. fiscal dominance due to the Federal Reserve's potential debt monetization could drive investors to cryptocurrencies.

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Trump Predicts US Economy to Recover by 2021 — Fed Chair, Economists Disagree

President Donald Trump has predicted that the US economy will recover by 2021, citing new jobs data released by the Labor Department which contains a “misclassification error. ” Officials say the numbers are artificially low, and Federal Reserve Chairman Jerome Powell and several economists have voiced their concerns.

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Trump’s Treasury Chief: Economic Stats Right Now Are ‘Not Relevant’

Although the economy seems to be teetering on the edge, U. S. Secretary of the Treasury Steven Mnuchin is not concerned. As BeInCrypto has been reporting recently, the Federal Reserve has been on something of a printing spree.

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Dow Futures Crash 1,041 Points as Fed Capitulates To Trump

Dow futures plunged as the Federal Reserve cut rates all the way down to the 0% lower bound. The Fed has capitulated to President Trump again, but it might not be enough to stave off recession due to coronavirus.

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Trump Calls Fed “Pathetic”

US President Donald Trump has just called the Federal Reserve and its chairman “pathetic,” stating: “Our pathetic, slow moving Federal Reserve, headed by Jay Powell, who raised rates too fast.

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Bitcoin Sells Off Like Stock Market Even After The Fed Cuts Rates by 50bp; Trump Wants More

Today, in a surprise move, the US Federal Reserve cut its benchmark interest rate by a half-percentage point to help mitigate the impact of the coronavirus on the market and economy. The officials were in unanimous agreement for an emergency cut to a range of 1% to 1.

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Dow Futures Leap after Trump Scolds Fed’s ‘Big Rate Cut’ Failure

President Trump urged the Federal Reserve to cut rates again - a move he believes will push the stock market higher. The post Dow Futures Leap after Trump Scolds Fed’s ‘Big Rate Cut’ Failure appeared first on CCN.com

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Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash

In this roundup, we cover numerous cryptocurrency regulatory developments in the U. S. , including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule.

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Digital Dollar Discussion Is ‘Extremely Important’ Urges Pres. Trump’s Fed Nominee

Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […]

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Trump Fed Nominee Judy Shelton Says US Should Be Proactive on Digital Dollar

Judy Shelton, President Trump’s nominee to the Federal Reserve Board, told lawmakers that digitizing the U.S. dollar could help maintain the currency’s ascendancy in global commerce.

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Trump’s Pick for Federal Reserve Is a Fan of Cryptocurrency

President Trump’s pick to lead the Federal Reserve, Judy Shelton, believes in a rules-based approach and a cryptocurrency-like gold standard. President Trump often picks fights with the Federal Reserve, claiming that the entity is stopping the economy from unleashing its full potential.

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Federal Reserve Considers Creating a Separate Entity for Cash Injections

While American President Donald Trump wages war with Iran, the U. S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday.

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Dow Suffers Brutal 475 Point Reversal, Trump Blames Fed

The Dow Jones snapped back into its brutal reversal on Wednesday, as recession alarms thundered throughout the global economy and China continued to confound analysts with its handling of the yuan.

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Trump Shouts at Fed

“Are you listening Federal Reserve?” – was Trump’s response to the falling Yuan with the president of the United States not quite clarifying what exactly he wants Fed to do.

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How China And The Fed Are Boosting Bitcoin And Sinking Trump

US president Donald Trump thinks he’s being smart but it could be that China ends up denting his re-election prospects and boosting bitcoin. The US Federal Reserve not playing ball doesn’t help either – and...

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Dow Sputters to Half-Hearted Recovery as Investors Digest Fed Fallout

The Dow sputtered to a half-hearted recovery on Thursday as investors grappled with the realization that, despite cutting interest rates for the first time since 2008, the US Federal Reserve will not blindly craft its monetary policy to meet the demands of a greedy market – or President Trump.

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Furious Donald Trump Tears Into Fed Chair for Letting Markets Down

The Federal Reserve cut interest rates to 2. 25% on Wednesday, a move that you might have thought would please President Donald Trump. However, as the Dow Jones sold off 333 points and the U. S. dollar soared, Trump took to Twitter to berate Jerome Powell for not signaling enough easing was coming.

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This is the Beginning of the End: Trump Yet Again Building a Bullish Ramp for Bitcoin

Trump pressuring the fed for the rate cuts before Wednesday meeting Cracks have begun to appear in the growing US economy Early signs of warning are showing, After Deutsche bank, Citibank to cut jobs This is rocket fuel for Bitcoin This week the Federal Reserve will most likely cut interest rates for the first time […]

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The ‘War on Bitcoin’ Is Almost Here – And It Will Get Ugly

For better or worse, bitcoin is now on the global political stage.   It was discussed in Congress. Donald Trump slammed bitcoin on Twitter. The Treasury Secretary called cryptocurrencies a national security threat, and the chairman of the Federal Reserve urged caution.

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Cryptos Are Entering Global Currency Competition Says Fed

James Bullard, President of the Federal Reserve Bank of St Louis, has stated currencies are intrinsically worthless and fragile days after Donald Trump mentioned they are printed out of thin... The post Cryptos Are Entering Global Currency Competition Says Fed appeared first on Trustnodes.

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Cryptocurrency is Part of the Global Currency War, Says Federal Reserve Branch Head

Cryptocurrency has found itself on the center stage of the global political sphere over the past several weeks, which first began when Fed Chair Jerome Powell compared Bitcoin to gold. Shortly after this, US President Donald Trump shared his thoughts on BTC, which sparked what appears to be a regulatory crackdown on the nascent markets.

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Pro-Bitcoin Ron Paul Agrees with Trump Over ‘Clueless’ Fed

Ron Paul, the pro-bitcoin retired U. S. Congressman, says President Donald Trump is correct when he says the Federal Reserve is clueless and useless. Moreover, Paul says the Fed should stop manipulating interest rates because that fuels artificial bubbles and stock market crashes.

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