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Trump Administration Supports Crypto, Establishes Bitcoin Reserve

The post Trump Administration Supports Crypto, Establishes Bitcocom. Key Points: Main event, leadership changes, market impact, financial shifts, or expert insights. U. S. forms strategic Bitcoin reserve. Support for private cryptocurrencies bolstered. U. S. President Donald Trump has publicly endorsed cryptocurrencies, marking a strategic shift from Central Bank Digital Currencies while bolstering Bitcoin’s status as part of America’s digital asset reserves. This highlights a significant U. S. policy transition favoring private digital currencies, with potential market boosts to Bitcoin and Ethereum, as Trump aims for U. S. digital asset dominance. Bitcoin Price Dynamics Amid U. S. Policy Shifts President Trump announced the establishment of a National Bitcoin Reserve to propel the U. S. to the forefront of digital asset innovation. This directive includes prohibiting central bank digital currencies (CBDCs). Trump’s administration emphasizes a clear regulatory path for private digital currencies, moving towards making America the crypto capital of the world. Immediate changes include banning CBDC development and enhancing digital asset innovation frameworks. Federal reserves now hold Bitcoin, signaling comprehensive financial shifts. The administration is actively redirecting focus from CBDCs. Insights from recent discussions suggest this move aligns with shifting economic policies. The announcement resulted in mixed reactions from various sectors. Industry participants applaud the support for digital assets and regulatory clarity. As Arthur Hayes, Former BitMEX CEO, remarked, “Sovereign-level BTC adoption would forever change the game.” “GENIUS Act is going to make America the UNDISPUTED Leader in Digital Assets Nobody will do it better, it is pure GENIUS! Digital Assets are the future, and our Nation is going to own it.” Donald J. Trump, President of the United States. Market Overview Did you know? The U. S. ban on CBDCs aligns with historic skepticism about centralized digital coins, reflecting a preference for private digital currencies. Bitcoin (BTC) is valued at $103,434. 45 with a market cap of (2062909844827. 33). Market dominance stands at 59. 83% per.

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Fox News host warns Nancy Mace’s ‘psychotic episode’ is derailing Trump’s agenda

Fox News host Trey Gowdy suggested on Wednesday that Rep. Nancy Mace (R-SC) and her latest “psychotic episode” is contributing to the GOP’s inability to unite and defend President Donald Trump’s agenda. This follows Republicans facing a severe drubbing in this week’s elections, with Democrats claiming huge victories in state and local races in Virginia, New York, New Jersey, Pennsylvania, Georgia, and elsewhere.”Do not get distracted,” said Gowdy. “I mean, you look at the headlines recently . you got an apoplectic congresswoman who’s having a psychotic episode in Charleston, at an airport. You’ve got this debate over white nationalism. I think Trump is saying Republicans quit talking about all of that. Start talking about the best 10 months any president has ever had in our history, and maybe we have a chance in the midterms.”Mace, who has a long history of public meltdowns and bizarre stunts, has spent several days throwing a temper tantrum over an interaction she had at Charleston International Airport with TSA officers, calling them “incompetent,” claiming that they endangered her safety, and threatening to sue over allegedly falsified incident reports. She also claimed they would never have treated Sen. Tim Scott (R-SC) like this, prompting the senator to issue a scathing rebuke of Mace’s behavior. This is also not the first time that Mace has clashed with Gowdy, who himself used to be a South Carolina representative. At one point, she even suggested he could be transgender during her recent crusade against LGBTQ rights. YouTube www. youtube. com.

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